subsidies did Tesla Motors receive by 2015?

How much government subsidies did Tesla Motors receive by 2015?

 

 

 

 

 

 

 

 

 

 

 

 

3 Answers

Matt Wasserman

Written 14 Jun

 

$2.391 billion.

$1.29 billion from the State of Nevada, in the form of tax breaks for the GigaFactory. Tesla and their partners will have to spend about $100 billion of their own money to meet all of the requirements of the program.

$45 million - Discounts on their Department of Energy Loan

$90 million - tax breaks funded by the California Alternative Energy Board

$517.2 milllion - Zero emission vehicle credits from the State of California which they then sold.

$284 million - Federal tax credits given to people who bought Teslas.

$38 million - California rebates to people who bought Teslas

$126 million - California Self-Generation Incentive Program. Promotes the construction of alternative energy sources.

$647,626 — California job training reimbursement.