Subsidies Power the Electric Vehicle Market

Elon Musk Profits from Billions in Subsidies for His Electric Cars

By Institute for Energy Research —— Bio and Archives--June 4, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

One electric car company, Tesla Motors, has benefited from billions in subsidies for making vehicles only the rich can afford.[1] Each Tesla costs at least $75,000 before government subsidies.(i]

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