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Welfare for the Rich

“Tesla appeals to confused consumers who simultaneously want to display ostentation and green virtue.”

 a great line by Holman Jenkins on the WSJ editorial page.

My beef is that Tesla is welfare for the rich.  A $10,000 tax credit for the car buyer.  Fuel economy credits for Tesla that they sell to pickup truck manufacturers and an unknown amount of tax credits and local government benefits for the privilege of having one of their facilities.   Rich people should be allowed to spend their money any way they like but average taxpayers shouldn’t have to finance their purchases.

Sell Tesla short.

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