“Tesla Motors Inc., SolarCity Corp. and Space Exploration Technologies Corp., known as SpaceX, together have benefited from an estimated $4.9 billion in government support, according to data compiled by The Times. The figure underscores a common theme running through his emerging empire: a public-private financing model underpinning long-shot start-ups. The figure compiled by The Times comprises a variety of government incentives, including grants, tax breaks, factory construction, discounted loans and environmental credits that Tesla can sell. It also includes tax credits and rebates to buyers of solar panels and electric cars.”
http://www.latimes.com/business/la-fi-hy-musk-subsidies-20150531-story.html
Related posts:
Elderly patients could benefit significantly from using medical marijuana
NHS hospital spends £1.3million on fleet of Swiss robot workers
OECD seeks inspiration from FATCA model
Locked up, because I went to a Texas national park without my papers
In Newtown, Gun Permits Surge After Shooting
Local credit union tries on being banker to the pot industry
Pa. Man Barters With Bacon for Cross-Country Trip
Insurers predict 100% to 400% Obamacare rate explosion
Bitcoin continues to swing without any help from central banks
FBI ‘Grappling’ With Hiring Policy Because Top Hackers Smoke Pot
At Bank of England, Carney to put growth at top of list
Texas Proposal Would Make Local Police Enforcement Of Federal Gun Laws A Crime
The Trouble With Sovereign-Wealth Funds
Controversial 'naked' airport body scanners to be scrapped in Europe, U.K.
Fed Critic Mulligan Mint Files for Bankruptcy