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Musk Shutting Down Government Loan Office That Gave Him the Money to Grow Tesla (jalopnik.com)
81 points by rntn 48 days ago | hide | past | favorite | 14 comments



About as literal to "pulling up the ladder behind you" as you can get.


[flagged]


This is in response to your comment here [1] rather than the comment above, because the former was flagged to death so can't be responded to directly.

> So these haters criticize Elon in his early years for Tesla taking a government loan that they paid back early with interest. And now they criticize him for supposedly cutting the program that they criticize.

You are rather confused. They are not criticizing the program or Musk for using it. They think it is a good program.

They are criticizing Musk for cutting it because they think it should remain available so that other long shot energy projects can be funded the same way Tesla was funded.

[1] https://news.ycombinator.com/item?id=43812131


[flagged]


The article does not explicitly criticize Elon Musk for taking government money but highlights a clear contradiction between his businesses’ heavy reliance on at least $38 billion in public funds and his political stance promoting spending cuts through the Department of Government Efficiency (DOGE). It presents Musk’s dependence on government contracts, loans, subsidies, and tax credits factually, while subtly pointing out the irony and perceived hypocrisy in his calls to eliminate subsidies after his companies had already benefited massively. The tone remains analytical, focusing on documenting the support rather than issuing a direct moral judgment.


Thank you, Grok.


I do not understand what "EDS sufferer" is...


I believe that it is an evolution of "Trump Derangement Syndrome" to "Elon Derangement Syndrome" as a bad faith mechanism of yelling at people who are critical of Elon's behavior.


Ah, thank you, makes a lot more sense now. Just another thought-terminating cliché then...


Believe me there is plenty of thought on this side of the fence. Less so on the other it would seem...


Ironically you just used another thought-terminating cliché, don't really see how leaning on those actually display any thought, I don't think it's very conducive to thought relying on dismissive terms to silence criticism, looks petulant.

But you do you, it's just sad.


Pulling the ladder always has a bad connotation, what are you asking exactly?


Really wish people didn't continue to misunderstand the concept of wealth & having cash. First sentence of the article:

> Back when Elon Musk had a bank account with merely one billion dollars in it he had to borrow money from the federal government to get his fledgling EV automaker off the ground. In January of 2010 the Department of Energy's Loan Programs Office floated Tesla $465 million ...

Here is an article in 2010 talking about Musk running low on cash & his divorce causing him financial issues https://venturebeat.com/business/elon-musk-personal-finances...


FYI musk had a backup funding for Tesla during that time. Google’s co founder offered to buy out the entirety of the company to accelerate waymo. However musk got the loan, and the rest is history. https://www.theguardian.com/technology/2015/apr/21/google-al...


That's not backup funding; that's turning over control to a shadowy figure who had a different agenda.


It's history still in the making. Waymo is much closer to general self-driving.




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