Elon Musk has been entrusted with federal cost-cutting. Meanwhile, his businesses have collected a reported $38 billion in government funds—including millions loaned to Tesla when it was struggling - Fortune
Almost two-thirds of the $38 billion in funds were pledged to his businesses in the past five years, per the report.
By:Alena Botros
Source:Fortune
Published:

Related News

Trump Sues JPMorgan, Dimon for $5 Billion Over Alleged Debanking - Bloomberg.com
President Donald Trump sued JPMorgan Chase & Co. and its chief executive officer, Jamie Dimon, for at least $5 billion over allegations that the lender stopped offering him and his businesses banking services for political reasons.
Bloomberg•David Voreacos, Hannah Levitt

NYC Bans Hidden Hotel Fees Ahead of World Cup Tourist Influx - Bloomberg.com
New York City is banning hidden hotel fees as a way to lower costs for visitors as the city prepares for an influx of tourists during the World Cup.
Bloomberg•Myles Miller

Abbott Dives 7% On Quarterly Upset As Exact Close Looms - Investor's Business Daily
Abbott stock tumbled Thursday on a disappointing fourth-quarter report.
Investor's Business Daily