1161 messages,
Last post on May 14, 2013 at 1:36 PM
You are in the
Automotive News & Views Forum.
What is this discussion about?
Automotive News
#871 of 1161 Re: orders had nothing to do with it [ateixeira]
by fintail
Feb 27, 2013 (10:56 am)
It's a satire site, kind of odd.
Although I do think Musk, being a zillionaire, should have been made to use more of his own fortune for his pet project. But that's how we roll here - socialize losses, privatize winnings.
#873 of 1161 Re: orders had nothing to do with it [gagrice]
by ateixeira
Feb 27, 2013 (11:17 am)
Would you rather read it in Forbes?
YES.
Of course!
And NO to NYT as a source. How lame that all they could say is their writer failed to use "good judgement" when he wrote a piece of fiction.
Elon makes very little from Tesla, in fact he's the lowest paid automotive CEO I can think of.
He makes the big bucks from the SpaceX gig.
Notable is that Forbes does not imply that the government's money paid for the house. You can't buy a 27M mansion making less than half a million a year.
Only a source that should not be taken seriously would make that claim...
NYT and the other source should be tossed. Better yet you really shouldn't be reading that garbage to begin with.
So yes, I'd rather read the real story in Forbes.
#874 of 1161 Re: orders had nothing to do with it [ateixeira]
by gagrice
Feb 27, 2013 (12:19 pm)
Notable is that Forbes does not imply that the government's money paid for the house. You can't buy a 27M mansion making less than half a million a year.
So why does someone worth $2.4 billion need our $465 million in tax dollars to finance his EV scam. It does seem suspicious that he closed on the house soon after getting the tax payers money. Of course the discounted price was on the stipulation that the owner get his money in 2012 to take advantage of the lower CG taxes last year.
http://blogs.wsj.com/developments/2012/12/21/elon-musk-goes-from-renter-to-owner- -in-bel-air/
#875 of 1161 Re: orders had nothing to do with it [gagrice]
by imidazol97
Feb 27, 2013 (12:54 pm)
A little data about Tesla and our (my) tax money:
Tesla Motors – Received $465 million in stimulus, of which over $16 million went into the pockets of 2 owners.
•Elon Musk: Obama donor, DNC donor. Tesla Motors Founder. Also CEO of Solar City which received its own $275 million in stimulus funding. Between Solar City and Tesla Motors, Musk personally pocketed $15 million immediately after receiving their stimulus.
•Steve Westly: Tesla Motors CEO. Pocketed $1.2 million immediately after their stimulus payment.
•Steve Spinner: Tesla ‘consultant’. Obama donor, DNC donor. Then appointed to an executive position within the Dept of Energy.
•Nicholas Pritzker: Part owner of Tesla Motors. Obama donor. Related to a number of Obama advisors and high-profile donors.
•Sergei Brin: Part owner of Tesla Motors. Obama supporter.
•Larry Page: Google CEO, Part owner of Tesla Motors. Obama supporter.
•Eric Schmidt: Part owner of Tesla Motors and Obama administration advisor.
•Dan Reicher: Part owner of Tesla Motors and Obama administration advisor.
Things you won't get at CBS and ABC
#876 of 1161 Re: orders had nothing to do with it [gagrice]
by ateixeira
Feb 27, 2013 (1:22 pm)
Do you really think he's committing fraud to buy a house valued at 1% of his net worth?
He was already living there. He wanted to pimp it out, so he had to buy it to make those changes.
Maybe he'll build a landing pod for his space ship. LOL
#877 of 1161 Re: orders had nothing to do with it [imidazol97]
by ateixeira
Feb 27, 2013 (1:26 pm)
From a source that labels the story "stimulus scandal", and look at the author - hardly balanced.
You guys really need better sources.
If you lean conservative at least try Politico.
#878 of 1161 Re: orders had nothing to do with it [ateixeira]
by ateixeira
Feb 27, 2013 (1:27 pm)
Now that I think about it, I bet he wanted to install quick charging stations in his garage, too.
#879 of 1161 Re: orders had nothing to do with it [ateixeira]
by imidazol97
Feb 27, 2013 (1:31 pm)
>least try Politico.
You gotta be kidding. May as well try ABC/CBS if you want biased info. Maybe for the beltway folks they like NBC and the others.
#880 of 1161 Re: orders had nothing to do with it [ateixeira]
by gagrice
Feb 27, 2013 (1:44 pm)
You guys really need better sources.
I went with NYT as liberal as they come and that was not to your liking. Anyone that can look at the $billions spent on the Green Agenda and not see the corruption, are not looking very hard. Or they live in a fog. Of course you are not likely to see the truth on MSM like MSNBC. Thankfully there are a lot of people digging deep to expose the corruption in our state and Federal governments. None any worse than the EV scams. Unless a vehicle is profitable on its own merit it should not be subsidized. That little tax break on the Prius and others was a pittance compared to what has happened in the last few years.
Tesla cost to tax payers $140,000 each
Volt cost to tax payers $250,000 each.
Those are unsustainable giveaways to the rich.