To further illustrate Evan's point ...
Right at the start of the report ... second sentence: "Your tax dollars being used to help a rich inventor pay off his ex in a divorce settlement."
At about 2:35 "The only money he can depend on is this half-a-billion dollars from the feds." makes it sound like the "feds" are sticking it into Elon Musk's personal pocket ... (to pay his divorce settlement -- is implied).
At about 2:45 "... if half a billion tax payer dollars is going into paying for that IPO ... means my money is going into his divorce settlement"
Unless the federal gov't buys Tesla shares at the IPO ... like they "bought" shares in GM ... never mind ... not even worth dignifying with a response. Like Evan said ... the 465m is a Bush program and the specific Tesla LOAN GUARANTEES
were already approved in advance of the IPO announcement after a stringent review process. (Actually I think they are low-interest loans (not guarantees) being closely monitored and dished out in small increments for specific Model S and power-train development.) So the 465m has nothing to do with the IPO (which is NEW money from other sources). (Yes, ok, the loans from the feds makes for a more viable company and a prettier IPO.)