Tesla success shows what a bad investment the GM/Chrysler bailout was

Philip Greenspun: Consumer Reports has rated the Tesla sedan the best car that they’ve ever tested (list). Tesla has a market capitalization of about $14 billion (July 22, 2013). According to Wikipedia, Tesla seems to have required about $1 billion in debt and equity funding. The GM/Chrysler bailout required roughly $85 billion in taxpayer funds … Continue reading Tesla success shows what a bad investment the GM/Chrysler bailout was