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>A lot of what Musk is doing now is deeply dependent on government support. That's in the nature of car manufacturing. If one government starts subsidizing a h
by crdoconnor 11y ago
>A lot of what Musk is doing now is deeply dependent on government support.
That's in the nature of car manufacturing. If one government starts subsidizing a high capex industry, others have to follow suit or throw up trade barriers or their industries will drop off a cliff.
This has been going on since at least the 50s when Japan threw monumental sums of cash at its (at the time), pathetic and failing car industry.
Aerospace is similar. Best of luck trying to create a competitor to Boeing or Airbus unless you have the backing of the Chinese state. No amount of magic pixie startup fairy dust is going to get you there.