Re:Tesla’s headquarters will move to Austin
by barney54 on Thursday October 07, 2021 @08:08PM
(#28793840)
Now that Elon has extracted a bunch of subsidies from California, he is moving on.
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Re:Tesla’s headquarters will move to Austin
by joewadcan on Thursday October 07, 2021 @08:16PM
(#28793921)
Which ones specifically? The only two I know of are:
- The low/zero emission car rebate that Toyota and every other manufacturer has used.
- The clean energy manufacturing tax write off that applies to over a hundred other companies.
I don't think California has given Elon any significant subsidies. When Tesla asked states to compete on the Gigafactory, California lost to Nevada.
Re:Tesla’s headquarters will move to Austin
by icapulet2 on Thursday October 07, 2021 @10:19PM
(#28794983)
lol are you serious? Google "tesla ZEV credits". and CAEATFA has landed it over $225MM worth in write offs.
Re:Tesla’s headquarters will move to Austin
by joewadcan on Friday October 08, 2021 @05:54PM
(#28804576)
Write offs isn't the right word here. It's a partial tax offset for purchasing manufacturing equipment. The tax itself is already high, so the partial exemptions on that tax isn't some give away.
Re:Tesla’s headquarters will move to Austin
by oxplot on Thursday October 07, 2021 @09:48PM
(#28794756)
> Now that Elon has extracted a bunch of subsidies from California
to move towards a sustainable future, he's moving on to Texas. Hell of a great use of subsidies.
Re:Tesla’s headquarters will move to Austin
by systemvoltage on Thursday October 07, 2021 @08:32PM
(#28794085)
Doing anything else is foolish.