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re: Chevy Volt doesn't like winter

Posted on 1/3/14 at 4:45 pm to
Posted by upgrayedd
Lifting at Tobin's house
Member since Mar 2013
134887 posts
Posted on 1/3/14 at 4:45 pm to
quote:

On the other hand, even though we had to go through Solyndra, at least we got Tesla. It's been standard operating procedure since the founding of this country. You bet on some companies, and just hope that most of them make it.


Unfortunately, for every Tesla (which I'm not sure what the return on investment is on that company), there are 5 or more Solyndra's, which is still a big net loss.

Not a Romney fan, but he was right when he said Obama always picks the losers because he and his people don't know how to evaluate companies, products, and markets
Posted by dewster
Chicago
Member since Aug 2006
25398 posts
Posted on 1/3/14 at 4:49 pm to
Tesla shareholders are apparently good friends of the administration to get that kind of corporate welfare.

In an ironic twist, there are rumors that GM and Toyota are both kicking Tesla's tires and may purchase the company.
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