2 ms·
In general, a responsible CEO should utilize any legally defensible opportunities to operate the company profitably. By subsidizing Tesla, the Federal Governme
by 11thEarlOfMar 11y ago
In general, a responsible CEO should utilize any legally defensible opportunities to operate the company profitably.
By subsidizing Tesla, the Federal Government is effectively investing in it. Tesla then utilizes tax concessions from Nevada to reduce the cost of building and operating the gigafactory. So in a sense, Tesla is spending the money invested by the Federal Government wisely.
If voters are not happy about the subsidy strategies of the government in general, they should be aiming their ire at their political representatives, not the companies that benefit from the subsidies.