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> How can you still write nonsense like this: "Musk used massive government subsidies to produce a small number of luxury electric cars for wealthy people"? T
by eganist 5y ago
> How can you still write nonsense like this: "Musk used massive government subsidies to produce a small number of luxury electric cars for wealthy people"?
Technically still correct even if the intent was to use the wider margins to enable growth. But more to the parent comment's point, Musk used tax credits intended to incentivize EV purchases by everyday users to inflate the prices for his cars in order to extract more value from buyers/governments.
Proven true by the fact that he had to cut pre-rebate prices after Tesla cleared the sales thresholds for the tax rebates.