3 ms·
Yes, just imagine Tesla if there were zero government grants, the regulatory credits vanished, and they removed all incentives. Tesla would have gone bankrupt
by tenpies 6y ago
Yes, just imagine Tesla if there were zero government grants, the regulatory credits vanished, and they removed all incentives.
Tesla would have gone bankrupt like 10 years ago. I mean just last quarter Tesla barely made a "profit" and it was due to selling credits to other auto-makers and posting incredibly suspicious financials (e.g. doubling the number of factories while posting no change in their OpEx).
For someone who has built all of his companies thanks to government funding, Elon sure has been biting at the hand that feeds him.