Re:Tesla Was Cash Flow Positive Last Week, CEO Musk Says
by cadlin on Wednesday December 05, 2012 @12:19PM
(#4877253)
Ford received a loan that was an order of magnitude larger than what Tesla received. You're arguing from your biases and not from facts.
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Re:Tesla Was Cash Flow Positive Last Week, CEO Musk Says
by slapshot on Wednesday December 05, 2012 @12:53PM
(#4877478)
Ford did not receive any "bailout" funds, either as equity or debt.
"As the only one of the U.S. Big Three that didn't accept the offer of a federal-government bailout in 2009, Ford [relied] instead on its own huge bet on its future financed by private capital and led by CEO Alan Mulally"
http://www.brandchannel.com/home/post/2012/10/26/Ford-Europe...
Re:Tesla Was Cash Flow Positive Last Week, CEO Musk Says
by Dylan16807 on Wednesday December 05, 2012 @01:06PM
(#4877559)
That's right, ford didn't get a bailout, they got the exact same loan Tesla has, but theirs was bigger.
Re:Tesla Was Cash Flow Positive Last Week, CEO Musk Says
by twoodfin on Wednesday December 05, 2012 @12:56PM
(#4877501)
Good point.
https://lpo.energy.gov/?page_id=43
I'm confused by the criteria described at the bottom of the page:
In order to be financially eligible for an ATVM loan, an applicant must be financially viable without the receipt of additional federal funding for the proposed project.
Would Tesla really have been financially viable without this loan?