LauraGrace
Robert ReichReminder: Running a company with billions in government contracts and subsidies is Elon Musk's MO.
drdindIn the above tweet, @rbreich links to an excellent summary of all the times Elon Musk has received massive government assistance.
Of course, this cuts against the myth of the brilliant, visionary, self made billionaire that Musk likes to cultivate.
Of course, this cuts against the myth of the brilliant, visionary, self made billionaire that Musk likes to cultivate.
Shield Maiden
MaysyMan 
Mark@rbreich “The richest person in the world says he doesn't want any help from the US government, but his companies have actually gotten billions of dollars worth.
Like many other wealthy Americans, Musk has spoken out against a proposed "billionaires' tax"
Zelmo Ziggy@markfields @rbreich His latest attempt was trying to get the US government to start paying Starlink for internet service to Ukraine.
🇺🇦🇺🇦 Walter White 🇺🇸🇨🇦@rbreich Most of those types prefer to use other people's money. Why spend your own... right?
Mr. Pataphor, Dadaist Dad@rbreich In the 70s, #Canada's federal #NDP Leader, #DavidLewis, had a phrase to describe that. “Corporate welfare bums” #CorporateWelfareBums https://parli.ca/corporate-welfare-bums/
MeidasBodhi
Old Man Mike@MeidasBodhi @rbreich smacks of desperation from Elon “please like me” Musk
Karen Riddell@rbreich
only for others, doesn'y apply to him
only for others, doesn'y apply to him
Old Hippie Ⓥ@rbreich So, in other words, the US taxpayers have funded Musk's ventures.
@old_hippie @rbreich I hope that gives the USA a coupon, usable to discount any business the USA does with SpaceX.
Hoosier Lib
Wrenegade@rbreich 😡 There's just no bottom to the hypocrisy.
Jeff@rbreich tax payers should not be funding SpaceX
The Electron Cloud 🌈 ✡️@rbreich He doesn't believe in subsidies for us little people.
Alacity's_Alt@rbreich it amuses, knowing he's benefited from the better part of $12b in grants, and the shell-game he's played with stock swaps, carbon credit offsets, tax avoidances, etc- it's almost admirable how he's managed to keep that ball in the air for so long.
ist just me or is there an inevitable Theranos moment in store for him at some point?
sodalis@rbreich Gimme an F! Gimme an R! Gimme an A! Gimmie a U! Gimme a D! What's that spell? Late stage capitalist oligarch. Extra points for inbreeding.
@rbreich His entire fortune is based on govt subsidies.
IvánGutiérrez 
Ana Mesa 
joe•iuculano 
@rbreich self-made billionaire,
my å$$
my å$$
There Is Good News@rbreich Elon Musk a hypocrite? Say it isn't so.
SailorJ@rbreich Elon killed twitter. I fully expect the decentralized platform to flourish, as more and more realize that Twitter isn’t that big of a deal. When the media actually decides to fully engage here, we will see it even more of a thing. Not that it’s needed.
MistywatersDisappointment Dog GIF - Disappointment Dog Really - Discover & Share GIFs
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@rbreich I’m pretty sure that The Boring Company gets government contracts, too.
@rbreich “…Musk said the government should "just delete" all subsidies from the $1 trillion infrastructure bill President Joe Biden recently signed into law. Biden's bill included $7.5 billion for electric vehicle charging infrastructure, which would seem to help one of Musk's companies, Tesla Motors.” More importantly, for Elon, is that it may help his competitors, and must go.
@rbreich re: “…Twitter isn’t that big of a deal.”, I think it was a decently sized deal, until touched by Elon.
@rbreich Elon just posted a picture of twitter being raped by trump. I don't think he is someone whose words matter. Sure his actions still do, but it's probably safe to ignore what he says and just watch what he actually does. Yes, he's a hypocrite but so much worse than that.
pcfascist@rbreich rich guy doesn't want to give back wealth others made for him. That and other stories at seven.
@rbreich gee, what a surprise the "self made" billionaire talks out of one side of his mouth while holding out his hand to the government.
RedDragon@rbreich He lies on a daily basis just like TFG.
@rbreich How do you define selfish?
@rbreich I guess he can add "Hypocrite" to his resume.
TheNinthwave@rbreich anti-sbusidy when it does not benefit me and I may have to pay tax to support it.
What I don't get is we have these industries that are sustained on infrastructure they refuse to support. Eventually the bottom will fall out and the consumers they need will not be able to support their free use of the infrastructure and still buy their service......shouldn't they be managing a path to that, some common good that keeps them with consumers or is debt the key to the future in their eyes
@rbreich RossPerot too.And Fred Trump for that matter.
NanaSofPNWCats@rbreich Time for Congress to address this in November-December 2022.
COVID United Front@rbreich So he's a parasite. Not surprising.
bluerootsradio@rbreich Using other people's money is their go to get-rich-quicker scheme, isn't it?
InfiniteOne@rbreich My question: how does he get those contracts?
Rachel Maria@rbreich I sure hope the Fed ain’t bailing out those crypto dolts. That would make me very unhappy. 🤨
Caliban64@rbreich he’s like peter thiel but louder and less evil.
Stargeezer Smith@rbreich
Has Musk actually ran companies, or does he mostly invest in them?
Has Musk actually ran companies, or does he mostly invest in them?
Accretor@rbreich I think you meant ruining companies with government contracts.
@rbreich Musk released the Tesla supercharger design. The reason is if more then one company uses an EV charge interface then the design company gets millions in government dollars.
The Mystic Pilgrim
Hejhog@rbreich All true. Tesla was on the verge of bankruptcy when the Obama administration loaned it $460 million. The State of Nevada gave it billions in tax breaks over 10 years to locate the giga-factory in Reno. Most of the profit on each car sold comes from the tax credit on EVs.
Simulacrum@rbreich
I guess apartheid gem mining will only get a kid so far these days on its own.
I guess apartheid gem mining will only get a kid so far these days on its own.
@rbreich Glad to see you here. I thought I would lose some of my favorites leaving the twit and his social program.
Peter de la Mare
Quest
@rbreich
Also reminder, he has accomplished his MO better than anyone in history!
Also reminder, he has accomplished his MO better than anyone in history!
C Brockman@rbreich So is stock manipulation
Sheri@rbreich
I think I used to follow you at the birdie site.
I think I used to follow you at the birdie site.
Noel Kelly@rbreich
He spent time in the late 90s & early 00s lobbing to make sure NASA had to put large amounts of it's work out to private interests.
Well documented by @davetroy
https://toad.social/@davetroy/109364755221271919
He spent time in the late 90s & early 00s lobbing to make sure NASA had to put large amounts of it's work out to private interests.
Well documented by @davetroy
https://toad.social/@davetroy/109364755221271919
Dave Troy :toad: (@[email protected])
Attached: 1 image Last month I did a thread on the #birdsite on the long relationship between Musk and Putin’s favorite Congressman, Dana Rohrabacher. It’s worth revisiting. 🐦 🧵 https://twitter.com/davetroy/status/1584182727750062082?s=46&t=n8HL8KwodaKw6efafOuKhQ
topsy23@rbreich And also Donald Trump's, I believe, historically!