One of Musk’s fake companies getting billions in real government money is Tesla Motors. Tesla produces massively-subsidized electric cars which – even with the federal coin – cost way too much and aren’t purchased by anyone outside of uber-wealthy preening elites:
“(Tesla’s) first model, the Roadster, costing over $100,000 per vehicle, sold only 2,400 actual cars in 31 countries from 2006 until production ended in 2012, despite extensive federal subsidies for electric car purchases. Its new model, a full-size luxury sedan named the Model S, is doing better, costing about half as much as the Roadster. Tesla sold about 25,000 of these worldwide in 2013….The products are heavily subsidized, by both federal and state tax credits of up to $20,000+ to consumers, and zero emissions credits totaling tens of millions of dollars to the company.”
So much government coin – for so little in sales. And now the Musk contagion is looking to infest Texas. Musk wants to insert his Tesla Faux-Motors into the Lone Star State’s retail dealership market. And is demanding even more cronyism to do it.
