Tesla has been the most heavily subsidized automaker in the US. Biden's historic... | Hacker News

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		culi on March 10, 2025 \| parent \| context \| favorite \| on: Tesla shares plunge 14%, head for worst day in fiv... Tesla has been the most heavily subsidized automaker in the US. Biden's historic investments in EV subsidies only increased that. It was leading the EV industry and it seemed impossible for it to fail even with the safety scandals that plagued it for nearly a decade It's truly incredible that someone could fuck up such a favorable position

bryanlarsen on March 10, 2025 [–]

> most heavily subsidized automaker

The federal government literally purchased all of GM & Chrysler in 2009.

culi on March 10, 2025 | [–]

Tesla has also received $466,500,000 in bailouts. But bailouts are NOT the same thing as subsidies

https://subsidytracker.goodjobsfirst.org/parent/tesla-inc

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