Despite its CEO railing against Biden, Tesla was more than happy to take the administration’s money.

  • inclementimmigrant@lemmy.world
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    3 months ago

    This is why I fucking hate government grants to corporations. These assholes never put in safeguards to actually force these jackass companies to actually use it as intended.

    • JustEnoughDucks@feddit.nl
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      2 months ago

      Government grants should come with government share % of the company.

      Or at least with heavy requirements and obligations like every government “grant” for normals people.

    • Buddahriffic@lemmy.world
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      2 months ago

      Infrastructure should be public anyways, so instead of giving grants to private for profit companies, it would instead use that money to just fund the infrastructure.

    • wizzor@sopuli.xyz
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      2 months ago

      Although I understand the sentiment, the instrument under which the funding has been granted is called NEVI and has pretty strict requirements about what gets built (150kW rated, payment terminal equipped charging stations along major roads) as well as transparency requirements about reliability.

        • AngryCommieKender@lemmy.world
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          2 months ago

          Looking at the several billion dollars that we gave the telecommunication companies over the last two decades for “nation wide high speed fiber infrastructure,” I would say the answer is not only yes, but we will keep giving them more money for the same damn thing.

  • Car@lemmy.dbzer0.com
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    3 months ago

    This shit can destroy companies and tank its value

    Leaving hundreds of contacts in limbo with no resolution has the potential to cost more than $17 million in legal fees and termination clauses.

    Where the fuck is the board of directors and why are none of the shareholders revolting?

  • NightAuthor@lemmy.world
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    2 months ago

    Had a friend turn down 4 internships when they got one at Tesla, and now, just as the summers coming up, they recinded a bunch of internship offers.

    But they’re crazy, after all that’s gone down w Elon they just bought a Model 3

      • BluesF@lemmy.world
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        2 months ago

        Don’t you basically have to have rich parents to even survive as an intern?

        • cole@lemdro.id
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          2 months ago

          wtf is that bullshit. interning is basically required experience in some fields (engineering especially). companies will usually pay for your housing and food even

  • NuXCOM_90Percent@lemmy.zip
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    3 months ago

    Stealing this from a comment on the restera threaad

    Internally employees left at Tesla are calling this the “Snap”. My friend was building over 10 new sites and breaking ground on 3 others. Contractors are getting fucked and have no one to contact. Overnight 100’s of sites with 100’s of contractors, design companies and suppliers working on them are just in limbo with not a single person from Tesla reaching out to them and their contact laid off. Lots of layoffs are going to be tied to this.

    Not only does this affect the building of new sites there’s now not a single employee that can perform maintenance at any of these locations.

    This is going to cascade across many companies and industries. Because this is basically taking a massive infrastructure effort and suddenly cutting off the management and production of specialized hardware.

    And, tinfoil, but this very much feels like an attempt to steal the election for republicans. Because this is going to impact the infrastructure efforts of the Biden administration AND cause a lot of layoffs among blue collar workers when they can’t send invoices or get paid because everyone they knew got fired. And you can bet there will be a social media shitstorm over “Biden is trying to steal money from my company” if there is any attempt to recoup the money that is being put into a giant reward package for musk.

    • Ioughttamow@kbin.run
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      3 months ago

      Maybe it’s time we nationalize our infrastructure. Railroads, telecom, electric grid. The capitalists have jerked us around nonstop

  • caboose2006@lemmy.ca
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    2 months ago

    There are two things Tesla and Elon has done well. Making EVs mainstream and cool. And the super charger network. Everything else. Bleh