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by rtkwe 500 days ago
The big question then is did the incentives then get clawed back. The pattern I'm familiar with says probably not; usually the company building the factory doesn't lose much of anything they were given when they fail to meet the milestones.
1 comments

First, it's usually structured that you meet X target, you get Y incentive. Second, what doesn't get clawed back is true of all companies though. So it's not unique to Tesla in any way.

Some of it is a loan, I know Tesla had a loan from the govt, they paid it back early if I remember correctly.

Plus all of that is in the past. What would be a huge problem is if the federal govt started throwing grant money at Tesla now, while Musk is running around playing in the govt.

All that said, I think it's a terrible state of affairs we find ourselves in, but I mean we voted Trump into power, what did we expect would happen? Rainbows and kittens?