Let’s face it, the $7,500 federal tax credit for the Tesla Model S is hard to defend. Only the wealthy can afford a $100,000 car, and the wealthy hardly need the tax credit. This factoid opens the door to criticism against the whole project of electric vehicle adoption. I…
Last week Tesla Motors excited us by taking a big step toward the promised Gigafactory, that in turn is the necessary big thing to build to enable the Tesla Model 3 electric car. While many people in Nevada are excited to know the Gigafactory is coming to Reno, and it’s…
US Senator Max Baucus (D-MONT) wants to kill the federal tax credit for electric cars (section 30D) in favor of a system for “technology-neutral” tax credits for “clean fuels”. The proposal is part of a larger package of energy tax code reforms that Baucus thinks will simplify the tax code,…
Perhaps when we think “oil companies want to kill electric cars” our imagination is running away with us, but when a Congressman who owns/owned millions of dollars in oil company stock, who is also a car dealer, and wants to kill electric cars, what else is our mind to think?…
The government tried to close his car dealership, he fought back, and now as a Congressman Rep. Kelly wants to kill the electric car. With HR 3768 introduced, on Dec 30, by Chevy Car Dealer and Rep. Mike Kelly (R-Pa.), a proposal to end the $7500 tax credit for electric…
The latest round of the U.S. Federal budget showdown was averted with the deal on the payroll tax cut, but there was collateral damage with dozens of tax credits that were not extended and are now expiring on Saturday, including three related to electric vehicles and several more related to…
