Re:U.S. government takes 10% stake in Intel
by mempko on Wednesday August 27, 2025 @12:22AM
(#45035437)
What would have happened to Tesla without the loan? You don't think the DOE loan department had no idea of their finances? A bailout by another name is called?
Re:U.S. government takes 10% stake in Intel
by vel0city on Thursday August 28, 2025 @10:17AM
(#45052466)
If a bakery goes to a bank and gets a loan to fix their ovens is that a bailout?
Things like TARP bailouts and the auto industry bailout were weird one-off programs with very narrow beneficiaries that nobody else really had access to. This loan program in question is a normal, long standing program that anyone can apply for and has funded a lot of different things. Do you not see a difference between these?
https://www.energy.gov/lpo/advanced-technology-vehicles-manu...