Posted on 08/09/2015 10:29:21 AM PDT by SeekAndFind
Thats ok they will make it up on volume
That Musk guy is a genius! (at stealing taxpayer money)
It’s OK, losses don’t matter, as long as Democrats are in charge!
This guy is taking investors, taxpayers and buyers for a ride. I guess, though, it is an “electric” ride.
It’s not like it’s Tesla’s money.
Beat me to it.
Well because its an electric car liberals are OK with it. Next step will be federal subsidies to Tesla.
Tesla should function as any other car. Meaning, the free market should determine if there is demand for these vehicles. The market should decide if Tesla can stay in business and make a go of it.
If they can sell these cars and ultimately turn a profit for their investors, great. That’s what capitalism is all about.
Somebody needs to call the epa and report elon for polluting the air by burning money.
Musk isn’t losing money. The taxpayers who are being forced at gunpoint to finance his snakeoil-powered cars the only ones losing.
You ought to see the ride he’s getting just east of Reno. Batteries R Us.
Doesn’t begin to tell about the cost burden the scheme entails such as forcing taxpayers to subsidize via tax subsidies in the form of rebates and direct manufacturer subsidies.
Yep, the Musketeer sees the light at the end of his human tube boondoggle, and it does not look good. Time to ask for more taxpayer money.
I don’t believe that statement is accurate. You can not lose your money if you are not spending your money. The American taxpayer is losing $4k per car.
Musk should have did his startup in china. No short-sighted investors, no lazy stupid union members, favorable tax laws, and no bureaucratic red tape to hack through.
For the life of me, I can’t see how anyone would want to make anything in the US, when plenty of business friendly Asian and central American countries are around to do business in.
I was wondering when to short this pig. Probably missed the top.
Subsidies as a business strategy, stinks.
Billions in subsidies aren’t enough for them yet...
Interesting you mention China, as there have been reports China (and Toyota for that matter), reverse engineered the Tesla and found it’s probably a lot more than $4k per car Tesla loses. That’s why there’s no *cheaper* knockoffs being produced.
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