Reply to Commerce Secretary Lutnick Hawking Tesla Stock

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Lutnick goes on Fox and urges viewers to buy Tesla stock as it will never be this cheap again. I don’t have any words except how dire Elon’s circumstances must be that he is resorting to this sort of nonsense.[/quote]

Didn't President Biden give $12B in grants and loans to the Big 3 and their suppliers to retrofit their plants to manufacture electric vehicles and other advanced vehicles?[/quote]

You are off by an order of magnitude.

And it was spread across a wide variety of companies and suppliers

https://www.pbs.org/newshour/politics/biden-administration-awards-1-7-billion-in-grants-for-electric-vehicle-manufacturing-in-eight-states

I will say it’s unclear to me why Biden excluded Tesla from the EV summit. Can a sane person explain what happened there?[/quote]
Tesla was excluded because they'd already been producing EVs for years (and had received massive tax benefits from doing so). Biden was trying to encourage a more widespread manufacturing base.[/quote]

They were excluded because they aren’t unionized[/quote]

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