Reply to post: Cui bono

Tesla share crash amid Republican bid to kill off electric car tax break

Seajay#

Cui bono

It looks like the benefit from this subsidy goes to the well-off, who get to buy a Tesla with a tax credit. Outrageous right?

However, the big benefit here is not owning a cool car but reducing climate change both immediately from the reduction in emissions by the rich person who now doesn't own a range rover and in the longer term as the EV R&D makes its way in to cheaper cars and ultimately all cars.

That benefit goes mostly to the poor.

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