this post was submitted on 01 May 2024
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Despite its CEO railing against Biden, Tesla was more than happy to take the administration's money.

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[–] [email protected] 120 points 6 months ago (5 children)

This is why I fucking hate government grants to corporations. These assholes never put in safeguards to actually force these jackass companies to actually use it as intended.

[–] [email protected] 25 points 6 months ago

I'm OK with grants for certain things/times/whatever. But it seems like if the owner is worth billions and comes to the gov't for a handout, the gov't should just tax them correctly and say,"No you."

[–] [email protected] 21 points 6 months ago

Infrastructure should be public anyways, so instead of giving grants to private for profit companies, it would instead use that money to just fund the infrastructure.

[–] [email protected] 15 points 6 months ago

Government grants should come with government share % of the company.

Or at least with heavy requirements and obligations like every government "grant" for normals people.

[–] [email protected] 11 points 6 months ago

Oh I think it’s all going how it was intended. Just not going according to the public justification.

[–] [email protected] 9 points 6 months ago (1 children)

Although I understand the sentiment, the instrument under which the funding has been granted is called NEVI and has pretty strict requirements about what gets built (150kW rated, payment terminal equipped charging stations along major roads) as well as transparency requirements about reliability.

[–] [email protected] 4 points 6 months ago (1 children)

Can they just not build them and keep the money though?

[–] [email protected] 3 points 6 months ago* (last edited 6 months ago) (1 children)

Looking at the several billion dollars that we gave the telecommunication companies over the last two decades for "nation wide high speed fiber infrastructure," I would say the answer is not only yes, but we will keep giving them more money for the same damn thing.

[–] [email protected] 1 points 6 months ago

Yeah, that came to mind too