Earlier quoted context omitted.
Pretty much every company relies on government subsidies of some form or another. (Cheap transportation infrastructure and a workforce partially or entirely educated via the public school system are two of the larger subsidies governments provide.) Taxpayers generally don't have a problem with that when those subsidies are a net benefit to society.
Yeah, but this is taken to the extreme. I mean, Tesla isn't currently profitable and they are relying on subsidies to just stay afloat. We're talking billions of dollars of government cash flowing into Tesla/SpaceX to keep them from going bankrupt. You can't tell me it's the same for other car companies because it's simply not true.
- GM - $3.58 Billion in subsidies
- Ford - $2.52 Billion in subsidies
- Fiat Chrysler Automobiles — $2.06 Billion in subsidies
Took 10 seconds of Googling to find that.
Plus Tesla is actually innovating on a massive scale and pulling the world into a more sustainable, quieter future. I too hate subsidies but as long as the US Governemnt is going to keep up corporate welfare it may as well be towards the actual innovators building a better future than the laggards trying their best to maintain the status quo so they can extract maximum profits.