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Tesla Proves To Be Too Pricey For Germany, Loses Tax Subsidies (reuters.com)

Tesla has been removed from Germany's list of electric cars eligible for subsidies because its Model S sedan is too expensive for the scheme. Tesla customers cannot order the Model S base version without extra features that pushed the car above the 60,000 euro ($71,500) price limit, a spokesman for the German Federal Office for Economic Affairs and Export Controls (BAFA) said on Friday. From the report: Germany last year launched the incentive scheme worth about 1 billion euros, partly financed by the German car industry, to boost electric car usage. A price cap was included to exempt premium models. "This is a completely false accusation. Anyone in Germany can order a Tesla Model S base version without the comfort package, and we have delivered such cars to customers," Tesla said in a statement. The carmaker said the upper price limit was initially set by the German government to exclude Tesla, but later a compromise was reached "that allows Tesla to sell a low option vehicle that qualifies for the incentive and customers can subsequently upgrade if they wish." It said, however, it would investigate whether any car buyers were denied the no-frills version. Under the subsidy scheme, buyers get 4,000 euros off their all-electric vehicle purchase and 3,000 euros off plug-in hybrids.

2 of 121 comments (clear)

  1. Re:Nissan makes more than Tesla. So do several Chi by Anonymous Coward · · Score: 1, Funny

    No Ray, Elon Musk is trying something that hasn't been done whereas you're just a jealous faggot with a coal-fired intellect firing off PT Barnum aphorisms. FTFY.

  2. Re:Need to cut price by 50% by dabadab · · Score: 3, Funny

    When you can dump 100K on a car, you're not counting how many cents you save per kilometer.

    You have never met a German, have you?

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    Real life is overrated.