No More Government Contracts for Elon Musk!

 A new Washington Post report found that the tech mogul/fascism enthusiast built his fortune from $38 billion in government contracts, loans, subsidies, and tax credits going back more than 20 years. Musk’s companies received at least $6.3 billion in commitments from state and local governments in 2024 alone, and this is likely an undercount. 
 

According to the Post, Musk’s companies have close to a dozen other local grants, tax credits, and reimbursements whose costs are not publicly known. Musk also has 52 ongoing contracts with seven government agencies—including the Department of Defense, the General Services Administration, and NASA—that could pay his companies $11.8 billion in the next few years.  

Tesla has been a major beneficiary of federal and state government funding, receiving $11.4 billion in regulatory credits meant to boost electric cars. Tesla sales have been helped by a $7,500 tax credit for buyers of electric vehicles too.