Elon has received billions from the US government across his companies. It'd be a slap in the face to the entire US population for Tesla to have a 100% proprietary charging network when we helped get the company going.
You mean the $451.8M Department of Energy loan they used to buy the old NUMMI Toyata plant? Yeah.... They paid that off nine years early with interest. Try again.
I'm pretty sure that Tesla managed to get at least 400,000 cars sold in the US before fully phasing out of the tax credit. That's between 1.5 billion and 2.5 billion, depending upon how you estimate it.
EDIT: Also, this amounts to fewer than 50,000 cars in revenue. Sales restrictions in various states have probably cost them more in sales than they gained in tax benefits.
Did he? What kind of government money did Tesla get? I am not aware of any specific money paid to Tesla, only general benefits for electric cars, which were paid to the buyers, not Tesla. Not like GM, which got billions in a government-bailout, which they used to build their charging network /s.
xedeon|6 years ago
https://www.tesla.com/blog/tesla-repays-department-energy-lo...
Meanwhile, why don't we talk about the GM bailout money?
If you can cite a source for the "billions" you mentioned, that would be great to read, since I must've missed that one.
_ea1k|6 years ago
EDIT: Also, this amounts to fewer than 50,000 cars in revenue. Sales restrictions in various states have probably cost them more in sales than they gained in tax benefits.
unknown|6 years ago
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WBrad|6 years ago
$4.9 Billion in subsidies as of 2015 across 3 companies
https://www.latimes.com/business/la-fi-hy-musk-subsidies-201...
We can talk about Gm if you want but I don't see how its relevant to my original point. Are there gas stations where only GM cars can fill up?
_ph_|6 years ago