28 May 2024 4:55 pm
It's not corporate welfare if you support the specific industry, **** mouth pieces of ****.Vegas » 28 May 2024, 3:13 pm » wrote: ↑ Tesla received a 465 million low interest loan from the US department of Energy. They paid it back 9 years early. Ok, good for them for doing their **** job. They had a low interest which means the government didn't make as much which ultimately belonged to the taxpayers. The real problem is:
1. The everyday taxpayer that funded that 465 million sees 0 return on their investment. How does Tesla benefit everybody else in America?
2. EVs may not pollute as much as combustion cars, but its impact on the environment is tantamount to combustion cars, such as the enormous mining, the land disruptions, and the amount of carbon energy it takes to build an ev. It pretty much equals out.
Did your research actually give the interest rates for this loan? I bet a lot of people holding federal student loans would like the same rate!