> regulatory credits
Why is it that all of Musk's companies rely on government support in some significant way?
Why is it that all of Musk's companies rely on government support in some significant way?
Oh, you mean Tesla and SpaceX. SpaceX got a commercial contract from NASA to greatly reduce NASAs costs of delivering cargo to the ISS, and fully delivered, saving NASA billions. SpaceX would not have been able to build Falcon 9 without it, or likely survive. Then NASA gave SpaceX and Boeing contracts to fly crew members to the ISS, and SpaceX delivered well ahead of Boeing, and for billions less. Finally NASA has given SpaceX small contracts to gain access to new SpaceX technologies such as in-orbit refueling, which would save NASA tens of billions if it was ever allowed to use it.
And we provide tax credits to zero emission vehicles to make up for allowing ICE engines to omit CO2 indiscriminately. A better solution would be a limited market in carbon emissions, but most of the coal state politicians would lose their jobs if that passed.
A pound of apples and a pound of lead may amount to the same thing for a counterweight, but that doesn't mean they are equally good for a pie.
I wouldn’t exactly call tax credits “government support”. They are, no doubt, very beneficial to Tesla, and other recipients of these tax credits. They aren’t support though: it’s the rest of the companies that are more burdened by the taxes.