Tesla requests U.S. aid for Model S Sports Sedan

The company is seeking $500 million dollars

Tesla Model S Sports Sedan artist rendering

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Motor_Yakuza

This is HOT.

December 10, 2008 2:00 pm

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1 reply

Motor_Yakuza

The car, not the request for money :p

December 10, 2008 2:06 pm

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Tuner_Mad

Stretched Telsa anyone?

December 10, 2008 2:14 pm

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AUDINICK

give it to them they need it to produce the first el. sports car.

December 10, 2008 2:29 pm

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car-o-bar

LOL...! Now I want to build a new electric car perceived to be eco friendly like the Prius. Govt if you do not give me I won't build it. I am serious, give me $500 million.

December 10, 2008 2:42 pm

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dmanero

On the one hand I say give it to them, they were one of the first to develop a true electric supercars and it does look good, but on the other hand I say no, the big three need all the money the government can spare to say out industry from bankrupcy.

December 10, 2008 4:53 pm

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Gajolen

Well if Ford, Chrysler and General Motors could get 15 billion dollars for not doing their job good enough, then why not give 500 mill to Tesla?

December 10, 2008 5:10 pm

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Wickedated

And this is why you dont give bailouts. Now every jerkoff will extend his hand to Uncle Sam. F Tesla.

December 10, 2008 5:38 pm

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2 replies

skychao

well if u dont give bailouts, the whole american car industry would crash and you would lose gm, ford and chrysler. beside i think tesla is a company that has potential. i highly agree with what they're doing because they're advancing the electric car technology.

December 10, 2008 6:17 pm

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Motor_Yakuza

It has a huge potential because it is something new, and it's easy to build reputation when u are a small company with great ambition then when ur a giant that bleeds all over, it's ok to save the not-so big three, but Tesla deserves a chance, sometimes we need a fresh new breed in the industry, and with the future being electric, this is a smart move.

December 10, 2008 6:40 pm

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helium4

@skychao let the thing fail. isnt that what capitalism is all about? the creation of innovation in a competitive environment? shame on the big 3 for failing at their own game and asking for a do-over......the are like: "Dear Loyal Americans, you probably wouldn't buy our crap cars....so we'll be taking your $25bn anyways." not so sure how i feel about directly supporting companies that spend more on lobbyists than on r&d.

December 10, 2008 6:44 pm

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1 reply

Motor_Yakuza

Yeah and is very capitalistic to give 700 bn $ to some greedy jewish bankers from wall street.

December 10, 2008 7:01 pm

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howe2002

Nice car! Unfortunately Big Oil doesn't like electric cars, and Big Oil runs the U.S. & most of the world. Where do you think the money is actually coming from? It is loaned at interest to the U.S. Gov't by the Federal Reserve which is a private U.S. corporation. Also, which is unfortunate, the Oil companies own most of the patents on battery/electric technology and will hold it close so the oil of this world stays scarce and people will pay for it. How will these giants make money if we all have solar panels & windmills producing electricity? Globalization is forming, designed to keep us all in debt. And for the Big 3 it's no different. Zeitgeist!!

December 10, 2008 7:07 pm

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eddie

I hope we do not loose track and continue with electric cars. Oil is cheap again like the 70's and it is easier not to change. Brazil made the change with ethanol in the 70's and they are energy independent. I would rather fund the future vs bailing out the old smoke stack Big 3. The Big 3 really does not have a product line vs the Southern domestic car producers. We should fund Tesla just like Solar, wind, geothermal etc

December 10, 2008 8:10 pm

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min

I do't understand.. just like small compeny get enrde 500 milline dolls..? non big 3 like GM ,Ceraisler

December 10, 2008 8:17 pm

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gmfan09

I say do it. One of the reasons that the Japaneses and Germany car companies are doing better than the American Big 3 is because their governments invested in them a lot more than the US government did in its car companies so I see that this could be a very good thing.

December 10, 2008 9:01 pm

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joelynn

outdated makers like GM and Ford who shouldn't be in the position they are considering their size and sales dont deserve the money, they're the past not the future. Tesla on the other hand is a forward thinking interesting company whose cars are cutting edge and will still be drivable in 50 years time... give them the money

December 11, 2008 8:32 am

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DeRay

I say don't give them the money.I you want a plant here then you build it. don't start production then ask us for money and say if we don't pay your not putting your plant here. They just got 40million which is more than the Big three got before and now they want money we aren't giving to our own companies. Kick Rocks. They need better management. Not money

December 12, 2008 5:06 pm

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