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  • OhNoMoreLemmy@lemmy.ml
    ·
    edit-2
    5 hours ago

    This is missing at least 9bn of Tesla subsidies. https://www.reuters.com/world/us/musk-embraces-trump-scorns-subsidies-tesla-still-lobbies-us-benefits-2024-08-12/

    Tesla's first major manufacturing facility, in Fremont, California, was developed with the help of a $465 million loan from the U.S. Department of Energy, repaid three years later. More recently, Tesla has reaped almost $9 billion since 2018 by selling what are known as "regulatory credits" securities filings show.

    The boring company also depend on us government contracts.