I don't think you can discount the fact this money could have been used more productively that easily. It could have funded a lot of jobs for ordinary working people and developed new technology. That's an awful lot of good that didn't get done. I can't point to the working people that lost out from this, but they do exist.

It's not like if without Nikola all of this money would have gone to one other thing. Sure some of it might have got wasted, but realistically most of it would have gone to productive uses.