CA was a great state at one time. It is now run by adolescents in Sacramento. If Prop 30 passes, just stand back and watch the exodus. Remember this $10 million when CA comes hat in hand for more Federal money, on top of the $12 billion they already owe DC for borrowed and paid out unemployment benefits.
But why on earth a private company keeps asking free money if they can prospect private investors to invest. TSLA seems to be running a business model that relies on gov't subsidies. And now getting desperate that they even go after $10MM chunk.
It reminds me way back when Clinton spent $hundreds of millions$ so US can manufacture LCD. All of the companies that got the money went bankrupt. To this date, we still can't manufacture LCD even though we invented it.