incentives

We learn through GreenCarCongress that the US Department of Energy’s Office of Energy Efficiency and Renewable Energy (EERE) published a list of 10 states which are now adopting electric vehicle fees ranging from $43 to $300 to replace lost revenue from fuel taxes.

Fuel taxes at the pump have theoretically been used to finance highway maintenance, but electric vehicles and plug-in hybrids using less or no gas at all are not contributing to this fund.
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The LA Times published an article over the weekend titled “Elon Musk’s growing empire is fueled by government subsidies”. The publication compiled data from government programs and estimated that Tesla Motors, SolarCity and SpaceX, three companies Musk is involved in, have benefited from “$4.9 billion in government support”. Saturday, I wrote an opinion piece about how I thought the article is grossly one-sided. Since then, the LA Times released a breakdown of the $4.9 billion figure.

Here is the complete breakdown with my comments on each government incentive and information that wasn’t included or simply glanced over in the LA Times article:

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