Tesla: Bonfire Of The Money Printers’ Vanities
The Wall Street casino is now festooned with giant deadweight losses waiting to happen. But perhaps none is more egregious than Tesla—–a crony capitalist con job that has long been insolvent, and has survived only by dint of prodigious taxpayer subsidies and billions of free money from the Fed’s Wall Street casino.
Click the link for the full Tesla and "green industry" story. Sadly, I've seen comments here on the Gulch lauding Elon Musk as a brilliant entrepreneur. He's today's version of Orrin Boyle.
Click the link for the full Tesla and "green industry" story. Sadly, I've seen comments here on the Gulch lauding Elon Musk as a brilliant entrepreneur. He's today's version of Orrin Boyle.