Re:Tesla investor Steve Jurvetson drives off in the first Mo...
by redorb on Thursday June 07, 2012 @11:28AM
(#4079438)
A friends dad once told me he wasn't responsible for his credit card debt because the companies kept sending him credit card offers. I believe in personal responsibility. Let the government do what it does best.. Schools, prisons (I dont like the privatization of prisons), streets, highways .... But I wish they would stay away from business loans
Re:Tesla investor Steve Jurvetson drives off in the first Mo...
by srik on Thursday June 07, 2012 @11:23AM
(#4079415)
There's more to the loan than meets the eye. Do listen to Musk's short explanation here - http://www.youtube.com/watch?feature=player_detailpage&v...
Keep in mind, Tesla is at the very beginning of the adoption curve for electric cars. When I was a kid, in 1984, my dad bought a CD player for $1K. It was an expensive "toy" for rich people. I'll spare you the rest of the story.
As for the government backed loan, I blame the government, not the corporations that take it.