Monday, March 30, 2009

Tesla, a model for the former "Big 3"

While the MSM goes on and on about GM failing, they seem to overlook the progress that Tesla Motors has been demonstrating with their fully electric cars. Their Tesla Roadster is still in high demand, even Arnold wants one and what's more is that GE Capital is investing in Tesla to the tune of $40 million. Chump change compared to what Congress is handing out these days, but it's still a lot of money. Imagine that, a private company raising money in the private sector to produce a product that the free market wants, and needs. If Congress would stop interfering with the free market, dino-powered auto makers like GM would be gone and Al Gore would be happy at last.

And no, I don't have any money of my own invested in Tesla, but unfortunately, Mr. Pallone and company in DC have invested plenty of my money in the BIG 3.

In case you're not in the market for a sports car like the Tesla Roadster, they have a full electric (not a hybrid) 4 door sedan in the works. And also, I know, I know... [angry guy]BUT US LITTLE PEOPLE CAN'T AFFORD THESE CARS!!!![/angry guy]. Of course we can't afford them, because our government is using our tax money to prop up failing companies who still make cars based on hundred plus year old dino burner internal combustion engine technology. The latest gas-electric hybrids are a marginal at best improvement.  When the first automobiles were being made, us little people couldn't afford those either - but with the rich folks like Arnold buying a Tesla and GE investing in the company and the failing of the big 3, the market for a US made, fully electric automobile would be wide open and Tesla is well positioned to move in to the role of #1 automaker.  Someone, maybe with a name like Henry, or Ford, might eventually figure out how to build something like an assembly line for full electric cars, that look cool and people want, and then us little folks will be able to afford such cars. This is how the free market should work, and in my humble opinion as an Average No One, it would be better for all of us if our government would stop interfering with the market.

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