... The pause, which is for maintenance on production lines, would be the third such shutdown at the Austin facility in the past year, according to BI. ...
... The pause, which is for maintenance on production lines, would be the third such shutdown at the Austin facility in the past year, according to BI. ...
... “She is an elected public official, so she needs to tread very carefully because nothing will happen to Elon Musk, and we’re going to fight to protect all of the Tesla owners throughout this country,” Bondi said during an appearance on Fox’s “Sunday Morning Futures.” ...
If AG Merrick Garland had done this to a Republican, you would have never heard the end of it from the likes of Mark Levin and his ilk.
But hey, when Republicans do it it's OK!
Violent attacks on Tesla dealerships spike as Musk takes prominent role in Trump White House
... Musk critics have organized dozens of peaceful demonstrations at Tesla dealerships and factories across North America and Europe. Some Tesla owners, including a U.S. senator who feuded with Musk, have vowed to sell their vehicles.
But the attacks are keeping law enforcement busy. ...
A number of the most prominent incidents have been reported in left-leaning cities in the Pacific Northwest, like Portland, Oregon, and Seattle, where anti-Trump and anti-Musk sentiment runs high. ...
... Since President Donald Trump’s inauguration, more than a dozen violent or destructive acts have been directed at Tesla facilities, according to court documents, surveillance photographs, police records and local media reports reviewed by The Washington Post. ...
More.
Elon Musk’s business empire is built on $38 billion in government funding
... Musk is one of the greatest beneficiaries of the taxpayers’ coffers. ... He has been a big beneficiary of national industrial policy, especially Democrat industrial policy, through government funding. ...
About a third of Tesla’s $35 billion in profits since 2014 has come from selling federal and state regulatory credits to other automakers. The credits are given to automakers that meet certain standards, including selling a certain percentage of zero-emission vehicles. Tesla is the largest seller of these credits to automakers that don’t meet the standards and want to avoid paying a fine.
These credits played a crucial role in the company’s first profitable quarter in 2013 and its first full year of profitability in 2020, according to Securities and Exchange Commission filings. Without the credits, Tesla would have lost more than $700 million in 2020, marking a seventh-consecutive year with no profits, according to an analysis of SEC filings.
With the credits, the company instead reported a $862 million profit.
While Musk has advocated for ending the EV tax credit for consumers, he has said little about these regulatory credits. ...
Nearly a tenth of government money that has benefited Musk’s companies
comes from agencies in eight states, including California. ...
In 2016, SpaceX’s success in securing federal contracts prompted rival Jeff Bezos, founder of Blue Origin (and owner of The Washington Post), to say in a company meeting: “Elon’s real superpower is getting government money,” The Post reported. “From now on, we go after everything that SpaceX bids on.”
More.
Musk's many government subsidized businesses are just the currently most prominent examples of American fascism. For bigger ones simply look into the defense industry, the energy industry, or healthcare, or Amazon's early no-sales-tax arrangement which allowed it to become the retail behemoth that it is. President Eisenhower warned us about this long ago, but we're so used to it now that we just take it all for granted.
Real capitalism is swallowed up by the combine between the taxation authority holding a gun to your head, taking your money, and giving it to the corporations.
That's the racket. That's the American way.
The hypocrite:
Over the last decade, Musk's companies SpaceX and Tesla were awarded at least $18 billion in federal contracts, according to spending data -- with SpaceX winning more than $17 billion worth of contracts since 2015.
And don't forget the benefit of the government coin in the till for every Tesla purchased:
Yeah, let's put the HOG feeding at the government trough and getting filthy stinking rich off electric car subsidies and tax credits, and government rocket contracts, in charge of government efficiency.
Trump announces Elon Musk, Vivek Ramaswamy to lead new ‘Department of Government Efficiency’
What a bunch of phony baloney plastic banana good time rock 'n rollas.
"Government efficiency" is one of those oxymorons that is more equal than other oxymorons.
Jan 11 (Reuters) - Rental firm Hertz Global Holdings (HTZ.O) is selling about 20,000 electric vehicles, including Teslas, from its U.S. fleet about two years after a deal with the automaker to offer its vehicles for rent, in another sign that EV demand has cooled.
Hertz will instead opt for gas-powered vehicles, it said on Thursday, citing higher expenses related to collision and damage for EVs even though it had aimed to convert 25% of its fleet to electric by 2024 end.
More.
Hertz makes ‘agile’ decision to shift strategy and sell EVs, Teslas