Tesla received fraction of the subsidies the Big 3 and oil industry have received
electrek.co
electrek.co
Musk suggested that the report, which was grossly misleading on some of the subsidies as explained in our breakdown, could have been planted to counter the IMF study that found that the fossil fuel industry was receiving the equivalent of ~$5 trillion in subsidies per year.
I wonder why that smear campaign is happening now.
[0] http://www.usnews.com/opinion/blogs/economic-intelligence/20...
In this, the author's all over the place.
He undermines his own argument by showing XOM gets $0.4B in subsidies v. TSLA's $2.4B. But he doesn't compare XOM directly with TSLA's figures. Instead, he compares XOM to SCTY ($1.1B) -- which has MORE subsidies than XOM!!!