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They've got $10 billion in debt, and have benefited from about $6 billion in various subsidies, incentives and tax breaks. It works out to about $40k per car sh
by Fricken 8y ago
They've got $10 billion in debt, and have benefited from about $6 billion in various subsidies, incentives and tax breaks. It works out to about $40k per car shipped.
I think of Tesla not so much as a business than as a charitable religious nonprofit that relies on donations to assist the disadvantaged in acquiring luxury automobiles. Never underestimate the power of belief.
- mlindner 8y agoJust to correct you here, most of that $6 Billion is tax relief on future taxes. You can't account those yet.