Monday, June 12, 2017

This is What Happens When Government Subsidies Stop

It's Confirmed: Without Government Subsidies, Tesla Sales Implode

"Nobody was hurt more than Tesla: the company, whose sales were skyrocketing at the time, lobbied against the move, with CEO Musk warning during a visit to Copenhagen that sales would be hit. It wasn't clear if the warning was targeting the government, the people of Denmark, or his own bank account and shareholders, but he was absolutely correct: in 2015 Tesla sold a total of 2,738 cars in Denmark. In 2016 the number dropped by 94% to just 176 units."

The same will happen in the solar and wind industries when the government subsidies stop. 

Georgetown better enjoy the subsidies, paid for by U.S. taxpayers around the country, while they can!

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