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How is Tesla funded and backed by the US government?
by cinntaile 5y ago
How is Tesla funded and backed by the US government?
- kmos17 5y agoI think they from the federal credits offered on electric car purchases, not exactly government funded but without them tesla would have most likely failed.
- cinntaile 5y agoYeah that seems awfully broad, that would mean every western country in the world is funding them.
- JamisonM 5y agoI believe the reference here is to the same loan guarantee that became famous when Solyndra went bankrupt. It secured Tesla's early days, without it the company most certainly wouldn't exist.