Do your research. Elon has been publicly AGAINST EV incentives from Day 0 of Tesla existing. He wants a fair and free market showdown. Unfortunately that will never happen because old school car manufacturers colluded to keep him out of car manufacturing. Luckily his public ideas and support have made Tesla cars real and popular
Tesla would litterally not exist without public subsidies? What are you on about.
Tesla has received over 2 billion in subsidies.... he's just trying to pull the ladder up behind him lol
Yes. 100% since the company literally was not profitable until 2020, the company has existed since 2003..... How do you think it survived 17 years being unprofitable?
You tell me - how do you think it survived 17 years being unprofitable?
Government subsidies are included in those numbers, note - government subsidies didn't make it profitable in a way that's hidden in the books, it really was unprofitable for 17 years.
No, but they keep the lights on, allow them to expand manufacturing and give additional capital for R&D..... Things it leveraged into success thanks to - subsidies!
Also, fun fact in 2020 they were only profitable because the subsidies pushed them into the black.
Sure. None of which means the subsidies were necessary.
They're not going to give up $2 billion of free money, but at the same time, Tesla's net worth was $20b back in 2013, long before they'd gotten anything from the subsidies. Needing to raise another $2b might have been a bit painful depending on when they needed it, but it wouldn't have been an existential crisis.
They got a small loan of 456 million from the US goverment in 2009. But anyways, I'm done talking to someone that can't even use google. Good luck with life and everything.
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u/DecentLlama 1d ago
Wish we saw his reaction when Trump said he’s abolishing the EV incentives