Is Tesla a Good Bet for Taxpayer Dollars?
BusinessWeek | 2009-01-19 16:01:17
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Tesla Motors has defied skeptics by delivering an electric sports car many said would never see a showroom. But to develop a sedan with broader appeal and get a battery plant up and running, Tesla says, it needs $450 million in loans from the Obama Administration. That raises a thorny question: Are taxpayer dollars earmarked for green technology best gambled on small startups such as Tesla or big but troubled players including General Motors (GM) and Ford (F)?</p><img src="http://admatch-syndication.mochila.com/images/ad.gif?aid=40624973&bid=informcom" /></div><div id="copyright"><div>
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