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.
I don't think California has given Elon any significant subsidies. When Tesla asked states to compete on the Gigafactory, California lost to Nevada.