12-03-2008, 07:27 PM
I personally do not care if it is repackaged existing tech, apparently it matters to davester. But it is not innovative in the big "I" type of innovative that is likely to create or greatly (or even more than slightly) change a market. Tesla could expand, but it has taken over $100 million in investment money to get to the point where they have sold a few hundred cars starting earlier this year. Have they passed a thousand yet? The Korean companies had the advantage of government and cultural organizations to back them while building up their industry. The Chinese ones will have the same. As for bailing out GM, the discussion started with whether we should nationalize them. I don't favor that, the current situation definitely does not call for that. As for bail out, maybe, if the terms are right for us as a country. Or are you advocating that we put our tax money into Tesla instead?