7 ms·
Here is a good breakdown of that $4.9bn number https://electrek.co/2015/06/02/complete-breakdown-of-the-4-9-billion-in-government-support-the-la-times-claims-el
by koreyb 9y ago
Here is a good breakdown of that $4.9bn number https://electrek.co/2015/06/02/complete-breakdown-of-the-4-9-billion-in-government-support-the-la-times-claims-elon-musks-companies-are-receiving/ https://electrek.co/2015/06/02/complete-breakdown-of-the-4-9... Incentives for creating jobs & tax credits.
Not bad compared to the $12 billion cost for the GM bailout and $4 billion+/yr for oil & gas subsidies.
- nojvek 9y agoIf you look at money invested, govt should have let GM go under the bus. Bailouts aren't a great long term fix. They just encourage shitty management