Several threads in the comments about Tesla's loan. To put that in proper context .. Chrysler Bailout of 1979, $1.5 billion In 2008, $17.4 billion bailout to

Several threads in the comments about Tesla's loan. To put that in proper context .. Chrysler Bailout of 1979, $1.5 billion In 2008, $17.4 billion bailout to General Motors and Chrysler In 2009, $3 billion, cash for clunkers Ford's loan: $5.9 Billion, September 2009, Loan fully repaid in June 2022. (~13 years) https://www.energy.gov/lpo/ford https://www.energy.gov/lpo/ford Nissan loan: $1.45 billion, Jan 2010, repaid Sep 2017 https://www.energy.gov/lpo/nissan https://www.energy.gov/lpo/nissan Total net to date: -12.4B (https://projects.propublica.org/bailout/list/category/Auto%20Company https://projects.propublica.org/bailout/list/category/Auto%2...), losses from ICE manufacturers. Tesla's loan: $465 million, January 2010, Loan fully repaid in May 2013 (~3.5 years) https://www.energy.gov/lpo/tesla https://www.energy.gov/lpo/tesla There are quite possibly a lot more if we dig up the ~100 years of ICE manufacturing history. Also, don't forget the $7 trillion subsidies just in 2022 for fossil fuels: https://www.bloomberg.com/opinion/articles/2023-10-16/climate-change-why-are-governments-still-subsidizing-fossil-fuels?embedded-checkout=true https://www.bloomberg.com/opinion/articles/2023-10-16/climat... And ethanol subsidies! The federal government pays oil companies about $6 billion a year to blend ethanol into your gasoline; it's been subsidizing ethanol for 33 years now: https://www.npr.org/2011/07/21/138543233/ethanol-industry-torn-over-losing-subsidy-billions https://www.npr.org/2011/07/21/138543233/ethanol-industry-to... And billions of dollars to oil companies for carbon capture. https://www.freep.com/story/money/cars/ford/2020/07/29/ford-government-loan-department-energy-debt/5526413002/ https://www.freep.com/story/money/cars/ford/2020/07/29/ford-... https://www.politico.com/story/2018/12/19/bush-bails-out-us-automakers-dec-19-2008-1066932 https://www.politico.com/story/2018/12/19/bush-bails-out-us-... Final tally: Taxpayers auto bailout loss $9.3B https://www.usatoday.com/story/money/cars/2014/12/30/auto-bailout-tarp-gm-chrysler/21061251/ https://www.usatoday.com/story/money/cars/2014/12/30/auto-ba...