Here is the problem with GM, Chrysler and other companies. They depend on government loans, tax incentives and subsidies. They need them to exist, and without them none of the companies would have a slightest chance of success.

Besides the direct bail-out Obama gave GM & Chrysler when they were about to go under, the conventional car companies depend on a huge government subsidy called externalities. Cars depend on a vast road system whose cost is mostly paid for via income and property taxes. Conventional cars also impose huge external costs via pollution and car insurance.

If the implicit subsidies to oil-burners were to stop at the same time as the subsidies to Tesla, Tesla would be partying in the streets.