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.

To continue reading this article, please click here to subscribe as a PRO for the complete pvbuzz media experience and to help support our efforts. Become a pvbuzz pro today for CAD $24.99/YEAR and access premium content anytime, anywhere, and on any device. For a limited time only, get 20% off for one year by using the Promo/Coupon Code GET20SUBSCRIBE at checkout.

If you already have a pvbuzz pro account, you can log-in to your account below:

More Stories From Around the Web:

Recent Posts