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Do subsidized projects such as Tesla earn any returns for the government?
by roymurdock 12y ago
Do subsidized projects such as Tesla earn any returns for the government?
- reagan83 12y agoYes, but with low margins. The $465m DOE loan extended to Tesla was repaid, almost a decade before the maturity date, with an effective interest rate of 2.6% (approx $12m).
- philwelch 12y agoPresumably, there is also the public good of having more electric vehicles, which was the rationale for such subsidies in the first place.