U.S. taxpayers have been forced to subsidize government “alternative energy” schemes on a truly massive scale.
Tesla and its overpaid CEO Elon Musk have milked taxpayers already for almost a billion dollars.
Tesla manufactures expensive electric cars–sold primarily to the super rich–with the massive support of U.S. tax dollars. One could say the program is a massive transfer of wealth from the poor to the rich.
The stated goal of such subsidies is to fight manmade global warming by reducing Americans’ carbon footprint.
But the manufacture of one Tesla lithium battery alone produces more CO2 than an average gas car produces in 8 years. See here.
And now a new Morgan Stanley report finds that the operation of an average electric car requires the production of more CO2 than the operation of an average gas car. This is because the electricity to power a Tesla generally comes from coal or gas power plants. See here.