tired, so I’m going to just about phone this one in.
I’m starting to believe that Elon Musk is just a con man. Musk got his start in the auto industry from Obama, and the government help continued under Trump…”In January 2010, Tesla was starting out and had sold less than 2,000 cars in its history. Then the company received a $465 million low-interest loan from the Department of Energy, months before its initial public offering. With the loan, it developed its Model S car, its first major success, and paid back the loan early through proceeds from an additional sale of stock in 2013.
As Tesla started to sell cars, a $7,500 tax credit for EV buyers allowed the company and other automakers to sell American-made EVs at a higher price than the market might have allowed otherwise.
Tesla buyers received federal tax credits worth an estimated $3.4 billion before the perk disappeared entirely for Tesla buyers at the end of 2019. Even if that only allowed Tesla to raise prices by half that amount, that’s another $1.7 billion in federal help when the company was facing a cash crunch.”
Here’s the hidden part that you never hear about..”Tesla’s most significant financial support is not from tax credits for EV buyers. It comes from the sale of regulatory credits that other automakers buy to comply with state and federal regulations aimed at reducing greenhouse gases.
The money doesn’t come from taxpayers. But without the government regulation, there would be no billions flowing into Tesla’s coffers, and straight to its billion lines.” It’s the “muh climate change” hoax and scam that Tesla has been laughing all the way to the bank with.
Now that Trump is going back to the White House, Musk is all him with this push for H1B1 immigrants to replace higher paid American workers with lower salaried indentured servants from India. It’s only bolstered by the presence of Vivek Ganapathy Ramaswamy who claims to be a conservative, but appears to actually be a wolf in sheep’s clothing. Personally I’ve never liked the guy. He looks like he’s full of it to me.
Vivek Ramasmarmy
The more these two talk, the less appealing they are becoming to the people who voted to Make America Great Again. Replacing American citizens with immigrants isn’t making anything great, other than the bank accounts of weasel con men like these two appear to be.
To sum up. Elon Musk made his fortune on the electric car industry by exploiting the climate change hoax and scam. Whether he believes it or not, that’s how he got all the money. He also wants to bring in thousands of Indians to replace American workers. He has declared that he is prepared to go to war over this. Let’s not start in on Trump who has problematic ideologies that turn MAGA into MIGA.
It’s going to be a rocky 2025.
Happy Friday
Video from yesterdays band rehearsal. You know you want to see it.