1 karma · joined June 5, 2013
Wow.
There were quite several car manufacturers similar to Tesla's size before their large taxpayer-subsidized loan who didn't get those loans.
I guess you must be a well-connected billionaire to qualify. I guess that counts as "fair" nowadays.
"Tesla repay a big federal loan a few weeks ago, many years before they had to?"
Why does this matter? They were given a large loan. That large loan gave them a large runway to have one profitable quarter, which allowed them to pay back the loan by issuing shares and bonds. Another car manufacturer couldn't do the same if you gave them $500M loans? Why should Tesla get it and not others?
How exactly is Tesla playing fair? Did all car manufacturers receive a $500 million loan to build electric cars or something?