Half of Teslas Q2 profit came from your taxes. Nobody takes more in government handouts than a billionaire.

https://jalopnik.com/half-of-teslas-q2-profit-came-from-your-taxes-1851606200

by yogthos

7 comments

  2. It’s such a shame, I thought Elon was inspiring for the longest time.

    His goals related to space and EVs still do inspire.

    But, as a person and leader, he’s become such a massive disappointment. An opportunist with no integrity.

  3. This is a shoddy attempt at FUD, ALL car manufacturers were getting these credits. The condition was that they become more like tesla and sell EV’s. It’s not Teslas fault they were already doing that, and the govt shoved money in their pockets. Govt fucked themselves because if they didn’t they would be ‘anti tesla’ butthurts for not including tesla specifically in this ‘EV incentive’

  5. Don’t blame Musk or Tesla. This is all part of Biden & Harris’ inflation reduction act and pushing green energy. Go talk to your congressman.

  6. The government handouts that Democrats supported. Now they are angry people are using them.

  7. More on this subject from other reputable sources:

    —
    – Business Insider (B-): [Tesla stock price drops 13% on Q2 earnings miss, triggers EV rout](https://markets.businessinsider.com/news/stocks/tesla-stock-price-decline-2q-earnings-report-ev-market-recession-2024-7)
    – Straits Times (B): [Tesla profit margins worst in five years as price cuts, incentives weigh on them](https://www.straitstimes.com/business/tesla-profit-margins-worst-in-five-years-as-price-cuts-incentives-weigh)
    – Forbes (C+): [Tesla Earnings: Profits Fall For 4th Straight Quarter As Bottom Line Headaches Linger](https://www.forbes.com/sites/dereksaul/2024/07/23/tesla-earnings-profits-fall-for-4th-straight-quarter-as-bottom-line-headaches-linger/)
    – Wirtschaftswoche (C+): [Elon Musk: “Anyone who doesn't believe in autonomous driving should sell their Tesla shares”](https://www.wiwo.de/unternehmen/auto/elon-musk-der-wert-von-tesla-liegt-im-autonomen-fahren/29910294.html)

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