Elon has built these companies on the razors edge of bankruptcy fighting tooth and nail to keep them alive while Governments tried to destroy him to protect the established industry giants. Like California banning Tesla from selling his cars there.
So I highly doubt he's big on Government involvement in the free market.
Like what? I'm aware of Government contacts but that saves the tax payer money, Space X is cheaper than NASA,
"green energy" grants that aren't specific to Musk and at least he produces the results unlike all the other companies than don't and are practically schemes.
And corporate tax allow him to re-invest into his company pre-taxed, that every company can do.
But I'm not aware of anything I'd consider a bailout. If anything tax payers get what they pay for or at least get a lot of tax revenue off of Musk. Business owners like him generate 80-90% of our taxes, while most of us are at a tax deficit.
You don’t don’t get to apply any specific efficiencies just to Musk and use them to justify corporate welfare.
Plenty of non-funded companies provide efficiencies to government.
Especially when it comes to government funding there’s no way to say that any of these decisions were correct.
Typically these government funding decisions are surprisingly inefficient.
Musk is no exception.
For instance there’s a 750 million dollar Solar City factory created for him in New York which was determined was built at 2x the cost of what it should have required.
You can sell a house you don't own, just got to get it under contract and find a new buyer... called a double close and investors do it all the time to screw struggling homeowners...
Shorting stocks isn't a scam. It's a risk play investment. The risk is because you have to eventually buy the stock you sold. If the price went up, then you lose.
It's a scam. It's gambling with someone else's stock with the intent of lowering it's value and that's just at the individual level. Done in mass with mutual funds and it's beyond just a scam. It's predatory, mass theft, and a threat to the nations economic stability.
It's a different set of rules for the globalist elite, whenever they lose they start the defamation on media and the freezing of accounts, if that doesn't work they end up bribing politicians to cover their losses with OUR money and that of our children's futures. They don't play in a system that has fairness or justice, they intend to never lose.
He is big business. You really think Tesla company could lose so much money for so long and still be around without Feds secretly giving him cash?
Elon has built these companies on the razors edge of bankruptcy fighting tooth and nail to keep them alive while Governments tried to destroy him to protect the established industry giants. Like California banning Tesla from selling his cars there.
So I highly doubt he's big on Government involvement in the free market.
If you can respectfully interject I HAVE to do the same on this one.
Elon Musk is one of the greatest beneficiaries of corporate welfare in the world.
This isn’t some secret behind the scenes funding.
It’s documented fact.
I think he is up to 7.5 billion.
Like what? I'm aware of Government contacts but that saves the tax payer money, Space X is cheaper than NASA,
"green energy" grants that aren't specific to Musk and at least he produces the results unlike all the other companies than don't and are practically schemes.
And corporate tax allow him to re-invest into his company pre-taxed, that every company can do.
But I'm not aware of anything I'd consider a bailout. If anything tax payers get what they pay for or at least get a lot of tax revenue off of Musk. Business owners like him generate 80-90% of our taxes, while most of us are at a tax deficit.
You don’t don’t get to apply any specific efficiencies just to Musk and use them to justify corporate welfare.
Plenty of non-funded companies provide efficiencies to government.
Especially when it comes to government funding there’s no way to say that any of these decisions were correct.
Typically these government funding decisions are surprisingly inefficient.
Musk is no exception.
For instance there’s a 750 million dollar Solar City factory created for him in New York which was determined was built at 2x the cost of what it should have required.
That’s just literal wasted money.
Yeah, this isn't up for debate. I like Elon but he would be nowhere without the gov teat.
@OP is sticking words in Elon's mouth. His twitter post says no such thing.
"Elon Musk says that shorting stocks is a scam." That's all OP attributed to Elon.
fake news
He also said if GSM goes to $1000, he'll brand one of his rockets with the logo and send it. Make it so, #1.
You can sell a house you don't own, just got to get it under contract and find a new buyer... called a double close and investors do it all the time to screw struggling homeowners...
Musk is pro free speech, all balls & work ethic, anti lockdown and very skeptical of gov.
Ask elon about solarcity and where he got the money for it.
Shorting stocks isn't a scam. It's a risk play investment. The risk is because you have to eventually buy the stock you sold. If the price went up, then you lose.
It's only risky for outsiders. But for the elites? Usually a sure bet, they profit off of bankrupting businesses.
It's a scam. It's gambling with someone else's stock with the intent of lowering it's value and that's just at the individual level. Done in mass with mutual funds and it's beyond just a scam. It's predatory, mass theft, and a threat to the nations economic stability.
It's a different set of rules for the globalist elite, whenever they lose they start the defamation on media and the freezing of accounts, if that doesn't work they end up bribing politicians to cover their losses with OUR money and that of our children's futures. They don't play in a system that has fairness or justice, they intend to never lose.