in and how that all ties in with the subsidies. Well, yeah. So there's a few different ways these subsidies work. And there's not one coherent policy here we're going on. But there's the federal tax credit for an EV buyer. You get up to $7,500 for qualifying electric car as a tax rebate. And that applies for the first 200,000 cars that in the U.S. that a manufacturer sells, a brand. So Tesla, all of GM would fall under that umbrella. No one's hit that number yet, but people think that this year sometime Tesla will cross the line. Which is why they're going to lose the subsidy. Well, they wouldn't lose it right away under current law. It would be you have like a six-month grace period once you sell the 200,000 car and then it tapers gradually. So you probably take another year or so before it went away altogether. But that's the buyer tax subsidy. In California, there are state-level credits for EV buyers as well that can also lower the consumers bill. And the manufacturer, because of (18/45)
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