N!NJA writes "Two major themes of our time — the desire to achieve energy independence and the furor over public bailouts — have collided in the drama through swanky static


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share this: products. search now and save!search.live.com/cashbackelectricalfind local contractors carmaker Tesla. Late last year, a New York Times column whipped Silicon Valley innovators and bailout-weary taxpayers into a frenzy. Valley instructor and writer Randall Stross wrote that Tesla was hoping for jurisdiction money to produce its cars, which only the very wealthy could afford. It wasn't exactly true, since the loan was intended to produce the $50,000 Model S sedan, not the $109,000 Roadster. Still, Stross called it a risky, waste of taxpayer money that would only benefit the wealthy and bailout VCs who'd sunk money into the money-losing company. Never mind, Tesla has ripe two cars on less than $200 million — compared to the $1 billion General Motors spent third world nation the now-deceased EV1."

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