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Electric Car Maker Folds, Salinas (CA) Loses $500,000
KSBW Channel 8 ^
| July 18, 2011
| Amy Larson
Posted on 07/18/2011 3:14:37 PM PDT by keat
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Half a million dollars. In a city with the demographics of a Sunday afternoon flea market in Tijuana. Nice. Not like they could have used that money for anything else.
1
posted on
07/18/2011 3:14:44 PM PDT
by
keat
To: keat
The master con artists of a hundred years ago who invented the Wire and the Pigeon Drop and the Big Store would be salivating over the sucker potential of Green Jobs.
2
posted on
07/18/2011 3:18:47 PM PDT
by
Argus
To: keat
This is what happens when government hands out big bucks to people who don’t know what consumers want, and don’t know what they are doing... let alone competent enough to build a manufacturing plant.
“A fool and his money are soon parted”... This scriptural caveat INCLUDES TAXPAYERS!
3
posted on
07/18/2011 3:20:47 PM PDT
by
Safrguns
To: keat
Another unexpected disappointment.
4
posted on
07/18/2011 3:21:19 PM PDT
by
shove_it
(just undo it)
To: keat
Ryan outlined three mistakes he made while steering his company into a brick wall. All three reasons boiled down failing to generate enough capital
Good ideas attract money, free money attracts bad ideas...........
5
posted on
07/18/2011 3:23:02 PM PDT
by
PeterPrinciple
( getting closer to the truth.................)
To: keat
No doubt they had grand fantasies of the city becoming rich on the green economy and making them heroes. The idiots probably thought statues would be erected in their honor.
6
posted on
07/18/2011 3:24:16 PM PDT
by
cripplecreek
(Remember the River Raisin! (look it up))
To: keat
7
posted on
07/18/2011 3:25:39 PM PDT
by
Berlin_Freeper
("Don't Call My Bluff")
To: keat
--
Half a million dollars. --
Now that's some green!
8
posted on
07/18/2011 3:26:05 PM PDT
by
Cboldt
To: keat
Why did they name their planned cars the TRIAC 2.0 and the MOOSE? Why didn't they go with the HUMPSTER or the CRAPWAGON?
9
posted on
07/18/2011 3:27:16 PM PDT
by
JPG
(Palin '12)
To: keat
"To make the best clean commuter vehicles in the world; To manufacture with a radical sense of responsibility; To engage in deep transparency as an inspiration for new ways of doing business." A business plan straight out of Dilbert
10
posted on
07/18/2011 3:27:27 PM PDT
by
rocksblues
(Obama, the biggest liar in the history of American politics!)
To: keat
What an ugly piece of cr**. I’m betting it was never intened to succeed. Bet the boss and a few buddies got a nice paycheck though.
To: keat
Wonder what a public records request seeking the loan documents and analysis would reveal?
Cities should keep the library open and have running water & sewer disposal. ...
Being a feel-good lender is just not on the municipal job description, IMHO.
12
posted on
07/18/2011 3:29:16 PM PDT
by
pointsal
To: keat
Green Kool-Aid, anyone?
13
posted on
07/18/2011 3:29:41 PM PDT
by
Nervous Tick
(Trust in God, but row away from the rocks!)
To: keat
Considering it would probably take at least 10 million dollars to create an assembly line, this was a no go from the beginning.
14
posted on
07/18/2011 3:30:16 PM PDT
by
Jonty30
To: Cboldt
15
posted on
07/18/2011 3:36:27 PM PDT
by
az_gila
To: keat
City leaders wooed Green Vehicles to jump-start the sputtering local company and turn Salinas into an "electric valley."Salinas needs new leaders.
16
posted on
07/18/2011 3:36:44 PM PDT
by
FourPeas
("Maladjusted and wigging out is no way to go through life, son." -hg)
To: keat
Fail!
Why?
The “Car” is UGLY!
The “Car” is actually a motorcycle, but no fun to drive.
The “Car” is impractical, it has no range, no performance, no room for groceries or other goods.
The “Car” is SO DAMN UGLY!
The “Car” uses too many expensive to produce custom panels and glass, for what is really just golf cart.
The “Car” is an attempt to impose the “Green” agenda, resistance is NOT futile, bankrupt the watermelons each time they try to push this trash.
The “Car” is incredibly ugly, no matter how great it might have been in any other feature, if it’s UGLY it’s NOT going to sell.
I would not invest a nickel in anything so UGLY either!
17
posted on
07/18/2011 3:37:50 PM PDT
by
Loyal Sedition
(Loyal Sedition, often described as "To the right of Attila The Hun"!)
To: shove_it
Unexpected, you say? *drink* And, yes, ugly indeed (the "car", not you):
18
posted on
07/18/2011 3:38:41 PM PDT
by
Baladas
((ABBHO))
To: keat
Electric car company folds.
Shocking.
19
posted on
07/18/2011 3:46:31 PM PDT
by
762X51
To: keat
They plum ran out of juice.
20
posted on
07/18/2011 3:50:41 PM PDT
by
Shqipo
(I am the unofficial originator of the Mega-Bump! Only use judiciously.)
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