jeudi 20 août 2020

Tesla stock$2,000

It's just good old fashioned, libertarian, bootstrapping capitalism according to the financial guru's around here.

I'd call it socialism for the rich but then I'd be shouted down as "just a lazy commie, that want's something for nothing."

It's amazing what the capitalists can achieve when they know that the government (that they supposedly hate so much) will always ride to their rescue. And when they know that they can count on the working class to come to their defense when people like me try and point out what's really going on.

Not picking on Musk, he's just one of many 1%ers that say one thing, then do something totally different and are protected by media and gullible groupies.

https://www.businessinsider.com/tesl...iticism-2020-7

"Earlier in July, Tesla reported a surprise profit for the second-quarter, solidifying its longest streak of profitability in company history. That success was made possible largely through sales of regulatory credits to other automakers and temporary worker furloughs and pay cuts, Tesla said."

"Tesla and SpaceX, also controlled by Musk, have received nearly $5 billion in government aid over the years, the Los Angeles Times found. The company also relies heavily on tax credits as a sales incentive for buyers."

https://techcrunch.com/2009/06/23/th...OxC3tbUYgFS7-j

"the U.S. Secretary of Energy will be giving details about the first loans to come out of the government’s $25 billion program to help auto manufacturers. Ford got a $5.9 billion loan, but Tesla Motors, Silicon Valley’s electric car manufacturer, is receiving $465 million from the program."

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Tesla stock$2,000

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