That's fine for companies in industries that are reasonably mature. But if you want to start a new company in a dynamic industry, Germany is very much not where you want to be.

German GDP per capita is about 45k, as compared to 65k per capita in the US. But that hides a lot. Germany's most productive city is Berlin. Berlin's GDP per capita is....45k. The US on the other hand has cities like San Francisco, with a GDP per capita of 98k, fully 2x that of Germany's best city.

That isn't an accident. Germany and most of Europe have no tech sector to speak of as a direct consequence of their labor and regulatory policies. The EU is a huge economic block, comparable in scale collectively to the US or China, and it has a highly educated population. And yet, it has near zero presence in the most important industry of the 21st century. That's a staggering indictment of their economic policy. 2nd and 3rd tier US cities have more tech than Europe does.

Tesla would never have gotten off the ground anywhere in the EU, and our climate change prospects would be a lot worse off for it. If we want to solve the major problems facing the world, it's going to require major innovation, and that isn't going to come from EU style market regulation.