Tesla IRA subsidy

Discussion in 'Tesla' started by bwilson4web, Apr 18, 2023.

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Who made a profit from the EV subsidy?

Poll closed May 9, 2023.
  1. 100% Tesla profit

    0 vote(s)
    0.0%
  2. Mixed Tesla and buyer profit

    100.0%
  3. 100% buyer profit

    0 vote(s)
    0.0%
  4. I just did my taxes and another math problem?

    0 vote(s)
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  1. bwilson4web

    bwilson4web Well-Known Member Subscriber

    It can be argued that the IRA subsidy is somewhere between a Tesla and buyer profit ... depends on your point of view. Regardless, how much subsidy would Tesla have made in the USA: https://tridenstechnology.com/tesla-sales-statistics/

    In the US, Tesla sold almost 181,000 cars during Q1 2023.

    Q4 of 2022:
    Model S 9,171
    Model 3 55,030
    Model X 6,552
    Model Y 60,271​

    My estimate would be a maximum of $795,963,750 in subsidies. I used 100% of Model Y the the max, $7,500. Model 3 estimate is $3,750 for 1/3d of Model 3 and $7,500 for the rest. There are other losses from income level, make too much and no subsidy. But back of the envelope, a nice chunk of change.

    Bob Wilson
     
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