Taxpayers footed the bill for a $465 million loan to troubled electric carmaker Tesla as part of President Barack Obama’s “green energy” stimulus. But Tesla’s CEO Elon Musk is now riding high with the purchase of his new $17 million mansion.
Here's a photo of the exterior of Musk's home in Bel Air, a 20,000-square foot palace equipped with wine cellar, tennis court, and pool.
Mr. Musk’s 20,248-square-foot hilltop mansion boasts breathtaking views, a two-story library with rolling ladder, a home theater, and a five-car garage to house his taxpayer-subsidized, pricey Tesla vehicles.
In September, The New York Times reported that Tesla had burned through cash and missed production targets, raising “questions about the long-term viability of the company” and igniting “ criticism of the government’s energy loan program, which has been heavily promoted by the Obama administration..."
Reportedly you can see the ocean from the terrace.
Coincidentally I'm sure, Musk donated over $100,000 to the Obama 2012 campaign.
And Tesla produced a grand total of 359 cars last quarter.
I've said it before and I'll say it again: when the complete history of the Obama administration is written, it will make the Teapot Dome look like a case of shoplifting.
Never have so few stolen so much from so many.
Hat tips: Sad Hill News and Lee.