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2021-11-26

Tesla Forgoes $1.3 Billion German Aid to Counter Critics

Tesla Inc. will take a pass on 1.14 billion euros ($1.3 billion) of state aid for the factory it’s b

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 &amp; 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. 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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. 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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":523,"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,"upFlag":false,"length":2,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Tesla Forgoes $1.3 Billion German Aid to Counter Critics

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