ShowSomePride
Well-Known Member
- Joined
- Dec 31, 2012
- Messages
- 1,499
- Likes
- 418
I thought he was privately funded?
Yes haha. That is correct. You're over thinking it.
Let's say I have 4ft rod. I cut the rod down to 1ft. The new length divided by the original length is 1ft/4ft. The units cancel and it exists as a dimensionless ratio of 1/4.
Federal tax credits on EVs are what folks most ***** about. That and the huge tax incentives Nevada provided to get the gigafactory. Of course no other industries receive subsidies or tax breaks from states to open shop.
People like to single out and hate on Elon because he's in green industry.
5 billion in government support to his companies.
He is a fraud.
Energy subsidies are projected at US$5.3 trillion in 2015, or 6.5 percent of global GDP, according to a recent IMF study. Most of this arises from countries setting energy taxes below levels that fully reflect the environmental damage associated with energy consumption.
People like to single out and hate on Elon because he's in green industry.
You really should have shut up while you were behind...
http://www.imf.org/external/pubs/ft/survey/so/2015/NEW070215A.htm
Provided that's global subsidies, but that's trillion. Big T on that dollar sign.
And if you really want to talk about subsidies, here's some other competing companies:
https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
Chrysler/Fiat: $17.5 billion in subsidies
General Motors: $50.3 billion in subsidies
Ford: $27.5 billion in subsidies
This is the part where you should STFU and move along.
That, but also because his companies basically aren't self-sufficient. As in, Tesla wouldn't exist without them, and there doesn't really seem to be a plan to get off of them. In fact, the plan is just to exploit them for as long as possible.
Tons of companies get incentives and tax breaks, but he's an easy target because of the extent to which he relies on them too. There aren't many companies of Tesla's size and visibility (maybe no other ones) that would fold overnight if the government cheese was cut off.
That, but also because his companies basically aren't self-sufficient. As in, Tesla wouldn't exist without them, and there doesn't really seem to be a plan to get off of them. In fact, the plan is just to exploit them for as long as possible.
Tons of companies get incentives and tax breaks, but he's an easy target because of the extent to which he relies on them too. There aren't many companies of Tesla's size and visibility (maybe no other ones) that would fold overnight if the government cheese was cut off.
Just had to step away for awhile to check the heightened level of global embarrassment and ridicule Trump has wrought.
I think I'll just sit back and read and try to wrap my mind around the current reality.
No but he should have go go take a swig of raw sewage since he seems to be so fond of the stuff.
See my post above. GM probably wouldn't go very far if the government teet was cut off.
And SpaceX is far more self sufficient than anything else he has. As stated earlier today, they have 50 scheduled launches for different customers. Only about a third of those are government contracts.
See my post above. GM probably wouldn't go very far if the government teet was cut off.
And SpaceX is far more self sufficient than anything else he has. As stated earlier today, they have 50 scheduled launches for different customers. Only about a third of those are government contracts.
I don't disagree; GM itself was rescued by the federal government in 2009 and wouldn't even exist today in its current form without government intervention; just trying to explain why Musk and Tesla might be singled out.
Despite receiving a smaller nominal amount than traditional automakers, he's much more reliant on them and ultimately his company makes very expensive toys for rich people using public money. Easy target.