Risky business
OPINION: In the same way that even a stopped clock is right twice a day, economists sometimes get it right.
According to the latest figures, the Government's controversial 'clean car discount' scheme has seen buyers of 9,730 Teslas getting a combined total of $83m in rebates from the scheme - averaging about $8,500 a car.
Meanwhile, a regional breakdown of these sales shows that many of the suburbs where these cars are registered are well-known for their wealth.
The clean car discount scheme works by giving refunds of up to $8625 off the price of the cleanest new EVs when they are first registered and is paid for by slapping a $5,175 fee on utes.
It appears the country's ute buyers are subsidising the owner of Tesla - the world's richest person - Elon Musk to the tune of $30 million a year.
