WarmWash 3 days ago

Trust me, I hate Tesla and Elon as much as the next naysayer

But just to keep the story straight

Tesla received ~$3 billion in subsidies.

When Elon exercised his Tesla options in 2021, he paid $11 billion in taxes on it.

By all accounts those subsidies were an incredibly good use of taxpayer money, and similar subsidies should keep being handed out, even if the byproduct is another big troll on twitter.

  • jordanb 3 days ago

    Dunno where that $3 billion comes from; tesla made 11 billion in regulatory credits alone: https://insideevs.com/news/767939/tesla-regulatory-credit-11...

    • everfrustrated 3 days ago

      If you even read the article you linked, you'd be aware the source of the money there is from other vehicle manufacturers to Tesla not from govt/tax payers.

      • whatshisface 3 days ago

        Other vehicle manufactuers are taxpayers...

        • DennisP 3 days ago

          So are Tesla's customers but that doesn't mean car sales are subsidies.

    • WarmWash 3 days ago

      Perhaps you are confused, the regulatory credits were sold by Tesla to other car makers so they could meet their emissions requirements. That $11 billion came from other automakers, not taxpayers.

      • jordanb 3 days ago

        So you're saying Tesla made $3 billion directly from taxpayers and another $11 billion in cash transfers from their competitors required by the government?

  • dpkirchner 3 days ago

    How should we calculate the enormous subsidy they received through high tariffs against their competitors?

  • terminalbraid 3 days ago

    > Trust me, I hate Tesla and Elon as much as the next naysayer

    But then you go to defend them as if it were something you're obligated to do. I think you demonstrably do not hate Tesla and Elon as much as the next naysayer.

    • WarmWash 3 days ago

      No I hate disinformation that makes people on my side look uninformed and stupid.

      On a deeper level, I hate bandwagons because they are invariably full of idiotic parrots.

      Elon has done a enough demonstrably stupid and bad shit that we don't need to play deception to drum up resistance. Especially when that deception plays on "government subsides in the green sector have been a colossal waste of money".

    • IncreasePosts 3 days ago

      I call this the 12 fingered hitler, frequently seen on reddit.

      It goes like this:

      Person A makes up some unsupported fact about a despised figure. For example, "Hitler had 12 fingers".

      Person B comes in and says "I think Hitler just had 10 fingers like normal"

      And then person A or some other person responds "holy shit dude, I can't believe you're defending Hitler!"

      • WarmWash 3 days ago

        Exactly

        And then neo nazis go around telling susceptible people "Look, Hitler's detractors think he had 12 fingers, just look at any picture of him, he clearly only has 10. You're gonna trust people that stupid to be honest about him? To know anything about him?"

        Disinformation feels good in the moment, but is immensely damaging overall. Even the people who believed he had 12 fingers will feel betrayed and question everything else when they one day learn he actually had 10.

andruby 3 days ago

That's true for a lot of (most?) car manufacturers?

I fully agree that TSLA is madly overpriced as a car company, and too hyped as any other type of company.