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What would have happened to Tesla without the loan? You don't think the DOE loan department had no idea of their finances? A bailout by another name is called?
by mempko 1y ago
What would have happened to Tesla without the loan? You don't think the DOE loan department had no idea of their finances? A bailout by another name is called?
- vel0city 1y agoIf a bakery goes to a bank and gets a loan to fix their ovens is that a bailout? Things like TARP bailouts and the auto industry bailout were weird one-off programs with very narrow beneficiaries that nobody else really had access to. This loan program in question is a normal, long standing program that anyone can apply for and has funded a lot of different things. Do you not see a difference between these?