Billions = $465M. Repaid with interest. Another view on this...
https://electrek.co/2016/11/25/tesla-subsidies-big-three-oil-industry/
Musk and his shtick were effective for a number of years, but, IMO, that’s really not a thing nowadays. People are just interested in the cars, and If Musk completely burns out to produce them...oh well. I see Model 3s everyday here in SoCal. Not yet to the level of Model Ss, but still, a fair number. It shouldn’t be long before the cheaper (base) Model 3s are being cranked out of their factory.
Great comment, petrolhead611, about the Hyundai and Kia EVs. I’ve seen them around, but not to a great extent. I totally forgot about them.