Not sure if this is a tongue in cheek joke, but Tesla has benefited massively from federal subsidies as well as local dog and pony shows of small municipal factory sites.
It wasn’t a joke, but I do see your point. US subsidies for EVs are massive as well. I guess I just hadn’t dug into the numbers. Now I’m not sure who gives more subsidies, the US or China.
The federal tax credit in the US is much higher than the Chinese equivalent it appears. But the factory and R&D subsidies are much harder to compute.
