Re:SpaceX’s Falcon Heavy successfully launches
by ricardobeat on Tuesday February 06, 2018 @08:42PM
(#16321640)
Pardon my French, but that’s a load of bullshit in this context. SpaceX is privately funded and only receives money from the government from the launch contracts it sells.
That amount is for Tesla and SolarCity combined. To put things into perspective, GM received a $50B bailout, Ford got almost $6B for “energy-efficient” cars, as did Nissan with $1.6B.
Finally, almost all of those are loans, tax credits and incentives, not money 'out of pocket'. The goal is always to generate more wealth than was “spent”.
Re:SpaceX’s Falcon Heavy successfully launches
by TeMPOraL on Wednesday February 07, 2018 @05:31AM
(#16323526)
Also, generally, WTF. Tesla - unlike most others - pays back its government loans on time, in full, with interest. They're using this money the way it was meant to be used.
That amount is for Tesla and SolarCity combined. To put things into perspective, GM received a $50B bailout, Ford got almost $6B for “energy-efficient” cars, as did Nissan with $1.6B.
Finally, almost all of those are loans, tax credits and incentives, not money 'out of pocket'. The goal is always to generate more wealth than was “spent”.