The incentives include a current $7,500 tax credit to purchase a plug-in electric vehicle as well as $500 if the vehicle's battery is made in the U.S. The bill also removes a 200,000-vehicle phase-out of the credit, allowing GM and Tesla customers to once again be eligible for the incentive.

What government subsidies does Tesla get?

Tesla is in an awkward position when it comes to government subsidies. Early on, the company received $465 million from the government's Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. The funds helped Tesla develop the Model S, a luxury vehicle with a price tag starting at $68,000 back in 2017.

Does the govt subsidize Tesla?

The $4.9 billion in government subsidies (much of the data sourced from our Subsidy Tracker database) covers three companies affiliated with Musk: SolarCity (ranked 28 ^th in our list of top recipients), Space X, and Tesla Motors (ranked 22 ^nd).