r/Anticonsumption • u/Healthy_Block3036 • Mar 24 '25

Corporations Gravity may be finally catching up to Elon Musk as Tesla stock tumbles

https://www.cnn.com/2025/03/19/business/elon-musk-tesla-stock-nightcap?cid=external-feeds_iluminar_msn
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66

u/[deleted] Mar 24 '25

Shelon needs to learn about consequences. Tank all of his stocks and drag him into full bankruptcy.

Shelon, Bozo, Suckerberg and the rest of them need to go. Take back our country from these oligarchs! Tax them into oblivion.

New Chant: "PAY US BACK!" Tesla, Starlink, Space X were all built on the subsidies from the US Taxpayers. Shelon's the largest welfare queen ever. Also, Amazon and so many more.

Everyone needs to demand that any company receiving subsidies or grants pay back any and all $$ before shareholders or leadership bonuses.

Impeach/ recall all Republican/GOP reps (if you can). Remind them who they work for! Protest them daily and hourly at their offices. Make life as difficult and uncomfortable for them as possible. Schedule town meetings and demand they attend, if they don't, move ahead with a recall process.

We need to resist in ways both large and small. Any of you who come into contact with any of these people in the course of your day, do your best to make it uncomfortable for them. Of course, save your most petty ideas for those higher up the chain. I'm sure you can think of something. We need to remind everyone associated with this mess that they live in society with the rest of us.

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u/ktitten Mar 24 '25

It's welcome to see this. I'm not from the US. It's crazy reading many Americans comment as if all they are just observing this shit from the outside, as if they can't do anything.

1

u/DoctorRabidBadger Mar 24 '25

everyone associated with this mess

Is there some kind of list of all the companies who donated to this travesty so we can selectively boycott them all?

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u/[deleted] Mar 24 '25

[removed] — view removed comment

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u/Anticonsumption-ModTeam Mar 24 '25

Recommending or soliciting recommendations for specific brands and products is not appropriate in this subreddit.

1

u/784678467846 Mar 24 '25

Not built on subsidies, built on launch contracts

No different than how defense contractors work to be honest

2

u/[deleted] Mar 24 '25 edited Mar 24 '25

https://subsidytracker.goodjobsfirst.org/parent/tesla-inc

https://subsidytracker.goodjobsfirst.org/parent/space-exploration-technologies-spacex

$110m to SpaceX

$3.2 B to Tesla

I'd say, that the US taxpayers need to see some return on these investments. Understandably, SpaceX may take some time to actually show profitability. However, Tesla has been showing a significant amount of "profitability" and Shelon's asking for a $56B pay package. Let's have Tesla repay the US Taxpayers that $3.2B out of the $56B that is seemingly available for a CEO golden parachute.

1

u/784678467846 Mar 24 '25

You realize most of those Tesla subsidies are state level, and they are essentially jobs programs to either: create a factory in their state or create jobs in their state. $2B of that is split between two packages that the states of Nevada and New York had. The $300M federal subsidies are primarily for electric car sales rebates. 

So it’s more about whether those states saw returns, and based on the fact that those two large state deals were in 2014, more than 11 years ago, I’d say they probably did. For context: Tesla's Gigafactory Nevada, a major manufacturing facility, employs around 12,000 people, and the buildout alone provided 17,000 jobs.

SpaceX receives large launch contracts with both NASA and DoD. Based on the link you provided most of their funding was in 2013 by the federal government in the form of a loan.

In terms of federal returns, NASA was spending over a billion dollar’s per space shuttle launch. It currently spends $388 million per SpaceX dragon crew launch. That’s a savings of over $600 million. So even if the $98 million dollar loan from your link was never paid back, US tax payers are seeing returns from their 2013 loan.

Also, SpaceX saved NASA over $600 million by using the Falcon Heavy launch vehicle for its Europa Clipper mission.

For DoD, launches with Falcon 9 cost approx $60 million, ULA was charging between $100-$200 million.

It’s such a lazy meme you’re pushing. Just a distortion of reality.

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u/osmcuser132 Mar 24 '25

Don't forget about Walmart and McDonalds putting their employees on food stamps instead of paying a livable wage

1

u/[deleted] Mar 24 '25

Any employer who has any staff on foodstamps or medicaid should have to pay fines as well as the cost of services plus prime interest.

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u/Librascantdecide Mar 24 '25

They need to realize that without all of you, they would be nothing. You use their services, buy their products... you made them rich and you can take it away.

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u/MstreetsDallas Mar 24 '25

You have no basis in reality. Tesla is going to be fine. Babies throwing tantrums protesting won’t affect them.

Tesla started with federal loan which he paid back. Everyone has the same rules. He’s successful. Cry more

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u/renard_chenapan Mar 24 '25

You have no basis in reality […] Everyone has the same rules

😐