Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

Tesla's Musk says Biden's electric vehicle bill should not pass Congress
Yahoo Finance ^ | December 7,2021

Posted on 12/07/2021 4:00:56 PM PST by Hojczyk

click here to read article


Navigation: use the links below to view more comments.
first previous 1-2021-33 last
To: cableguymn
no government cheese to help other companies get off the ground.

The new round of cheese is aimed at union shops. Ford, GM and the others had access to the subsidies and the only mass market who tried besides Tesla was Nissan with its low-end Leaf.

If the subsidies are there, the companies are obliged to take them.

I'm not saying Musk is a good guy, but I am not going to go after him when he is ready to wean off the government dole.
21 posted on 12/07/2021 5:17:45 PM PST by Dr. Sivana ("There are only men and women."-- George Gilder, Sexual Suicide, 1973)
[ Post Reply | Private Reply | To 7 | View Replies]

To: Gaffer

Elon is an odd bird amongst billionaires. Sometimes he sounds like a hard leftist then other times he doesn’t. Maybe his views are simply his own and he doesn’t care what the political flavor of the day is.


22 posted on 12/07/2021 5:35:56 PM PST by packagingguy
[ Post Reply | Private Reply | To 4 | View Replies]

To: packagingguy

I don’t really care, frankly. My opinion is that no industry ought to get government subsidy (either via tax credits for consumers or directly, OR through price supports) and he certainly has benefitted from those very same policies in one way or another. He’s just ticked that this new measure only is for union built EVs....


23 posted on 12/07/2021 5:48:32 PM PST by Gaffer
[ Post Reply | Private Reply | To 22 | View Replies]

To: Hojczyk

I think he is the richest man on earth, owing to his massive stake in Tesla at $1000+ a share last I checked. He sold $8 billion or so in shares just to make a point about taxing the rich next year, so he would pay this years’ lower rate. He rich on paper, and rich in cash.

I don’t think the subsidies did much for Tesla to be honest. Sure, the car buyers took them but the people buying the $80,000+ cars don’t really make a decision on that.

Tesla makes most of its free cash selling carbon credits, which is a scam of another mother.


24 posted on 12/07/2021 6:02:39 PM PST by monkeyshine (live and let live is dead)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JoSixChip

That may be true but he likes to goof around and troll people too. I’d have to check but I bet he paid off Tesla loans from cash raises in the capital markets. Nothing wrong with that, that’s how it’s supposed to work.

I wasn’t much a fan of his cars in the first model years. Maybe they have improved since then. I give him kudos for building out his own supercharging network too. Biden wants to build 500,000 or whatever number charging stations using taxpayer money.


25 posted on 12/07/2021 6:05:45 PM PST by monkeyshine (live and let live is dead)
[ Post Reply | Private Reply | To 9 | View Replies]

To: Hojczyk

Where’s our resident union apologist on this? Don’t see him here yet.


26 posted on 12/07/2021 6:22:56 PM PST by BobL (I shop at Walmart and eat at McDonald's, I just don't tell anyone, like most here.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: JoSixChip

You own Tesla stock huh?

To deny that government subsidies didn’t help sell and thus build Tesla is nuts.

Government should not be in the business building business regardless of the outcome.


27 posted on 12/07/2021 6:40:08 PM PST by cableguymn (It will continue until we stop it.)
[ Post Reply | Private Reply | To 12 | View Replies]

To: Gaffer

He wants it all for himself


28 posted on 12/07/2021 6:40:40 PM PST by cableguymn (It will continue until we stop it.)
[ Post Reply | Private Reply | To 14 | View Replies]

To: hinckley buzzard

I like him a lot.


29 posted on 12/07/2021 7:04:35 PM PST by dynoman (Objectivity is the essence of intelligence. - Marilyn vos Savant)
[ Post Reply | Private Reply | To 5 | View Replies]

To: Hojczyk

Biden & Dems are practicing DISCRIMINATION against Non-Union autos.


30 posted on 12/08/2021 8:23:44 AM PST by ridesthemiles ( )
[ Post Reply | Private Reply | To 1 | View Replies]

To: Gaffer

MUSK PAID BACK every penny-—early—and with ALL interest.


31 posted on 12/08/2021 8:28:07 AM PST by ridesthemiles ( )
[ Post Reply | Private Reply | To 14 | View Replies]

To: ridesthemiles

So did Lee Iacocca. The point is he got it. And tax credits for buyers. Now he wants the bill not to pass because only unions benefit, i.e.., not him.


32 posted on 12/08/2021 3:54:18 PM PST by Gaffer
[ Post Reply | Private Reply | To 31 | View Replies]

To: cableguymn

Sure is easy to say when he already got his subsidies and he’s not eligible for them anymore...


33 posted on 12/12/2021 1:43:16 PM PST by Svartalfiar
[ Post Reply | Private Reply | To 7 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-33 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson