I did not want to hijack @MattC's post regarding hydrogen fuel infrastructure (http://www.teslamotors.com/forum/forums/new-fuel-infrustructures-toyota-...), so I decided to start a new thread for an idea that I have been mulling over.
For the sake of argument, I will begin with a few assumptions, although not too far from whatever the actual numbers are. Let's say that there are 25,000 Tesla Model S's on the road - if not there yet, we will be there soon. Also let's assume an average of $7,500 federal tax credit for each vehicle (not to mention other perks).
A little analysis and backing:
At the above figures, the tax credits alone represent over $187M in reduced tax revenue for the Tesla Model S alone.
Each Tesla supercharging station costs roughly $500K to build. Meaning that Tesla has spent less than $40M to enable cross-country fast-charging.
There is a theoretical limit of 200K vehicles for the federal tax incentive as stated in the tax code (http://www.irs.gov/Businesses/Plug-In-Electric-Vehicle-Credit-%28IRC-30-...). That represents $1.5B per manufacturer before the credit starts tapering off.
If we all get what we wish - a future of electric vehicles - at some point the tax incentives would need to stop, even for new entrants. It is inevitable.
The government should eliminate the federal tax credit and replace it with free fast-charging infrastructure because it is cheaper to do so and does more to enable the goals of energy efficiency and emissions reduction.
It makes perfect fiscal sense. We can all agree that more EVs will be built every year. The current incentives don't scale well. Tax credits and other incentives increase linearly (per car). On the other hand, investing in infrastructure would be a proportional cost (geographically or on a per x car basis).
The $187M of tax credits in the short time the Model S has been in production could have funded 375 supercharging stations and incentivize adoption for far more than 25,000 cars.
Here is another number, it would cost ~$43B to put two superchargers per zip code throughout the entire United States (the California high speed rail project costs an estimate $91B).
I could go on, but I will see how this discussion goes.
Please Login to Comment