“Difference-in-differences: 10–20% sales declines post-tax in several cities/countries.” [1]

Bloomberg TV interview · September 2023

Bloomberg TV interview, September 2023.

• City revenue filings show declines vary between 3% and 8%, not 20%.
• Retail consortium data shows discounting is temporary; difference-in-differences estimate narrows to 5%. [2]
• Economist review finds elasticity assumptions overstate impact in two of five cities. [3]

Claim overstates post-tax decline; credible range is mid-single digits.

1. [1] Panel study on tax elasticity · 2023
2. [2] Retail consortium filings · 2023
3. [3] Economist peer review · 2023
4. [4] State treasury memo · 2022

“EV manufacturing now outsources 80% of battery supply to overseas competitors.” [1]

Press conference remarks on EV incentives · August 2023

Press conference remarks on EV incentives, August 2023.

• Commerce Department audit places current foreign sourcing closer to 58%. [1]
• Domestic supply contracts signed in 2023 cover 35% of projected demand by 2026. [3]

Trend is unfavorable but far short of 80%; domestic deals are expanding.

1. [1] Commerce Department battery audit · 2023
2. [2] Lithium import dataset · 2023
3. [3] GAO gigafactory review · 2023

“Net-zero plan hits households with $1,200 per year in new utility costs.” [1]

Town hall newsletter quoting internal projections · June 2023

Town hall newsletter quoting internal projections, June 2023.

• Independent grid monitor estimates net cost closer to $380 once efficiency offset is applied. [1]
• Household assistance credits cover 60% of incremental spend for qualifying income brackets.

Household cost impact is understated; broad average is a few hundred dollars, not $1,200.

1. [1] Utility regulator testimony · 2023
2. [2] Household credit fact sheet · 2023
3. [3] Town hall fiscal memo · 2023