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Keyword: corporatewelface

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  • The government should put its cozy relationship with Musk on a long, if not permanent, hiatus.

    12/14/2018 4:39:33 AM PST · by BurgessKoch · 26 replies
    Mises Institute ^ | December 12, 2018 | Allen Brownfield
    Elon Musk and his corporate empire, much of it financed by taxpayer dollars, is very much in the news. Most of it is not good. And it may be getting worse. Tesla spends $1 million annually on Washington lobbyists. Its cars are financed by over $280 million in federal tax incentives, including a $7,500 federal tax break and millions more in state rebates and development fees. SpaceX has also received over $5 billion in government support. It has over promised and under delivered. SpaceX rockets, for example, are far less reliable than many of its competitors. This is outlined in...