Source: Technology Review
quote: You're right, what would Elon Musk do without the government loan? He would only have billions to fall back on. - See more at: http://www.dailytech.com/Article.aspx?newsid=30009...
quote: Once equilibrium is reached, expansion will start to occur as money is invested in those areas providing return
quote: Musk was almost broke in terms of tangible assets, and put everything he had into Tesla.
quote: If you end handouts, then everyone receiving one has to reduce the goods/services they buy with them, which means the businesses producing them lose orders and lay off even more people, who in turn reduce their consumption and the cycle viciously repeats.
quote: The free market is actively choosing to watch tens of trillions of capital earn negative real interest instead of building or buying anything, and it's done it for over four years. That is indisputable fact, not opinion. Think about how absurd that is for a moment.
quote: Capitalism is making a cry for something more to build, and nothing in the free market is giving it to them.
quote: Building something when demand is low or nonexistent, just for the sake of it, is crazy.
quote: Even in a great economy, Tesla's market is TINY!
quote: it's the government keeping us afloat instead of pulling us down