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To: PreciousLiberty

Musk isn’t himself a company.
He’s just real good at talking himself into getting and spending taxpayer money.
And, guess what, were any businesses worth the effort they could do if by lining up this amazing resource called “investors” to take on the risk instead of taxpayers.
Amazing concept.


52 posted on 05/19/2018 11:22:22 AM PDT by Darksheare (Those who support liberal "Republicans" summarily support every action by same.)
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To: Darksheare
And, guess what, were any businesses worth the effort they could do if by lining up this amazing resource called “investors” to take on the risk instead of taxpayers. Amazing concept.

Are you trying to pretend that Tesla isn't publicly traded and has no investors?

TSLA Share price
06/29/2010 - $17.00 (initial offering)
02/08/2013 - $39.24 (price more than doubled in 2.5 years)
03/07/2014 - $246.21 (price sextuples in 1 year)
06/23/2017 - $383.45 (peak... price up more than 50% in 3 years, still impressive)
05/18/2018 - $276.82 (still up 1500% in under 8 years, and multiple stock splits... 1 share in 2010 is 58 shares today.)

Facts matter

59 posted on 05/19/2018 12:10:47 PM PDT by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: Darksheare
"Musk isn’t himself a company. He’s just real good at talking himself into getting and spending taxpayer money. And, guess what, were any businesses worth the effort they could do if by lining up this amazing resource called “investors” to take on the risk instead of taxpayers. Amazing concept."

Are you under the impression that Tesla isn't publicly traded? It is.

SpaceX is not so far, but is edging towards profitability. Musk has also invested large sums of his own money in the company.

The government money that Musk has secured for his various ventures has mostly been in the form of guaranteed loans, which he has largely already paid back as I understand it.

He's providing a lot of value for the investment, as opposed to Solyndra and various other boondoggles where the government wastes money.

78 posted on 05/20/2018 1:14:03 PM PDT by PreciousLiberty (Make America Greater Than Ever!)
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