{"id":1842548,"date":"2023-02-10T13:50:59","date_gmt":"2023-02-10T18:50:59","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1842548"},"modified":"2023-02-10T13:54:22","modified_gmt":"2023-02-10T18:54:22","slug":"john-podesta-awards-2-billion-govt-loan-to-former-head-of-tesla-to-compete-with-elon-musk","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/john-podesta-awards-2-billion-govt-loan-to-former-head-of-tesla-to-compete-with-elon-musk\/","title":{"rendered":"John Podesta Awards $2 Billion Govt Loan to Former Head of Tesla to Compete with Elon Musk"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">34<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fjohn-podesta-awards-2-billion-govt-loan-to-former-head-of-tesla-to-compete-with-elon-musk%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1842548&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2023\/02\/John-Podesta-Awards-2-Billion-Govt-Loan-to-former-head-of-Tesla-to-compete-with-Elon-Musk.jpg\" class=\"ff-og-image-inserted\" alt=\"image\"   style=\"display:none\"><\/div>\n<div class=\"elementor-widget-container\">\n<p><strong>John Podesta awarded $2 billion to a former Tesla head to help him compete with Elon Musk.<\/strong><\/p>\n<p>It was reported that Podesta, who had been fired from the head of a government venture, was to take over as CEO. <a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/statements-releases\/2022\/09\/02\/president-biden-announces-senior-clean-energy-and-climate-team\/\" target=\"_blank\" rel=\"noreferrer noopener\">Select<\/a> As President, Clean Energy Innovation and Implementation.<\/p>\n<p>Podesta was given to <a href=\"https:\/\/www.dailyfetched.com\/podesta-returns-to-white-house-will-help-biden-spend-370bn-on-green-energy\/\">Oversee<\/a> The Inflation Reduction Act includes climate change provisions worth $370 billion.<\/p>\n<p>Former White House advisor, he is currently the chair of the Board of Directors for the Center for American Progress. He founded it in 2003.<\/p>\n<p>Redwood Materials, a U.S.-based company that makes battery materials, was founded by Tesla cofounder J.B. Straubel. The conditional approval of a $2B loan from the U.S. Department of Energy for domestic production has been granted, The Gateway Pundit <a href=\"https:\/\/www.thegatewaypundit.com\/2023\/02\/corrupt-john-podesta-gives-2-billion-government-loan-former-tesla-employee-compete-elon-musk\/\" target=\"_blank\" rel=\"noreferrer noopener\">reported<\/a>.<\/p>\n<p>Bloomberg<a href=\"https:\/\/archive.ph\/EC6u6#selection-4463.169-4463.176\" rel=\"sponsored nofollow\"> Reports<\/a> the DOE\u2019s Advanced Technology Vehicle Manufacturing program, which helped Tesla develop its signature Model Y, is funding the loan.<\/p>\n<p>The program\u2019s lending limit soared to $55 billion by President Joe Biden\u2019s signature Inflation Reduction Act (IRA), almost four times its previous level.<\/p>\n<p>Podesta\u2019s project is already expected to cost billions more.<\/p>\n<p>But the slew of new investments nearly quadrupled the projected cost of the tax credits, from the Congressional Budget Office\u2019s initial estimate that the program would cost roughly $30.6 billion over the next ten years.<\/p>\n<p>Private analysts estimate that the program will cost $136 billion in the next ten year, with the possibility of an increase if new projects become public.<\/p>\n<p>Podesta and his deep-state cronies don\u2019t like Elon Musk; that\u2019s pretty obvious.<\/p>\n<p class=\"has-text-align-center\"><strong>READ MORE<a href=\"https:\/\/www.dailyfetched.com\/bill-gates-claims-confronted-over-flying-on-private-jets-claims-hes-not-part-of-the-problem-2\/\"> Bill Gates Confronted over Flying on Private Jets, Claims He\u2019s \u2018Not Part of the Problem\u2019<\/a><\/strong><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>John Podesta awarded $2 billion to a former Tesla head to help him compete with Elon Musk. It was reported that Podesta, who had been fired from the head of a government venture, was to take over as CEO. Select As President, Clean Energy Innovation and Implementation. Podesta was given to Oversee The Inflation Reduction &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1842551,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[547],"tags":[9497,6978,4249,4797,5639,4475,8248,4250,9408,6734],"class_list":["post-1842548","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-bongino-report","tag-awards","tag-compete","tag-elon","tag-govt","tag-head","tag-john","tag-loan","tag-musk","tag-podesta","tag-tesla"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1842548","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1842548"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1842548\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1842551"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1842548"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1842548"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1842548"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}