[Wuli]

I hate Warren, but on that score (about Tesla really) she is correct.

I used to call Musk a miner - he mines the public treasuries for the subsidies without which Tesla would have folded long ago.

[ridesthemiles]

Tesla car buyers get a tax credit of $7500.

All Ford/GM/Chrysler UNION made electric cars get a subsidy of $12,500.

HOW is MUSK getting an advantage???

[roadcat]

I used to call Musk a miner - he mines the public treasuries for the subsidies without which Tesla would have folded long ago.

Any taxpayer loans were a fraction of the money Musk borrowed, all of which were paid back early and with interest to the government, unlike fraudulent GM.

Most of the loans were from venture capitalists and other companies like Toyota (which sold off their shares of Tesla to gain a huge profit, shares of which were compensation against the loans of Toyota to Tesla).

[SmokingJoe]

I hate Warren, but on that score (about Tesla really) she is correct.

You again?
Pocahontas is not correct on anything. Tesla got a loan of under $500 million from the government in 2008 when the economy was collapsing, which they paid back IN FULL and with interest and early. The government made a very nice profit from it.
At the same time in 2008, the government gave a loan of a MASSIVE $50 BILLION to GM, of which they lost over $11 Billion.

U.S. government says it lost $11.2 billion on GM bailout

https://mobile-reuters-com.cdn.ampproject.org/v/s/mobile.reuters.com/article/amp/idUSBREA3T0MR20140430?amp_js_v=a6&amp_gsa=1&usqp=mq331AQKKAFQArABIIACAw%3D%3D#aoh=16485791393471&referrer=https%3A%2F%2Fwww.google.com&amp_tf=From%20%251%24s&ampshare=https%3A%2F%2Fwww.reuters.com%2Farticle%2Fus-autos-gm-treasury-idUSBREA3T0MR20140430

Go harrassed GM for not paying back tax payer dollars.

I used to call Musk a miner - he mines the public treasuries for the subsidies without which Tesla would have folded long ago.

Just how much tax payer money went into Musk's first two companies that made him rich in the first place, Zip2 and PayPal? Answer: ZERO.

[markman46]

tesla is trading at 1100 a share today, with 1 billion share outstanding and 20 million shares traded.. just what subsidies is tesla taking??? ummm