Tesla Motors Inc Praised By Republicans Who Once Criticized It

0
Tesla Motors Inc Praised By Republicans Who Once Criticized It
Blomst / Pixabay

Tesla Motors Inc (NASDAQ:TSLA) is being praised by Republicans who didn’t have great things to say about the company in the past. The electric car maker has successfully adopted the green technology and federal stimulus loans, both of which were hated by Republicans. Previously, the Republicans thrashed Tesla by saying that it is utilizing $465 million in taxpayer money to build cars for the rich.

Tesla gets Republican support

Previously, Sarah Palin said that the car manufacturer is an apt example of “crony capitalism” and Mitt Romney called the company a “loser.” The situation is now entirely reversed as the party leaders are singing the praises of the company to attract a larger number of voters, says a report from SF Gate by David R. Baker.

This Multi-Billion Dollar Energy Fund Is Benefitting From The Recent Market Volatility [Exclusive And In-Depth]

EnergyHITE Hedge's alpha-only funds returned 0.62% for the second quarter, bringing their first-half returns for 2022 to 8.5%. The funds have grown their assets under management to more than $725 million as of Aug. 1. The firm has added about $200 million in assets since the beginning of the year, moving it closer to its Read More

In recent weeks, Tesla Motors Inc (NASDAQ:TSLA) attracted leaders such as Florida Senator Marco Rubio, Texas Gov. Rick Perry and Fox News commentator Bill O’Reilly.

“Everybody on the planet should be rooting for Tesla,” O’Reilly said on his March 31 show. “I mean everybody, even the traditional car compani