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(TNS) — Los Angeles entrepreneur Elon Musk has built a multibillion-dollar fortune running companies that make. subsidies from Texas to construct a launch facility there. (Separate from incentives.
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Musk’s Tesla has an EROI (ROI) that would make oil shale and tar sands look like Texas in the 1930s and Ghawar in the 1980s. According to my understanding of physics, those two things do not go well together.. Tesla is possible ONLY because of free money grants and not Musk’s genius.
Ever since the LA Times published an article last year titled ‘Elon Musk’s growing empire is fueled by government subsidies’ claiming that his companies received $4.9 billion in government.
Well the Los Angeles entrepreneur built Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, and what came was an estimated $4.9 billion in government subsidies, according to data compiled by The Los Angeles Times.
· Wall Street ends higher, dollar down after Fed minutes. NASA astronaut warns Elon Musk’s rocket travel plan is ‘not for the faint of heart’ and.
Space X and Tesla founder Elon Musk has called on students and citizens to lobby their government to introduce a carbon price’ to help. from subsidies too. Over the years SolarCity, Tesla Motors.
Federal welfare parasite Elon Musk’s growing empire is fueled by $4.9 billion in government subsidies. And he’s built those companies with the help of billions in government subsidies. Tesla Motors Inc., SolarCity Corp. and Space exploration technologies. .5 billion in government.
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It’s pretty common nowadays to hear the claim that the only reason that Tesla, or SpaceX, or any of Elon Musk’s other ventures exists is because of government subsidies. I’ve myself heard the.