QOTD: More Or Less Government Money For EVs?

Bertel Schmitt
by Bertel Schmitt
qotd more or less government money for evs

Elon Musk is known as a bigtime Barack Obama donor, and he is hoping he will get his money’s worth. Musk thinks (hopes? knows?) that government largesse for electric cars will continue unabated during the second term.

“I think that we can expect at least that things will continue as they have,” Musk told Reuters. “I wouldn’t expect it to get any worse for electric vehicles, hopefully it will get a little better.”

Not surprisingly, Musk also is for raising the federal tax credit for electric cars to as much as $10,000. Tesla received a $465 million loan from the U.S. Department of Energy in early 2010,

What do you think? Will there be more – the same – less government money for EVs in the four more years?

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8 of 58 comments
  • Roberto Esponja Roberto Esponja on Nov 13, 2012

    Holy cow, that boy needs to get some sun. He looks like one of the Borg!

  • Ronnie Schreiber Ronnie Schreiber on Nov 13, 2012

    I wonder what would happen if the Republicans in Congress simply vote "Present" for the next four years, making it clear that the Democrats own whatever happens. Without being able to blame or co-opt the Republicans and actually have to govern, what will the Democrats do? I happen to think they'll drive the bus over the cliff, but unfortunately the only way to prove it is to let them.

    • See 2 previous
    • El scotto El scotto on Nov 13, 2012

      Ronnie, one of my great aunties would say both sides of the aisle are speaking malarkey and foisting shenanigans with our money; now are you hungry or thirsty?

  • Mike Kelley Mike Kelley on Nov 13, 2012

    I suppose Obama will go full speed ahead on more of this "green" crap, since we only owe $16 trillion or so and the monthly deficit in October was only $120 billion. We'll let future generations worry about it: http://ca.news.yahoo.com/budget-deficit-rises-120-billion-october-190237736--business.html

  • Shaker Shaker on Nov 14, 2012

    "Car of the Year".