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Should/would the government bail out Tesla were it to get into financial difficulties?
by wood_spirit 2y ago
Should/would the government bail out Tesla were it to get into financial difficulties?
- wnevets 2y agoIsn't that why Tesla exist in the first place? Tax payer dollars.
- kadoban 2y ago> Should/would the government bail out Tesla were it to get into financial difficulties? Should? No. Would? Yes.
- correlator 2y agoAs of December 31st, 2024, Tesla has around $17b in cash and cash equivalents, $122b in assets, and $49b in liabilities It doesn't seem likely the government will have to bail them out.
- wood_spirit 2y agoMusk has just appealed the rescinding of his $56B pay deal. Where would Tesla be were he to get a more favourable ruling this time?
- correlator 2y agoThe company would have more cash in the bank when he exercises those options. They also wouldn't have to pay to create a new pay package to replace the voided one. This process is surprisingly expensive to create and implement a CEO pay package. There were more reasons that shareholders voted for the package in the revote, but omitting others as I don't think they are related to financials
- throwway120385 2y agoThe government did it for GM in '08.