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To: Mariner

Tell that to Ford who has 30+ billion in subsidies compared to 2.4 billion for Tesla and Tesla paid back it’s loan 9 years early in full. Ford still owes money, GM went bankrupt and will never pay it’s billions back. Nissan still owes billions

Ford borrowed $5.937 billion under the ATVM Loan Program. Ford still hasn’t paid that back.
As of today, Ford has had a total of at least $33,489,841,570 ($33.49 billion) in subsidies awarded.
Nissan borrowed $1.448 billion under the ATVM Loan Program and still hasn’t paid us back.
Nissan’s total subsidy value is $1,955,199,450 ($1.96 billion).

Fisker Automotive borrowed $529 million under the ATVM Loan Program and went bankrupt. We won’t get that money back.
GM and Chrysler both went into bankruptcy and had to be rescued under a separate program.
GM’s total subsidy value is $50,346,920,000 ($50.35 billion).
Fiat-Chrysler’s total subsidy value is $17,599,200,000 ($17.6 billion).

https://cleantechnica.com/2020/08/03/tesla-subsidies-how-much/

But hey don’t let facts get in the way of a good political hissy fit.


25 posted on 02/15/2022 12:33:01 PM PST by JD_UTDallas ("Veni Vidi Vici" )
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To: JD_UTDallas

Plus Tesla hasn’t got electric vehicle subsidies for a few years now. They make too many vehicles to qualify.

A lot of people blab nonsense about Tesla.


28 posted on 02/15/2022 12:38:47 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
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