A windfall of government money
Elon Musk’s California companies— Tesla, SolarCity and SpaceX— have enjoyed at least $4.9 billion in government support.
TESLA MOTORS
Total: $2.391 billion $1.29 billion— Nevada tax incentives for Gigafactory
$45 million— Value of discounted Department of Energy loan
$90 million— California Alternative Energy and Advanced Transportation Financing Authority
$517.2 million— Sale of California and other regulatory credits
$284 million— Estimated value of federal income tax credits for eligible U.S. buyers of Model S sedans
$38 million— Value of California rebate for California buyers of Model S sedans
$126 million— California Self-Generation Incentive Program
$647,626— California job training reimbursement
SOLARCITY
Total: $2.516 billion
$750 million— New York State cost to build solar panel factory
$1.5 billion— Estimated value of 30% subsidy for solar installation since 2006, including at least $497 million in Treasury grants
$5.6 million— Oregon tax credits
and rebates
$260 million— New York local property tax exemptions
SPACE EXPLORATION TECHNOLOGIES
$20 million— Texas state and local incentives and rebates for space launch facility near Brownsville Sources: Staff research; Securities and Exchange Commission filings; Good Jobs First estimates of incentive value; California and New York state records; interviews with local and state officials in California, New York and Texas; estimates of discounted loan value from credit analysts; estimates of average solar installation cost fromthe Union of Concerned Scientists; estimates of Tesla U.S. car sales from IHS Automotive