Funds from new investors? Aka, ponzi scheme.
Funds from new investors? Aka, ponzi scheme.Government subsidies are a (legal) Ponzi/Madoff scheme.
Government subsidies helped propel Elon Musk to richest man in the world status.
Tax payers that maybe can't afford or don't want a EV are forced to contribute, through their taxes, to the wealth of the owner with no return on their "investment".
There is no end to the amount of money "invested"...No one gets a return on their investment...Except the owner.