Comment by dzonga
3 months ago
what about gvt loans that tesla got in 2008/9 for clean energy ? close to half a billion. EV subsidies ?
Elon Musk is a tenderprenuer, as we call them in africa.
3 months ago
what about gvt loans that tesla got in 2008/9 for clean energy ? close to half a billion. EV subsidies ?
Elon Musk is a tenderprenuer, as we call them in africa.
Yeah, I know about that, but I was specifically talking about SpaceX winning contracts by simply being a better option than other competitors, not because of any "friends in the government". Musk wasn't even a billionaire yet, and I doubt he had government friends at the time who did him any personal favors. And in the end the government got what it wanted, Tesla did make a lot of electric cars and repaid the loan much earlier than required. While the current government that Musk helped get elected ended all subsidies for electric cars.
yeah true, we shouldn't negate how superior spaceX was compared to competitors.
however what made him a billionaire was gvt contracts. I guess all i'm tryna say if you wanna be a fat cat (rich) gvt contracts is a lucrative way to do it.
Not like it's free money.