Erik Heter

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Over the years, one criticism of Tesla has been that the company was “bailed out” or “subsidized” by the government in 2009. In fact, Tesla did not get money from the Treasury Department’s Troubled Asset Relief Program (TARP), commonly known as “the bailout.” Under that program, the government lent $18.4 billion to General Motors and Chrysler as they went through bankruptcy restructuring.
Elon Musk
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