Elon Musk did not build Tesla
Motor's, you did.
The Tesla Motors
Company, the maker of electric cars proves Barack Obama's point about
collective socialism.
Taxpayer cash
built Tesla Motors and Elon Musk is no hero of the free enterprise system.
The crony electric car maker received around
$4.9 billion in taxpayer funded gifts/grants and incentives so actually we all
own Tesla Motors Company not Elon Musk.
So don't bother buying stock in
Tesla (TSLA-NASDAQA) because when the free cash flow stops so does the
company. Elon Musk is not a car genius
but he might be the world's best promoter gaining billions in taxpayer
government cash for electric cars that only the top one percent of Americans
could afford.
It's interesting to note that
Tesla will receive about 30 percent of California's tax credits to only produce
a hand full of jobs. It's also interesting to note that California under
Governor Moonbeam Brown has the highest poverty rate in America, which shouts
about illegal aliens and companies like Tesla sucking up the cash with no
return in sight.
.
No comments:
Post a Comment