Without gov help Ford and GM would have gone bankrupt also. Not to mention the s... | Hacker News

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		rapsey on June 14, 2024 \| parent \| context \| favorite \| on: Tesla Releases Results of 2024 Annual Meeting of S... Without gov help Ford and GM would have gone bankrupt also. Not to mention the space industry entirely.

adwi on June 14, 2024 [–]

That doesn’t mean they’d have ceased to exist.

Likely shareholder equity would be wiped out and they’d reorganize. Isn’t the whole deal that investors get the upsides for taking the risks on the down?

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