Jul 31, 2017
The State of California plans to extend the low-emission vehicle subsidies with a price tag of three billion dollars.
For each electric car purchase, the electric car owner gets $5,000 from California and up to $7,500 from the federal government. Because of these generous subsidies, about 250,000 electric cars have been sold in California, which is about 50% of the sales across the U.S. Companies like Tesla are enriched on the backs of California and U.S. tax payers.
Even with the subsidies, electric cars are too expensive for most people. And their many inconveniences make them impractical for people who have to drive to work every day.
This is what “free enterprise” means. The rich are free to fork out money out of our pockets to drive their “high tech” and “low emission” toys.