[JumpCrisscross]

> Tesla generates more revenue for the state than these tax credits are worth

California collects a 7.5% sales tax on the purchase of new vehicles [1]. A $40,000 car would thus generate $3,000 of state sales tax income. That appears to be much less than the value of the proposed credits.

[1] https://www.salestaxhandbook.com/california/sales-tax-vehicl...

[lazyjones]

> A $40,000 car would thus generate $3,000 of state sales tax income. That appears to be much less than the value of the proposed credits.

Tesla sells expensive cars, revenue per car is currently near $90.000.

[_jezell_]

As I said, current models. Those are future models. And this is not the only revenue the state gets from Tesla.

[DrScump]

And even then, absent the existence of Tesla, similar money would be spent on a competing vehicle anyway.