Elon Musk Says It's 'Crazy' That Europe Subsidizes Pollution

Tesla Inc (NASDAQ: TSLA) CEO Elon Musk suggested Tuesday that European countries need to stop subsidizing fuel-based vehicles.What Happened: Musk was reacting to a study by TransPerfect DataForce, commissioned by Transport & Environment, a green group, which indicated that leased cars cost European taxpayers $37.7 billion each year — most of which run on petrol- and diesel-based engines.”So crazy to subsidize pollution,” the billionaire entrepreneur said in a tweet. “This is not good for people, especially in dense cities with heavy traffic, where your air intake is jammed up against another car’s exhaust pipe,”The study urged VAT deductions and write-off …read more

Source:: Yahoo Finance

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