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Re:We have socialised the risk of innovation but privatised ... by roymurdock on Sunday March 08, 2015 @11:57PM (#9168952)
Do subsidized projects such as Tesla earn any returns for the government?
Re:We have socialised the risk of innovation but privatised ... by reagan83 on Monday March 09, 2015 @12:34AM (#9169091)
Yes, but with low margins. The $465m DOE loan extended to Tesla was repaid, almost a decade before the maturity date, with an effective interest rate of 2.6% (approx $12m).
Re:We have socialised the risk of innovation but privatised ... by philwelch on Monday March 09, 2015 @11:33AM (#9171432)
Presumably, there is also the public good of having more electric vehicles, which was the rationale for such subsidies in the first place.