Car enthusiasts everywhere are probably excited to see that the Obama Administration has lent out $500 million for Tesla to develop its new Model S. My question to you guys is, do you feel that the Obama Administration is blurring the line between private industry and government, or is this a much necessary infusion of capital into the Car industry? Is this really a benefit for science (more eco-effecient cars on the road = less CO2) or is this a loan to save the auto-industry under the guise of environmental protection? [Article]
Tuesday, June 23, 2009
Obama loans $500 million to Tesla, denies my request for Ham sandwich...
Car enthusiasts everywhere are probably excited to see that the Obama Administration has lent out $500 million for Tesla to develop its new Model S. My question to you guys is, do you feel that the Obama Administration is blurring the line between private industry and government, or is this a much necessary infusion of capital into the Car industry? Is this really a benefit for science (more eco-effecient cars on the road = less CO2) or is this a loan to save the auto-industry under the guise of environmental protection? [Article]
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