Comments on: Ford, Nissan, Tesla all to get Energy Department loans

By: mutuelle

mutuelle — Thu, 05 Nov 2009 22:51:59 +0000

I think this should have been a lot earlier… but it’s not too late and i hope things will be able to change regarding this industry.

By: mutuelle

mutuelle — Tue, 06 Oct 2009 11:19:50 +0000

@ajira “financially viable” that’s always the question

@Matt Burns ???

By: Tesla turned a profit! Celebrate!

Tesla turned a profit! Celebrate! — Fri, 07 Aug 2009 23:46:22 +0000

[...] are looking rosy for the company. They got a fat loan from the government, they’re coming out with two new models (the Model S and the Roadster [...]

By: ajira99

ajira99 — Tue, 30 Jun 2009 23:27:55 +0000

And Tesla is “financially viable”? Spare me! The government would be better suited by giving the money to the X Prize foundation, universities, or even individual entrepreneurs. You’re more likely to get a decent performing car that an average consume could afford to buy, and still advance the technology that way.

By: Jordan

Jordan — Wed, 24 Jun 2009 16:09:11 +0000

Taxpayers do not have unlimited funds — but the government continues to spend money like it’s their own pocket book.

When capitalism’s business cycle veers into discomfort (unemployment, slowing sales and borrowing, etc.) — the State (government) now suppresses recession with monetary policy (making money cheap and abundant) and fiscal policy (quantitative easing, injections of liquidity, stimulus programs, etc.) so nobody feels pain. But the problems are still there, just hidden for a time by the bailouts. They will continue to grow until another bailout is needed (e.g. Chrysler).

Capitalists and those that embrace the free market reject this narrow notion for many reasons. Chief among them is that fact that experience and progress is the byproduct as we surmount difficulty. The Marines say, pain is weakness leaving the body. These downturns are inefficiencies leaving the system. These loans will be used to prop up inefficient systems. Nobody truly learns. Nobody truly grows. Nobody progresses.

–

Stop the paronioa: You do not need to boycott car manufactures that accept bailouts. Capitalism thrives when you make a decision that fits you. You should find the car that you want — and that meet the criteria important to you. Car manufacturers that accept bailout money will be required to add inefficiencies to their business model and are at a disadvantage to produce the car that meets your needs the best. You should make car manufacturers and dealers compete for your business.

So if you are thinking about a car, check out this process on this blog: http://excarsalesman.typepad.com/

By: mutuelle

mutuelle — Wed, 24 Jun 2009 09:06:30 +0000

I think it was a good point from the government many of my friends work on one of the listed companies.

By: bob woods

bob woods — Tue, 23 Jun 2009 23:58:13 +0000

The only auto companies to receive funding from government should be TESLA and companies (USA) like them. Protectionism are you joking?? Seems TESLA is the only company DELIVERING A PRODUCT that we so desperately need NOW. Sorry that TESLA is an AMERICIAN COMPANY, but then again, when AMERICIANS are forced by whatever, seems our true nature comes to light before any other country. So lets reward US, and leave your politically correct protectionism where it belongs, NOT in the USA.

By: استضافة

استضافة — Tue, 23 Jun 2009 18:52:49 +0000

woooooooooooooow

thank you

By: Ankit Gupta

Ankit Gupta — Tue, 23 Jun 2009 15:14:03 +0000

“We just hope, as taxpaying US citizens, that there is a requirement that the funds will be used to employee Americans who are building cars and parts for the American market.”

Are you suggesting protectionism?

By: Ford, Nissan, Tesla all to get Energy Department loans - Crunchgear.com — Buy Here Pay Auto

Tue, 23 Jun 2009 14:42:14 +0000

[...] here to see the original: Ford, Nissan, Tesla all to get Energy Department loans – Crunchgear.com tweetmeme_url = [...]