Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

subsidytracker.goodjobsfirst.org

Post reply on HN
Print view View original

11–20 of 82 posts

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#11

Post by refulgentis »

mgiannopoulos wrote: post #4
TapWaterBandit wrote: post #2

This is the more interesting page of that website imo. https://subsidytracker.goodjobsfirst.org/megadeals Shows the companies that receive subsidies and how much. I will note that Tesla isn't close to being the largest recipient of subsidies but recieves by far the most outrage.

Somehow Boeing getting billions is not sexy enough to discuss on the internet, unless we can fit in “Musk” in the headline in some way.

I don't think it's the case that discussing X means people are afraid to discuss Y. No cover up, bias, or suspicion needed to explain why that's not mentioned explicitly every time other companies are subsidized. :)

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#12

Post by mrtksn »

bko wrote: post #10
mrtksn wrote: post #8

Earlier quoted context omitted.

I guess the point is listing the public loans and grants awarded to a businessman who happens to be trying to influence the government? Can be useful in many ways, for example can be a talking point about the wonders of having a federal government. Can be useful for having a context when a businessmen campaigns against taxes and subsidies. Can be used against certain businessmen claiming they did everything by themse…

A business man, trying to influence government?? You don't say. In all seriousness, the argument that one benefits from the current system but advocates for a different system is not acceptable is just wrong. We can't all be living in a cabin in the woods. We're allowed to have opinions

That's not the argument though. The argument could be something like "let's have a government that can interfere when necessary".

Useful when businessmen start pretending that things are happening in a vacuum and the environment they operate exists spontaneously.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#13

Post by ulrashida »

TapWaterBandit wrote: post #2

This is the more interesting page of that website imo. https://subsidytracker.goodjobsfirst.org/megadeals Shows the companies that receive subsidies and how much. I will note that Tesla isn't close to being the largest recipient of subsidies but recieves by far the most outrage.

This may be due to most of the company CEO's receiving these subsidies don't make a regular point of speaking out against government subsidies. It's not necessarily the subsidy that attracts criticism, it's the hypocrisy.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#14

Post by dartos »

mgiannopoulos wrote: post #4
TapWaterBandit wrote: post #2

This is the more interesting page of that website imo. https://subsidytracker.goodjobsfirst.org/megadeals Shows the companies that receive subsidies and how much. I will note that Tesla isn't close to being the largest recipient of subsidies but recieves by far the most outrage.

Somehow Boeing getting billions is not sexy enough to discuss on the internet, unless we can fit in “Musk” in the headline in some way.

I mean we need safe reliable planes more than we need teslas cars.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#16

Post by horns4lyfe »

ulrashida wrote: post #13
TapWaterBandit wrote: post #2

This is the more interesting page of that website imo. https://subsidytracker.goodjobsfirst.org/megadeals Shows the companies that receive subsidies and how much. I will note that Tesla isn't close to being the largest recipient of subsidies but recieves by far the most outrage.

This may be due to most of the company CEO's receiving these subsidies don't make a regular point of speaking out against government subsidies. It's not necessarily the subsidy that attracts criticism, it's the hypocrisy.

When has a Musk? Do you have an example?

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#17

Post by light_hue_1 »

mgiannopoulos wrote: post #3

What’s the point of the page if the information is incomplete ? For example the number about the 466 million federal loan I believe does not include the fact that it was paid back with interest (so taxpayers made money on that).

How is the information incomplete? The 466 million loan is not counted as a subsidy. And they say right there on the page that there may have been repayments.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#18

Post by mrtksn »

thelastgallon wrote: post #15

To put this in context, fossil fuel subsidies, just from 2015 - 2022: $42 trillion Global Fossil Fuel Subsidies Reached $7 Trillion in 2022: https://e360.yale.edu/digest/fossil-fuel-subsidies-2022

This number appears to include the implicit subsidies too. The explicit subsidies seem to average at about 1/5th of the implicit ones. Implicit subsidies appear to be stuff like not putting a charge on the cost for external impacts, i.e. impact to health.

The implicit subsidies to electric car companies could similar or even greater, as it appears that most of the microplastics come from car tires, as discussed recently[0]. The impact of electric cars could be quite big because they are significantly heavier and large part of the emissions attributable to a car come at the manufacturing stage anyway.

It’s also the whole global economy, so kind of hard to compare with Tesla Inc subsidies.

[0] https://news.ycombinator.com/item?id=37726539

Not defending the fossil subsidies, just a poor comparison.

Sorry for breaking this narrative though, apparently it's very unpopular thing to do.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#19

Post by pazimzadeh »

chaosbolt wrote: post #6

Also: Boeing 15 billion dollars, amazon 11b, intel 8b, ford 7.7b, foxconn 4.8b, etc. This organised propaganda against Tesla needs to stop, sure Musk is an a*hole, is he an evil a*hole like some othe CEOs? I don't know... Electric cars are still something beneficial to the sustainability of the car industry and the environment. And Ford still got more money... Foxconn uses slaves to make a luxury device that's market…

The CEO’s of those companies you mentioned don’t rail against federal government spending.

Re: Subsidies Awarded to Tesla Inc: at least $2,829,855,494 and Counting

#20

Post by ohthatsnotright »

mgiannopoulos wrote: post #4
TapWaterBandit wrote: post #2

This is the more interesting page of that website imo. https://subsidytracker.goodjobsfirst.org/megadeals Shows the companies that receive subsidies and how much. I will note that Tesla isn't close to being the largest recipient of subsidies but recieves by far the most outrage.

Somehow Boeing getting billions is not sexy enough to discuss on the internet, unless we can fit in “Musk” in the headline in some way.

Boeing hasn't repeatedly shat on subsidies and said they're self-made while pocketing massive government benefits.
Post reply on HN