In a decade that has seen dramatic ups and downs for the US auto industry, involving massive government support programs for all three of the remaining US headquarter manufacturers, its perplexing, in the least, to witness the industry lead the charge on extreme wealth concentration and inequality. Between 2008 and 2010, US taxpayers spent tens of billions propping up and supporting Ford, General Motors and Chrysler (now a division of Stellantis in the Netherlands). And while Tesla did not directly benefit from industry bailout funds, the company did receive its own half billion dollar US Department of Energy guaranteed loan on top of a couple decades worth of government tax incentives for the purchase of its primary products. In short, ...
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In a decade that has seen dramatic ups and downs for the US auto industry, involving massive government support programs for all three of the remaining US headquarter manufacturers, its perplexing, in the least, to witness the industry lead the charge on extreme wealth concentration and inequality. Between 2008 and 2010, US taxpayers spent tens of billions propping up and supporting Ford, General Motors and Chrysler (now a division of Stellantis in the Netherlands). And while Tesla did not directly benefit from industry bailout funds, the company did receive its own half billion dollar US Department of Energy guaranteed loan on top of a couple decades worth of government tax incentives for the purchase of its primary products. In short, ...


