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A comment on Tesla reports first quarterly profit in more than three years. Parent comment

Re:Tesla reports first quarterly profit in more than three y... by Analemma_ on Wednesday October 26, 2016 @08:33PM (#12802009)
... at a considerable cost to taxpayers in what was essentially a large upward wealth transfer.

It might be worth it in the end, but call a spade a spade.

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Re:Tesla reports first quarterly profit in more than three y... by eanzenberg on Thursday October 27, 2016 @02:54AM (#12803336)
In the US gas is subsidized to hell. It's not even close compared to EV credits paid out.
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Re:Tesla reports first quarterly profit in more than three y... by Reason077 on Thursday October 27, 2016 @01:53PM (#12807468)
The ZEV credits that Tesla receives, and sells on, aren't paid for by taxpayers - they're paid for by other automakers.

Ultimately, it comes out of the profits of whichever automakers aren't producing enough low-emission cars.

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Re:Tesla reports first quarterly profit in more than three y... by sova on Sunday October 30, 2016 @03:04PM (#12831584)
Interesting. This is my first time learning about ZEV credits. That's actually pretty cool.
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Re:Tesla reports first quarterly profit in more than three y... by rmah on Thursday October 27, 2016 @06:57AM (#12804071)
Gasoline is not subsidized, it is heavily taxed.
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Re:Tesla reports first quarterly profit in more than three y... by Reason077 on Thursday October 27, 2016 @01:50PM (#12807428)
Yes, gasoline is taxed at the retail level (though not particularly heavily in the US).

However oil & gas production receives significant subsidies in many (most?) countries around the world, including the US.

In addition, oil used for things like aviation fuel, heating, power generation, and maritime fuels used for shipping, are typically completely tax-free.

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