this post was submitted on 28 Jul 2024
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Enough Musk Spam

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Watch how Tesla goes bankrupt because of one CEO's idiocy and greed and then blame unions for it. Tale as old as time.

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[–] Anticorp@lemmy.world 56 points 3 months ago (2 children)

Tesla and Musk owe sooooo much of their success to huge federal and state level EV tax bonuses and rebates. The government essentially subsidized his company for decades. He decided to dump all that money into an ego boost instead of R&D, and let other manufacturers catch and even surpass Tesla in technology and features. He's done. Tesla is done.

[–] guacupado@lemmy.world 0 points 3 months ago

Several American car companies owe their existence to the government.