Economy Newsom may exclude Tesla from tax credits

So you think giving that money to Ford, GM, Toyota, etc which are Tesla's competition is going to grow the market more than giving that money to Tesla? Tesla's competition has much larger revenue, resources, and decades more experience building and servicing cars.
If we're talking the EV market, not the entire automotive market, yes. A market is healthiest with lowest prices if there are as many EV options as possible.
they already had special privileges, FL made it a even playing field. This is the opposite what's going on in Cali, I am sure you where cheering on FL because of smaller businesses given a change to compete right? ya know steering subsidies to non-market leaders
I disagreed with how Florida arrived at the decision, but I had no issue with the actual decision. I don't like corporate handouts and I don't like Disney as a corporation and how much it captures local governments.
 
It’s not about that. You can’t just single a company out. This is political targeting and won’t be held up under legal review.

Tesla doesn’t need the credit and Elon has said as much. You can’t have EV credits and not include one company because of political reasons.

You also can’t go 4 years saying lawfare isn’t real and then support this.
It would almost certainly hold up. Proving a direction connection is incredibly difficult. There a plenty of tax policies designed to favor or punish one company in particular.
If the goal is to put the most ecars in peeps hands then not sure that practice is good. Elon opened all the tesla patents 2 years after releasing the first model so that everyone could use the technology and all these automakers could catch up/improve in order to get us to more ecars. To me, he went above and beyond what he had to do. This seems govt punishing on the support given on the heels of the election.
Depends on what time frame you're looking at. If you're thinking 5 years or less, you are correct. But if we're looking at 20 years or longer? Then competition is key for keeping prices low. And I wouldn't be surprised if Musk's mouth is factoring into this. I don't think it's provable and as I mentioned above there are no shortage of laws or tax policies targeted at just one company.
 
It would almost certainly hold up. Proving a direction connection is incredibly difficult. There a plenty of tax policies designed to favor or punish one company in particular.

Depends on what time frame you're looking at. If you're thinking 5 years or less, you are correct. But if we're looking at 20 years or longer? Then competition is key for keeping prices low. And I wouldn't be surprised if Musk's mouth is factoring into this. I don't think it's provable and as I mentioned above there are no shortage of laws or tax policies targeted at just one company.
Well but monopolies are a thing. Competition is a good thing but why give anyone else what you have to start? Better to let them put out an inferior design and monopolize the market. If there is a market for it others will attempt but giving them the keys to get them to the same spot you are after 2 years is a big risk. US automakers dominated for years until the Japanese came along and built a better mousetrap.
 
Elon is heavily partisan and spit in the face of the Democrats. If Trump gets his way, no more tax credit and Elon will have played a part in that. He's in no position to cry about it meow, he's reaping what he's sown. Personal responsibility right? Like Kyle said, blow me. Welcome to politics bud.

You are supposed to help the people you were elected to serve, not use your power to settle petty vendettas. Anyone who cheerleads that kind of carry on is a moron.
 
Well but monopolies are a thing. Competition is a good thing but why give anyone else what you have to start? Better to let them put out an inferior design and monopolize the market. If there is a market for it others will attempt but giving them the keys to get them to the same spot you are after 2 years is a big risk. US automakers dominated for years until the Japanese came along and built a better mousetrap.
Monopolies are not good for pricing. Not to mention if someone else supplants Tesla, they would lose the credits and Tesla would gain them. Or if the market has no leader, everyone gets the credits.
 
You are supposed to help the people you were elected to serve, not use your power to settle petty vendettas. Anyone who cheerleads that kind of carry on is a moron.
Elon is a yuge welfare queen, he's been helped plenty. He is where is he because of government handouts and he campaigned with the president to end the welfare he benefits from. He's getting exactly what he asked for.

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It's funny because Californians love their Teslas. Gavin is hurting himself.

I for one would like to see EVs die in California until we get our energy situation improved or we are going to see black outs as Arizona will soon be re-routing the electricity they send to us from Palo Verde Nuclear to their new giant data center(s).
 
Monopolies are not good for pricing. Not to mention if someone else supplants Tesla, they would lose the credits and Tesla would gain them. Or if the market has no leader, everyone gets the credits.
May not be good for pricing but they are good for most businesses which is why we have laws to prevent that. It's not just about the credits. If someone supplants tesla they could lose more than that depending on the improvements made on teslas design. Again it is a big risk and all these companies get R&D tax breaks. Let them have at it. I haven't seen any new manufactured product give up their patents willingly so others could use their design. Could be wrong but don't think I've seen it. 2 years isn't long enough into sales to know you can stay ahead. It's why peeps sue over stolen engineering patents etc. Bc it will hurt them more than help them
 
Elon is a yuge welfare queen, he's been helped plenty. He is where is he because of government handouts and he campaigned with the president to end the welfare he benefits from. He's getting exactly what he asked for.

