Macron calls Musk ‘an oversubsidized guy’, prompting retort

https://www.ctvnews.ca/world/article/macron-calls-musk-an-oversubsidised-guy-prompting-retort/

49 Comments

  1. Musk is in the pedo files, has gotten more subsidies than most then turned traitor to those that assisted him becoming the wealthiest man in the world. 

  2. I mean when your businesses wouldn’t exist without the government giving you very generous grants and handouts could you really argue otherwise?

  3. Why is this news ? Why are these people always in the news I mean musk especially, it’s exhausting

  4. StatementOk470 on

    So his response is: it’s only 1% of its value! But let’s not think about if it’s also overvalued.

  5. Was he talking about:

    i) his wealth (the son of an Emerald mine owner…silver spoon etc etc).
    ii) his ego (the hot air he produces could take the entire Space X project to the edge of the atmosphere).

    or

    iii) both

  6. Sleepiboisleep on

    Elon musk raped a women with epstine and his father. Not only is he a pedo but incest as well as

  7. I actually LOVE Macron for poking on these Billionaires. He is the only one that seems angry enough to do it.

    The rest of us are just afraid.

  8. Hating Musk is one thing, but for the record, Musk companies are actually some of the least subsidized in the world. Competitiveness is often created by brute force engineering innovations.

  9. Fair. Dude always had family capital to bet on many horses. He’s no genius, just a high flying gambler.

  10. True_Window_9389 on

    It’s a clever metric for Musk because it hides the dependence on USG funding. But current value to direct funding is arbitrary and hides the fact that Tesla and SpaceX wouldn’t exist without USG subsidies, credits and contracts. And same goes for xAI/Grok.

    His business model has always been to maximize money from taxpayers one way or another, rather than exist purely in private markets. Now, he can hide behind “valuation,” but that is based on how entrenched he is in the government, where investors know he has almost limitless revenue and investment from the USG.

    Musk is no different than the right-wing, antigovernment small businesses who make a bunch of money by supplying the very same government with $500 hammers or $30 nuts and bolts or $700/hour consulting, while condemning government waste. It’s only bad when *someone else* does it.

  11. He might have a point if Tesla’s value wasn’t completely detached from reality, and SpaceX’s valuation wasn’t completely opaque. 1% of either of those companies is a ridiculous amount of money.

  12. The Muskrat might be a little too comfortable. He’s not untouchable.

    [https://www.europol.europa.eu/media-press/newsroom/news/europol-supports-french-investigation-alleged-criminal-activity-linked-to-platform-x](https://www.europol.europa.eu/media-press/newsroom/news/europol-supports-french-investigation-alleged-criminal-activity-linked-to-platform-x)

    An investigation led by the French authorities is currently underway concerning the online platform X, in relation to the proliferation of illegal content, notably the production of deepfakes, child sexual abuse material, and content contesting crimes against humanity.

    They are being joined by the UK.

    [https://www.bbc.com/news/articles/ce3ex92557jo](https://www.bbc.com/news/articles/ce3ex92557jo)

  13. Why does he compare that with the valuation of companies…

    This is absolutely worthless when you see that Tesla is valued more than the 20 biggest automaker in the world combined, which makes absolutely no sense.

  14. If they are billionaires, why do they need government money to do business? Use the investors and your own money or borrow from the bank. No need for government money. Fuck them.

  15. Important-Design-169 on

    > “If you add up all the government funding Tesla and SpaceX have ever received, it is only about one per cent of the combined value of the companies,” he said.

    Yeah, b/c the overwhelming consensus is that Tesla is famously super-accurately valued…

  16. LOL comeon, using sentiment via market value as comparison. It’s a shit comparison, only tells me those with the biggest pockets are subsidizing Elon.

  17. billionaires love taking handouts, dodging tax, tax loop holes, moving money around, pedophilia, human trafficking, you know just billionaire things.

  18. Andovars_Ghost on

    He even tried to ‘subsidize’ his penis and that had just as bad of results as the business subsidies.

  19. Everything about him his subsidized. Every business, every ‘skill’, every friendship, even his ‘family’!

  20. Welfare queen, Elon Musk, complains to prolific pedophile that he can’t go to Pedophile Island to be a pedophile himself and calls other people pedophiles because he’s jealous he’s not a pedophile. Oh, and he’s smacked out of his face on horse tranquilizers. I miss anything?

  21. Well, of course, but Macron throwing shade is a bit ironic, eh? France as a secular, democratic and social Republic?

  22. Sounds like he can start granting some of it back then and not accept anymore. Im sure he wont have any problem with that…

  23. China pumps money into EV companies and they get world class leaders in record time

    the US pumps money into EVs and we get a rich man building his way out through a gordions knot of 10 different companies in 10 different technologies

    I get the need to shame the evil man but if I’m being real the problem is how bad we are at defining fraud and corruption.

  24. BioShockerInfinite on

    Tesla is subsidized to the point where it should be heavily tariffed by other countries the same way America tariffs Chinese vehicles for the exact same reason. Or better still, remove the subsidies and let Tesla be a business that exists on bootstrapping by its own merit.

  25. Alarming_Oil5419 on

    Got a whole lot of love for my French neighbours across La Manche. A lot less of the riding US dick going on.

  26. EINFACH_NUR_DAEMLICH on

    Musks response is not the flex he thinks it is. He’s basically admitting that his companies are over valued

  27. “Value of the company” retort by Musk is a weird misdirection, since their value is projected on multiple of current earnings.
    Tesla’s current price-to-earnings ratio is a mammoth **395**, so its value today is entirely based on its future promises (395 years forward of today’s earnings!)

    In 2024, regulatory credits as a share of Tesla’s net profit was 39%. In 2025, it was 52.5%!!

  28. Select-Handle449 on

    A proper retort would be that everyone knows Macron’s wife is a dude and that Macron is his bitch.