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Message

re: I always thought Musk was a phony

Posted on 7/22/18 at 11:35 am to
Posted by Mo Jeaux
Member since Aug 2008
64554 posts
Posted on 7/22/18 at 11:35 am to
quote:

You seem to be under the failed understanding this is the limit of Musks government funding.


What companies haven’t received some form of federal, state or local government funding?

This is such an odd argument.
Posted by DavidTheGnome
Monroe
Member since Apr 2015
31596 posts
Posted on 7/22/18 at 11:35 am to
Since were discussing companies subsidized by the fed government, here’s a list of items on the China tariff. And Trump has indicated he might put it on all imports from there.

LINK
Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 7/22/18 at 11:36 am to
quote:

Point being, Tesla gets more scrutiny over most other companies because of what their technology means to the world. That's just a fact whether it's warranted or not.

That's certainly fair, but this scrutiny should have merit and be logical.

But looking at this thread and seeing the content of most detractors, that is not the case at all.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/22/18 at 11:36 am to
quote:

Tax credit =/= lower than market rate government loans



I'll ask for a third time, are you barred from starting a company that would qualify for those loans and take them? They are the same thing. Meet criteria X become eligible for benefit Y.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 7/22/18 at 11:39 am to
quote:

In fairness to Roger, on this page, he finally attempted to explain why.


Can you get billions of startup capital from the fed?
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 7/22/18 at 11:39 am to

I'm glad TD.com wasnt around when Union Pacific was laying track to connect the coasts. No telling what furor would erupt from the government's role and cheap arse labor.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/22/18 at 11:39 am to
quote:

Can you get billions of startup capital from the fed?


Yes
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 7/22/18 at 11:42 am to
quote:

are you barred from starting a company that would qualify for those loans and take them? They are the same thing. Meet criteria X become eligible for benefit Y.


Here you go.
quote:


LINK


quote:

All of the $3 million donated by that group, Energy Choice for America, came from SolarCity. The beneficiaries are candidates who have signaled their willingness to be part of the “green machine” that greases the skids for lucrative government subsidies.

Burning through taxpayer dollars, buying elections, and expanding a network of crony capitalism has become so inherent to the SolarCity model that $3 million to a public commissioner’s race, brazen though it may be, is only a drop in the bucket for Musk and SolarCity.

In 2013 alone, SolarCity received $127.4 million in federal grants. The following year, in which it received only $342,000 from the same stimulus package, total revenue was just $176 million and the company posted a net loss of $375 million.

Despite an expansion of operations and claims to be the leader in the industry, SolarCity never has been able to survive without serious help from government subsidies and grants. The failure to responsibly turn taxpayer dollars into a profitable renewable energy provider has led to SolarCity’s collapse into the welcoming arms of Tesla.



I do not have the money to pay the appropriate politicians
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 7/22/18 at 11:44 am to
quote:

I'm glad TD.com wasnt around when Union Pacific was laying track to connect the coasts. No telling what furor would erupt from the government's role and cheap arse labor.


Yet these men are currently reviled as robber barons.

When the govt teet dries up, so will Musks empire.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 7/22/18 at 11:44 am to

Now, do the same research on Boeing.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 7/22/18 at 11:44 am to
quote:

Can you get billions of startup capital from the fed?

Today? No.


Is there anything at all stopping me from building my own company to do this? No



If I'm single with no kids, can I get tax breaks afforded to those with kids?

Kinda kills your point, no?




Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 7/22/18 at 11:45 am to
quote:

I do not have the money to pay the appropriate politicians

So exactly like those who don't have kids can't tax child tax credits.


Same shite.
Posted by Pettifogger
I don't really care, Margaret
Member since Feb 2012
87746 posts
Posted on 7/22/18 at 11:45 am to
quote:

And I’ll never understand why people hate the businessman that takes free money from the government when offered. That is just smart business.



I wonder if we can think of any other revered businessman who has seized on loopholes and tax breaks when possible

I'll rack my brain for one...
Posted by Mo Jeaux
Member since Aug 2008
64554 posts
Posted on 7/22/18 at 11:46 am to
Bad link.

But how is any of this solely attributable to Musk. Your criticisms seem to be directed at certain attributes of the system itself. Which is fine, just hardly something that only involves Musk.
Posted by shel311
McKinney, Texas
Member since Aug 2004
112944 posts
Posted on 7/22/18 at 11:46 am to
quote:

Yet these men are currently reviled as robber barons.

When the govt teet dries up, so will Musks empire.

And the other carmakres receiving way more from the government teet?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 7/22/18 at 11:46 am to
quote:

So exactly like those who don't have kids can't tax child tax credits.


Same shite.


So, cronyism = using the tax code as it's written.

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 7/22/18 at 11:47 am to
quote:

Kinda kills your point, no?


Absolutely not.

Posted by Mo Jeaux
Member since Aug 2008
64554 posts
Posted on 7/22/18 at 11:48 am to
quote:

So, cronyism = using the tax code as it's written.


According to some of your arguments in this thread, yes. But your arguments haven’t been consistent.
Posted by Sao
East Texas Piney Woods
Member since Jun 2009
68469 posts
Posted on 7/22/18 at 11:48 am to
quote:

When the govt teet dries up, so will Musks empire.


Like Lehman?
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/22/18 at 11:50 am to
quote:

Despite an expansion of operations and claims to be the leader in the industry, SolarCity never has been able to survive without serious help from government subsidies and grants. The failure to responsibly turn taxpayer dollars into a profitable renewable energy provider has led to SolarCity’s collapse into the welcoming arms of Tesla.


OK I agree with this and think Tesla is grossly over valued, has nothing to do with your dumbass argument that you can't take those incentives.

quote:

I do not have the money to pay the appropriate politicians



And I don't have kids.

Look, it's ok to be wrong, just admit it and move on. I'm actually more on your side in regards to Musk and his companies than someone like she, but you said and then backed up dozens of times something incredibly stupid.
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