There are three significant problems with these battery-powered cars. First, the regular citizen making $40k a year...isn’t about to put out $50k for this type of car. It’s for a computer geek who is making $70k-plus. Second, in California....you tend to drive 50-plus miles a day, so you need a place to recharge. I don’t many companies or bosses offering free electricity, so you need a meter, and you need to buy your power. Third, and final...forget about cross country trips or even 800-mile trips. So you have to have a second car for real travel.
This is the most egregious corruption I have ever witnessed in American politics.
A small plane that crashed in East Palo Alto last year, killing all three Tesla Motors employees onboard, had its propellers and engines operating normally before it hit a transmission tower and plummeted in pieces into a residential neighborhood, a federal investigative report found.
The report by the National Transportation Safety Board cites recordings made by a police gunfire detection system, which captured the plane’s final moments, in concluding that “both engines were operating near full power.”
The federal board also said both the plane’s propellers had been recovered and that “no indications of propeller failure prior to impact were found.”
Read more: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2011/10/11/BAD11LG4PP.DTL#ixzz1b1xzdT4j
We all know this was money laundering.
Obama gives taxpayer money to big donors who give some of that money back to the Obama campaign.
The tax money is gone. Some donations were made.
However, the good news is that with all the attention, some of the donors may think twice before giving money to Obama for fear of being charged with corruption and fraud.
We must keep the pressure up and the intensity in the media so these donors are scared to give the tax money to Obama’s campaign.
1. Received $529 million U.S. government loan2. Vehicles built in Finland
3. Company backed by Al Gore
4. Vehicle cost = $89,000
Not only is Tesla a complete boondoggle and a sinkhole of money, it is also occupying the space in the market where a real electric car company should be.
Tesla is sucking up all of the money, and producing nothing but press releases and vaporware. If Tesla did not exist, that money might actually go to a real company with a real business plan to produce real electric automobiles. But none of that can happen as long as Tesla dominates this segment.
The government should never pick the winners and losers. Individuals in the marketplace deciding who to give money to might take some time but the outcome will be accurate. Trust the invisible hand. Central planning always fails.
Subsidizing feel-good toys for rich people doesn’t seem like a good use of government money — except in the minds of Democrats.
The federal government subsidized passenger ships for a while. that is until the private sector did it faster and better AND it could not be denied.
This is about bankrupting us so we can’t defend our borders.