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by swsieber
4013 days ago
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Of course the companies most reliant on the money are still reporting net losses. If they weren't reliant on money it'd be because they were turning a profit. So perhaps a more succinct and accurate statement is that you have a problem with government investments in long, as-of-yet unprofitable (earnings) companies. You don't like the long-shots that take a long time to potentially mature. And I probably wouldn't either if they were near my town. |
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The legislators gave up or severely decreased tax incentives to other industries to make up the gap. Could Tesla be worth all of that in the long run? Possibly, still, I think it would be wise to continue to invest some of the money in other ventures rather than putting it all in on Tesla.