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Diverted through what means? Are they somehow subsidizing his ventures apart from the electric vehicle subsidy?
by methodin 9y ago
Diverted through what means? Are they somehow subsidizing his ventures apart from the electric vehicle subsidy?
- ethn 9y agoThrough avoiding externality payment due to the cost of "the tragedy of the commons" to the tax payer, as well as the massive subsidies to SolarCity, Tesla, and Space X. It is suspect to believe Hyperloop won't be massively subsidized as well, given his track record.
- angstrom 9y agoA subsidy, a tax cut, and an MLP walk into a bar. Each pays $5 for a draft beer. Each saved $1. The only difference is when they receive that $1. The punchline is thinking they're different.
- erikpukinskis 9y agoTesla doesn't benefit financially from the tax credits, they mostly benefit other automakers. SpaceX doesn't have subsidies, it has contracts. Elon Musk isn't any more reliant on subsidies than anyone else. How do you feel about the Koch brothers? They receive far more government assistance than Musk. Look anywhere else in the energy industry and you'll find more government assistance than what Elon receives.