wiyosaya
Posts: 11,586 +12,681
fElon may be the emperor of Mars, but right now he's Tesla's bane.
Tesla to give Elon Musk $29 billion in stock to keep him as CEO
- Thread starter midian182
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wiyosaya
Posts: 11,586 +12,681
wiyosaya
Posts: 11,586 +12,681
Which proves fElon is a Narcissistic idi0t.
Love the ad-hominem. The fact you have to resort to that and repeat your incorrect statement over and over when I have already proved 38 billion in tax dollars, federal money, has gone to Tesla shows you seem to be trolling.
Federal funding/subsidies and any benefit shouldnt be going to any company that can afford to pay their CEO this large amount of money. Our tax dollars should not be used to prop up failed car companies and pet projects of billionaires. They should be spent on health care, infrastructure, veteran benefits. Not buying someone their fifth yacht.
You are just responding, not reading. Instead of responding to be "right" try reading for once. Its a novel concept and works great.
The most basic rudimentary kindergarten effort in looking into this shows what I am saying is correct and you are just hogwash as usual. Ive cited the source.
Lets try fox as I know brain rot only reads fox.
How much have Musk's Tesla and SpaceX benefited from government funds?
Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.
www.foxbusiness.com
"
Much of the government funding Tesla has received is tied to EV credits and energy infrastructure, while SpaceX has emerged as a crucial contractor for NASA and the Space Force, with its Dragon spacecraft ferrying astronauts and cargo to the International Space Station as well as developing a moon lander.
An analysis by The Washington Post found that Musk and his firms have received $38 billion in the form of government contracts, loans, subsidies and tax credits over more than two decades that helped propel their growth.
The Post found that almost two-thirds of the $38 billion in funds were allocated to Musk's companies within the last five years. It added that in 2024, federal and local governments provided at least $6.3 billion to Musk's companies, the highest amount to date."
Notice the 6.3 billion in 2024 it added, Yes, DOGE can cut it. Yes, 38 billion did go to Tesla.
This directly contradicts you which makes you sound like a bot with zero reading comprehension.
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Plutoisaplanet
Posts: 1,909 +2,572
Read your own damn quotes:
“Musk and his firms have received $38 billion” is not the same as “38 billion in tax dollars of federal money has gone to Tesla”. How you don’t understand this is beyond me. You don’t even look into where that money came from and went to. I did, and you only like a juicy $38B number regardless of what it means.
Why don’t you show us an example of money that was paid by the federal government to Tesla?
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bclaymiles
Posts: 462 +406
Tesla hasn't paid Musk a penny in this recent stock grant. It's a heavily restricted stock option, worth absolutely nothing at this time. The stock vest over five years, he can't sell any of it until after then. If Tesla stock value drops to $1 in five years, his total 'pay' would be $96 million before taxes, not the 29 billion everybody claims he's being 'paid'.
Tesla isn't a failed car company by any metric. The federal tax dollars (that have gone to SpaceX primarily) are contracts that are saving taxpayers the hundreds of billions it would have cost if NASA were doing it.
You (and the articles) conflate:
* Loans, contracts, subsidies, tax credits
* By federal, state, and local governments
* Across (primarily) Tesla and SpaceX
To equal "$38 billion in Federal dollars to Musk/Tesla". That's objectively false. The articles purposely blur both the sources and destinations of those dollars, not all of which are federal.
The vast majority of the Federal dollars has been contracts with SpaceX, which again are saving taxpayers money compared to NASA doing it.
Lets try fox as I know brain rot only reads fox.
How much have Musk's Tesla and SpaceX benefited from government funds?
Elon Musk's public feud with President Donald Trump over the GOP tax package's deficit impact put the federal funding that Tesla and SpaceX have received in the spotlight.
"
Much of the government funding Tesla has received is tied to EV credits and energy infrastructure, while SpaceX has emerged as a crucial contractor for NASA and the Space Force, with its Dragon spacecraft ferrying astronauts and cargo to the International Space Station as well as developing a moon lander.
An analysis by The Washington Post found that Musk and his firms have received $38 billion in the form of government contracts, loans, subsidies and tax credits over more than two decades that helped propel their growth.
The Post found that almost two-thirds of the $38 billion in funds were allocated to Musk's companies within the last five years. It added that in 2024, federal and local governments provided at least $6.3 billion to Musk's companies, the highest amount to date."
Your own sources make it crystal clear that this is the AGGREGATE, across multiple companies, across multiple years, across loans, contracts, consumer incentives and subsidies, and across federal, state, and local governments. They intentionally blur all of these lines in order to get to the largest number they can get people to believe is "The government GAVE $38 billion to Musk!!"
DOGE can only cut federal contracts. They aren't going to cut the SpaceX contracts because they're saving billions of tax dollars. No, 38 billion literally did NOT go to Tesla. Tesla is Tesla. SpaceX isn't Tesla. Musk isn't Tesla. Loans are different from grants. Contracts are different from grants. Subsidies - the ones the articles mention - are in the form of tax credits to PURCHASERS of Teslas, all approved under both democrat and republican administrations, to encourage purchasing electric cars. Before Tesla, there were ZERO usable electric cars. None. They were a joke.
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