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.
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.
Yeah, this isn't up for debate. I like Elon but he would be nowhere without the gov teat.