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In addition, the Energy Department granted loans to two small electric-vehicle start-ups, Tesla Motors Inc. and Fisker Automotive Inc. Tesla received $435 million and Fisker got loans totaling $529 million, the agency has said. Asked Wednesday if he was confident the Fisker and Tesla loans would be repaid, Mr. Chu was cautious. ‘I am very hopeful they can repay those loans,’ he said. ‘There are no guarantees in this world.’
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The Wall Street Journal (via I did make three amazing boys with on fantastic wife, however. rncresearch)
Don’t forget about the electric car scam “Coda” which directly takes American jobs and gives them to the Chinese, compliments of our dwindling tax dollars.
I guess I can be happy that Norinco will be making automobiles for wealthy Californians, along with it’s guns for middle eastern children.