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Thankfully we can stick a fork in the Progressives; you’re done in this country and your tears are delicious.
 
gavin gruesome is a lil bitch and likely the next dem nom for potus
 
The guy that appointed him thinks that climate change is a Chinese hoax.

It’s almost like Elon is sleazy attention whore that doesn’t stand for anything.
He took the risks in all these innovative companies.... not true...
 
Is that the entire point? We have an EV tax credit now and its only for American made cars, if the whole point is to get as many people into EVs then why restrict the credit to only American made vehicles when foreign ones might be cheaper or better and would allow mass adoption quicker?

The reason is because of politics, it looks bad to subsidize the purchase of foreign cars despite the fact that it would help achieve the stated goal of mass EV adoption. What Newsome is doing seems a bit more vindictive than standard populist politics though.

Sure but if a Republican did this wouldn't you think it was bad? And if so isn't it also bad in this case?
I’d think it was bad either way. Were you referring to Chinese made cars? We can’t let BYD into the market for a number of reasons.
 
On one hand yes, definitely, though I wouldn't be surprised. On the other hand, if that billionaire had been highly antagonistic and talked about how they don't want subsidies for anyone after receiving a yuge amount of government assistance from Republicans, eh, dunno that I'd feel too bad for 'em if they bit the hand that fed them. Like change Elon to Bill Gates or George Soros and I don't know that I'd bat an eye.
Elon Musk is what the right accused Soros of being for years. It’s weird how the tables have turned.
 
That’s not mutually exclusive, he can be and do both.

Maybe he had genuine intentions decades ago but he’s definitely a prima donna nowadays.
Look the man doesn't spend like bezos, constantly looking for solutions to problems..maybe he thinks he can influence Trump who knows. He has NEVER voted a republican before this election. But the left lost him and he's voting his interests. Even cenq said he would help Trump. Now RFK who spent years as an environmental lawyer aligning with Trump. Does the govt produce wasteful spending? Everyone agrees on that. If he thinks he can create efficiency then he will. Does RFK think he can do good? Yes imo
 
Idc if the cars are cheaper because the workers are paid less, that's the comparative advantage that developing countries have relative to developed ones and part of free trade.

If those countries are unfairly subsidizing certain industries that are competing with non-subsidized American ones that's a different story, in that case its unfair and tariffs make some sense.

Man — that’s a pretty naive stance. If a country like China can essentially not pay its labor and flood the US market killing companies left and right because they are essentially using slave labor, you don’t care?

Chinas whole tactic is to undercut the US through not paying labor. Your second point is why we need the tariffs on China and not to let BYD into the market.
 
Look the man doesn't spend like bezos, constantly looking for solutions to problems..maybe he thinks he can influence Trump who knows. He has NEVER voted a republican before this election. But the left lost him and he's voting his interests. Even cenq said he would help Trump. Now RFK who spent years as an environmental lawyer aligning with Trump. Does the govt produce wasteful spending? Everyone agrees on that. If he thinks he can create efficiency then he will. Does RFK think he can do good? Yes imo
He doesn’t spend like Bezos is a low bar. Also, Bezos isn’t commiting fraud by larping as opponents of Trump’s campaigns to smear them. Keep in mind that Trump spent the most since World War 2 as POTUS so I don’t really buy the fiscally conservative promise from him.


The left lost him? In what? Freedom of Speech? The guy that he is fighting for has boasted about deporting people with edgy opinions. He even has gone on record to threaten to shutdown media that reports things that he doesn’t like. Elon selectively censors people on Twitter for things based on their political affiliation.


Eitherway, I think you are applying too much goodness and nobility to him. Remember Trump’s corporate tax cuts bless him too.
 
Man — that’s a pretty naive stance. If a country like China can essentially not pay its labor and flood the US market killing companies left and right because they are essentially using slave labor, you don’t care?

Chinas whole tactic is to undercut the US through not paying labor. Your second point is why we need the tariffs on China and not to let BYD into the market.
What’s going on,Rob? I didn’t think you were a Lenin supporter. Since when do you care about stuff that happens overseas, I thought you just cared about low prices and stuff that directly impacts you.
 
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