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2021-11-26
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Tesla Forgoes $1.3 Billion German Aid to Counter Critics
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Musk tweeted Friday that the decision was consistent with Tesla’s long-held belief.</p>\n<p>“It has always been Tesla’s view that all subsidies should be eliminated, but that must include the massive subsidies for oil & gas,” the chief executive officer wrote. “For some reason, governments don’t want to do that …”</p>\n<p>Musk, who also runs rocket maker Space Exploration Technologies Corp., has bristled for years at detractors faulting him for taking advantage of government support. Examples of this include the U.S. loan that helped Tesla get the Model S sedan into production, which the company paid back early. SpaceX is a major contractor for the National Aeronautics and Space Administration and U.S. Defense Department.</p>\n<p>After his initial post, Musk revisited a 3 1/2-year-old exchange with another Twitter user who criticized Tesla and SpaceX’s use of subsidies.</p>\n<p>“Combined Tesla+SpaceX market cap is now over $1.2T,” wrote Musk, who then took issue again with a figure mentioned in a May 2018 Twitter thread. Tesla shares fell as much as 3% shortly after the start of regular trading.</p>\n<p>Tesla has almost completed construction of an EV factory in the small town of Gruenheide, southeast of the German capital, and also plans to manufacture battery cells at the site.</p>\n<p>While Musk wants to start assembling Tesla Model Ys in Gruenheide before the end of the year, local authorities still haven’t granted final approval for the project.</p>\n<p>Germany’s Economy Ministry, which had already approved the aid as part of the European Union’s IPCEI battery-innovation program, estimates that Tesla is investing around 5 billion euros in Gruenheide. Der Tagesspiegel newspaper reported Tesla’s decision earlier on Friday.</p>\n<p>Musk, 50, is the world’s richest person with a $304.4 billion fortune, according to the Bloomberg Billionaires Index. He’s added $134.7 billion to his net worth this year, more than double the next-biggest gain in the index.</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Forgoes $1.3 Billion German Aid to Counter Critics</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Forgoes $1.3 Billion German Aid to Counter Critics\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-26 23:00 GMT+8 <a href=https://finance.yahoo.com/news/tesla-forgoes-1-3-billion-145029118.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. will take a pass on 1.14 billion euros ($1.3 billion) of state aid for the factory it’s building in Germany, as Elon Musk counters critics of his companies’ reliance on government funding.\n...</p>\n\n<a href=\"https://finance.yahoo.com/news/tesla-forgoes-1-3-billion-145029118.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://finance.yahoo.com/news/tesla-forgoes-1-3-billion-145029118.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133091710","content_text":"Tesla Inc. will take a pass on 1.14 billion euros ($1.3 billion) of state aid for the factory it’s building in Germany, as Elon Musk counters critics of his companies’ reliance on government funding.\nThe electric-car maker informed German authorities it won’t tap the support package, according to Beate Baron, a spokeswoman for the country’s Economy Ministry. Musk tweeted Friday that the decision was consistent with Tesla’s long-held belief.\n“It has always been Tesla’s view that all subsidies should be eliminated, but that must include the massive subsidies for oil & gas,” the chief executive officer wrote. “For some reason, governments don’t want to do that …”\nMusk, who also runs rocket maker Space Exploration Technologies Corp., has bristled for years at detractors faulting him for taking advantage of government support. Examples of this include the U.S. loan that helped Tesla get the Model S sedan into production, which the company paid back early. SpaceX is a major contractor for the National Aeronautics and Space Administration and U.S. Defense Department.\nAfter his initial post, Musk revisited a 3 1/2-year-old exchange with another Twitter user who criticized Tesla and SpaceX’s use of subsidies.\n“Combined Tesla+SpaceX market cap is now over $1.2T,” wrote Musk, who then took issue again with a figure mentioned in a May 2018 Twitter thread. Tesla shares fell as much as 3% shortly after the start of regular trading.\nTesla has almost completed construction of an EV factory in the small town of Gruenheide, southeast of the German capital, and also plans to manufacture battery cells at the site.\nWhile Musk wants to start assembling Tesla Model Ys in Gruenheide before the end of the year, local authorities still haven’t granted final approval for the project.\nGermany’s Economy Ministry, which had already approved the aid as part of the European Union’s IPCEI battery-innovation program, estimates that Tesla is investing around 5 billion euros in Gruenheide. Der Tagesspiegel newspaper reported Tesla’s decision earlier on Friday.\nMusk, 50, is the world’s richest person with a $304.4 billion fortune, according to the Bloomberg Billionaires Index. He’s added $134.7 billion to his net worth this year, more than double the next-biggest gain in the index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":183,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"andRepostAutoSelectedFlag":false,"upFlag":false,"length":10,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"isCommentEnd":true,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/877279341"}
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