Source: Tesla Motors
quote: Reclaimer's argument is that Tesla exists due to government funding. That's not entirely true, and I pointed this out in my post.
quote: No one said Tesla is financially healthy TODAY.
quote: Reclaimer's argument is that Tesla exists due to government funding.
quote: They're conservative groups, and Heartland in particular is critical of government spending, so I wouldn't expect objective analysis from either.
quote: It DID pay back the loan, because it COULD, and this was accounted for in its loan terms.
quote: People ARE saying that...
quote: Tesla is the company it is today because of the Government loan. The massive tax subsidies, and of course the California carbon credit scam designed to prop them up at the cost of other automakers.Now I'm not saying Tesla wouldn't be around today without those things, but it's hard argue they've been essentially crutched by the American taxpayer every step of the way.
quote: They borrowed from Peter to pay Paul, as the saying goes. Musk's bookkeeping is borderline criminal. His non-GAAP numbers nonsense. Tesla is a bubble waiting to burst.