06-26-2009, 12:56 PM
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#4
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Serious Business
Join Date: Nov 2008
Location: New York
Moto: 1993 ZX-11 2008 CBR1000rr
Posts: 9,723
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Quote:
Originally Posted by goof2
It is a drop in the bucket compared to the $25+ billion set aside for loans to promote alternative fuel vehicles. Hell, at least this money is going to a company based in America, unlike the $1.6 billion that is being loaned to Nissan North America to build a factory. The flip side is Nissan will most likely pay back their loan. I suspect the loan to Tesla will need to be written off once they declare bankruptcy in 5-10 years.
To put it in perspective though, I doubt Toyota could have developed the Prius if not for a loan from the Japanese government that I believe was estimated at $9 billion.
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good point on all counts
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Quote:
Originally Posted by Dave
feed your dogs root beer it will make them grow large and then you can ride them and pet the motorcycle while drinking root beer
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