Tesla likes to argue that its customers don’t need government subsidies to buy electric vehicles. “In fact, the incentives give us a relative disadvantage,” Tesla CEO Elon Musk said on a May 3 investor call. “Tesla has succeeded in spite of the incentives not because of them.” Maybe Tesla doesn’t need tax breaks, but they sure help. The end of one tax credit in Hong Kong raised the effective price of a Tesla Model S
Tax incentives might run out on Tesla, but electric cars will be just fine
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