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Tesla’s massive 71% profit loss pushes Elon Musk to limit government work with DOGE
(sinhalaguide.com)
this post was submitted on 06 May 2025
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Tesla only made a profit in Q1 because of the CO2 tax credits they sell to other car manufacturers.
Tesla is a very heavily subsidized company, in fact Tesla is built on subsidies. Yet Musk has the audacity to claim public workers only interest is to take money from the government without doing useful work!
Without capital gains and tax credits, Tesla would be $600 million in red in Q1! And Tesla continues to lose marketshare fast in Europe.
The longer you look at any musky business the clearer it becomes that the foundations are built upon the manipulation and harvesting of public funding.
Whether it be tax incentives to build and operate a factory, manipulation of tax credits, or special grants, the findings are always similar.
Then, if that doesn't work he calls in the bad guys from planet earth to privately 'invest' in his flailing bullshit so they can use whatever it is as a tool to accomplish the evil they want to see in the world.
Considering how dependent he is of government, it's weird he is so much against it.
But he is so much a narcissist that he thinks that he alone made everything he did possible.
It wasn't the fact that he was born rich in a rich country that supported his endeavors, it wasn't the enthusiastic workers and engineers that worked tirelessly because he convinced it was a "project to save earth"!
Elon Musk is disgusting, taking all his privilegies for granted, while wanting to deny working people the bare minimum.
Elon Musk and Donald Trump are prime examples of why we need to tax wealth more.
It's called "Pulling up the ladder behind you". He doesn't want anyone else to succeed but him.
DOGE should take a chainsaw to those subsidies.
Everyone associated with DOGE should be serving life in prison for corruption along with dozens of other national security, data & privacy violations.
Okay, but after they take away the subsidies to Tesla.
Absolutely, that would be cutting public wasteful spending for real.
Tbf, most automobile companies are heavily subsidized through the fossil fuel infrastructure that is required for them to exist and be of any use. That includes, but is not limited to: