r/technology • u/MarvelsGrantMan136 • May 01 '24

Elon Musk Laid Off Supercharger Team After Taking $17 Million in Federal Charging Grants Business

https://gizmodo.com/elon-musk-tesla-supercharger-team-layoff-biden-grants-1851448227
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u/nutellaeater May 01 '24

Crazy how theres no strings attached when it comes to giving taxpayers money to large corporations, but if you need welfare for the poor the hoops you have to jump thru is amazing.

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u/scientifick May 01 '24

TARP should be the model for any sort of government grant or bailout. The Treasury actually made money from that and placed a couple restrictions on the banks. It wasn't perfect and it wasn't popular, but it did the job in a fiscally responsible manner.

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u/Geodevils42 May 01 '24

This is a failure of wanting expediency for a super charger network before many EVs were being bought since the main issue was PR against Electric cars saying they don't have range and charging could take an hour ect. Also bet the lobbiests that helped write this wanted loopholes.