Thursday, February 8, 2018

Electric cars an excuse for more #autosprawlsubsidy

The New York Times : "...Tesla reported it used up only $277 million in cash in the fourth quarter. That was down from $1.4 billion in the third quarter. On a full-year basis, however, the company used nearly $3.5 billion in cash, more than twice the amount from 2016."
nyt Yet in the final tax bill Mr. Trump signed in December, there they are: the full panoply of tax incentives for renewable energy, as well as the $7,500 electric vehicle tax credit.

Automakers can get up to 1.5 billion from this subsidy.

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