Monday morning bonus!
Imagine all those combustion engine hating lefties, that bought Musk's cars because they're 'progressive'.
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Feel free to reply to any comment by clicking the "Reply" button.Do these people have any idea at all how electric cars are built using fossil fuels to build and power them?
angelo
Level 8
May 18, 2020
2
No, virtue signalers don't need to know anything other than how much kudos they can trawl!
Howdy @angelo,
Elon Musk's businesses all live off the government. Tesla depends on tax credits to every buyer of electric cars. California offers state tax credits as well. Solar City depends on tax credits and PUC regulations forcing power companies to purchase electricity trickling in from roof top installations. SpaceX gets development money from the US government and then sells launch services to the goverent (as well as other governments and anybody else with the cash). StarLink, with a projected satellite constellation of tens of thousands, could only have been approved if somebody in the US government was enthusiastically pushing for it.
This is not the first time this has happened. JP Morgan built US Steel into a near monopoly but never had antitrust problems. He made sure US Steel was very solicitous of the US Navy.
This does not mean I admire Elon Musk any less. He is relentlessly innovative and he is remaking several industries in his own image. But we have to recognize he has identified federal and state governments as the source of cheap capital and his best customers.
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