Re:Tesla Beats Delivery Forecast with 52% Quarterly Surge
by gitah on Thursday July 02, 2015 @03:32PM
(#9821069)
That's the difference between loaning money and buying equity in a company.
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Re:Tesla Beats Delivery Forecast with 52% Quarterly Surge
by ElComradio on Thursday July 02, 2015 @03:34PM
(#9821078)
We should have insisted on owning a stake, given the risky nature of the loan, and the size, at the very least.
Re:Tesla Beats Delivery Forecast with 52% Quarterly Surge
by kbenson on Thursday July 02, 2015 @03:41PM
(#9821128)
Large government loans to big industries are not uncommon. Ford secured a 5.9 billion dollar loan from the government in 2009 (not a bailout, a loan to retool factories).
Re:Tesla Beats Delivery Forecast with 52% Quarterly Surge
by ElComradio on Thursday July 02, 2015 @09:08PM
(#9822796)
That's not right either, but at least it's less wrong, as Ford had a far greater chance of repayment.
Government just should not be making loans like this to private entities at all.