Germany spent €860m on Tesla buyer subsidies linked to EU Covid recovery fund, plus €71m for Berlin gigafactory (euobserver.com)
0xBASE INTEL BRIEF
- €860m Tesla buyer subsidies (2020–2023)
- Helped Germany unlock EU Covid recovery funds
- €71m state aid for Tesla Grünheide gigafactory
"Between 2020 and 2023, Germany subsidized Tesla purchases with roughly €860 million, a program that helped the country unlock EU Covid recovery funds. Now, Tesla's Berlin gigafactory is receiving over €71 million in state aid under an EU crisis framework. The payments come as Elon Musk publicly criticizes the EU and supports the far-right AfD party."
#Tesla subsidies
#EU recovery fund
#Gigafactory aid
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