Despite receiving billions of dollars in government subsidies, Elon Musk-owned Twitter has not labeled itself as being “government-funded.” It’s a label Twitter added to NPR and BBC, UPI writes.
“Musk’s companies together had received at least $4.9 billion in government funds and support by 2015, according to an investigation from the Los Angeles Times published that year, suggesting that his company’s may also qualify to receive the label.
The organization Good Jobs First has a complete list of 110 subsidies awarded for Tesla alone dating back to 2007.
Other government money Tesla has received includes a $465 million loan from the U.S. Department of Energy to sell its fuel-efficient cars in 2010, according to the department’s website.”
Read the full story at UPI.
See where Elon Musk’s companies have gotten subsidies at our Subsidy Tracker.