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>Tesla was part of that program and without that loan they would not be around today. I like Tesla, but it's still not entirely clear Tesla is a viable ongoing
by gozur88 11y ago
>Tesla was part of that program and without that loan they would not be around today.
I like Tesla, but it's still not entirely clear Tesla is a viable ongoing enterprise. If Tesla can't make money with the Model 3 it's unlikely to survive in the long term.
- mikeyouse 11y agoIn the mean time they fully paid back their DOE loans, have paid billions in salaries / benefits, spent billions at suppliers, built considerable useful infrastructure, and accelerated the progress of electric vehicles by some amount of time. I'd say it's a net win from the taxpayer perspective.
- chc 11y agoCouldn't you say this about any company? Anybody is unlikely to survive in the long term if they can't make money with their products. But from everything I've read, Tesla has made money with their vehicles so far, so I don't see why you'd worry about the Model 3.