RE:The late Ronald Reagan had a saying
In 2015 Elon Musk said he received $4.9 billion in government support. The money will help them move faster to transform the dirty business of energy.
Musk’s remarks came in response to a Times story detailing his corporate strategy of incubating high-risk, high-tech companies with government money — estimating the total received or pledged so far at $4.9 billion, a figure Musk did not dispute. The story noted that his companies have seen a big financial upside from the incentives — helping them build billions in stock value — while taxpayers have shouldered the cost.