Elon Musk's businesses have benefited from billions in federal and state government subsidies and low-interest loan programs over the years.
He's taking huge risks because other people are footing the bill.
He's taking huge risks because other people are footing the bill.
And FedEx has a huge implicit subsidy via road maintenance. And Walmart, via various welfare policies. And insurance companies heavily benefit from various government policies.
I can think of these all day.
Billions in loans? Tesla received a $465M loan from the department of energy in 2010, which they paid back in full, with interest, by 2013.
As for subsidies (ZEV credits, EV incentives, state tax credits, etc)? Tesla receives absolutely nothing that isn't available to all US car manufacturers.
I'd much rather have a car company take some of my money in taxes than take my health by polluting.
Remember leaded gasoline? That's only been fully banned in the US for about two decades. Entire generations were damaged, like Flint, MI on a national scale.
But ooh noo, Elon Musk takes some of our taxes, the horror.