

There's a lot of hoopla on the interwebs about the fact that Elon Musk, CEO of Tesla Motors, charged the company over $100,000 for the flights he took in his private jet to lobby the government for a half-a-billion-dollar low interest loan, which he eventually got from the DOE. But before you start with the hand-wringing, let me tell you a few things about the man.
First, that loan? It was part of a program called the Advanced Technology Vehicle Manufacturing Program. Considering Tesla makes the ONLY highway capable electric car in serial production, it's hard to imagine a better candidate for that loan. In addition, a lot of people credit him (even Bob Lutz, the guy responsible for bringing us the Chevy Volt) with proving to the big auto makers that manufacturing an all-electric car was feasible, which has led to a boom in the number of electric vehicles coming to market. That makes his impact on carbon emissions from cars practically
immeasurable. Not only that, but the car is faster than most Porsches. His salary from Tesla? $1. He has personally invested around $60 million in Tesla. He is CEO of two
other companies, Solar City and SpaceX, though he's not as involved with Solar City, but it completed the largest commercial solar installation San Francisco. SpaceX, which already has the NASA contract to shuttle goods back and forth to the Space Station, requires most of his attention and is far larger than Tesla and Solar City combined, with 900 employees. The goal of SpaceX is to provide low cost transportation for individuals into space. His office in SpaceX headquarters is a
cubicle. He's personally invested around $100 million in SpaceX. And don't forget to thank Musk every time you make a payment using PayPal, because he started that company from nothing.
Finally, the loan from the DOE was a low interest loan that was not required to keep the company solvent, and therefore wasn't a bailout. In fact, most of it has to be used to produce their next car, the Model S sedan. That's relevant because it shows the loan isn't a bailout. The company could go on making the Tesla Roadster (which generates a profit) forever. The loan is to speed up the time table on the lower-cost, broader-appeal sedan. So what are people so enraged about? Is it that he charged the company for his flights? The same company he gave $60 million to and from whom he collects 1 DOLLAR a year? Also, according to the New York Times he served as one of the inspirations for the Tony Stark character in the Iron Man movie, and will be making a cameo in Iron Man II along with his SpaceX headquarters, and Iron Man ROCKED... so point proven I think. And if you're asking what this has to do with religion... well I think he's an atheist... that's all I got.