State Subsidizes Tesla, Then Restricts It
In 2007, the state of Michigan awarded Tesla Motors a $602,000 tax credit to support the car company’s efforts to start a research and development office in Rochester Hills to sell its electric car.
In October 2014, the Senate passed 38-0 and the House passed 106-1 a bill that would prevent Tesla from selling its electric cars directly to consumers.
ForTheRecord says: They say love is fickle.
Michigan Capitol Confidential is the news source produced by the Mackinac Center for Public Policy. Michigan Capitol Confidential reports with a free-market news perspective.