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Elon Musk reveals Former President Barack Obama’s relationship to Tesla, Change everything!
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Elon Musk reveals Former President Barack Obama’s relationship to Tesla, Change everything!
Elon Musk is popular with his remarks to all the US Presidents. Elon Musk said it’s time for Donald Trump to ”sail into the sunset,” ”Joe Biden is a damp puppet in the human form” and Elon Musk called out an old Clinton campaign tweet as a ”hoax”.
So do you wonder how Elon Musk commented on Former President Barack Obama? And how is Barack Obama’s relationship with Tesla?
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In the past, Tesla once fell into a crisis to near bankruptcy. It is said that, at that time, Tesla received a “rescue” from the Obama administration, from which everything changed.
However, let’s listen to Elon Musk’s opinion.
”The federal government came through with almost $500 million in terms of a loan to your company, part of the federal program to support alternative energy companies. Does that save Tesla could you have survived without it?
We could’ve been. Actually, there was an investment that was necessary for us to survive but it wasn’t actually the federal loan.” (0:00 -0:21)
” What the government loan really did was it accelerated our progress, but it did not save Tesla.” (0:41- 0:47)
About a month after Barack Obama won the presidency, a cash-strapped Elon Musk clarified that Tesla Inc would have to delay the rollout of a less expensive electric sedan unless it got government support.
Elon Musk reveals Former President Barack Obama’s relationship to Tesla, Change everything!
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