How grants and tax subsidies helped Elon Musk grow Tesla

Elon Musk’s growing empire of companies that make electric cars, sell solar panels and launch rockets into space—is fueled by $4.9 billion in government subsidies, grants and tax credits. Why is this a good thing?



Elon Musk is a visionary technologist.

His projects involve space travel, literally shooting for the moon and Mars—energy, and of course transportation. His companies have propelled him to a net worth of over 20 billion. B

ut how have government policies and taxpayer money boosted his businesses?

His major companies have all had significant government support in one form or another. Let’s start with Tesla.

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