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To: DesertRhino
REAL investors would have lined up to put money into it.

FYI, they have.

9 posted on 02/26/2013 6:02:24 AM PST by John Valentine (Deep in the Heart of Texas)
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To: John Valentine
Great. Then they will be paying that half a billion back real soon?

Gee, how much is that per car. Lets see — half a billion divided by 2000 cars. Do the math. Only in fantasy land would that be a good business prospect.

And guess what? The average person can't afford the damn thing.

Maybe the “investors” realize that it is a sweet deal when the taxpayers pay the bills. Its like free money because you just file bankruptcy if you can't pay the loan back. Just like Solyndra. And another half a billion is gone.

The whole electric car thing is a joke. It is an expensive ticket to no where. No one has mentioned that the electric car is powered by the power company which is in turn powered by nat gas or coal or nukes. A power distribution and power production system that is already maxed out.

What happens if everyone buys the snake oil and buy these cars and plug their Teslas into the “free” power grid? And what will the costs be to upgrade the power grid to accommodate electric cars? Trillions?

12 posted on 02/26/2013 3:02:11 PM PST by dhs12345
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