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Canadian Poncho Homepage -> Canadian Poncho -> The Lounge -> Tesla's Cheap 94-Mile Model 3 Has Cost Canadian Taxpayers $115 Million
Post Info TOPIC: Tesla's Cheap 94-Mile Model 3 Has Cost Canadian Taxpayers $115 Million
Greaser


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Tesla's Cheap 94-Mile Model 3 Has Cost Canadian Taxpayers $115 Million
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https://www.thedrive.com/news/40975/teslas-cheap-94-mile-model-3-has-cost-canadian-taxpayers-115-million

 

"It certainly looks like Tesla gamed the system by listing a no-frills model just under the maximum price

in order to get access to millions in taxpayer subsidies for higher-priced models," said Aaron Wudrick,

federal director of the Canadian Taxpayers Federation during the outlet's previous exposé on the Tesla Model 3 Standard Range.

"Everyday taxpayers are subsidizing fancy cars for wealthier people."



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Canadian Poncho


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Yup. That's what they did. I don't think anyone bought a 94 mile version.

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Todd
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65Camino


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Why are any electric vehicles subsidized is beyond me ?

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Greaser


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From May 2019 until April 2021, Tesla sold just 151 units of the Standard Range Model 3,

meaning that buyers received $755,000 in subsidies to use towards the lower-range EV.

Meanwhile, it amassed a sale of 22,938 units of the Standard Range Plus.

This makes a total of 23,089 sales eligible for the iZEV credit,

or up to $115.5 Million paid out for a model that would have otherwise not qualified for the incentive.



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Canadian Poncho


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Scary the corporate greed. How much Canada give automakers in 2008?



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Canadian Poncho


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I answered my question thanks to the Google:
On December 20, the government of Canada and the province of Ontario offered $3.3 billion in loans to the auto industry. Under the plan GM will receive $3 billion and Chrysler will receive the rest.

Imagine how that 3.3 Billion and 115 million would help each taxpayer!

 



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