Taxpayers take 139 million dollar loss on electric car

[JustRalph]

http://t.nbcnews.com/business/government-loses-139m-loan-electric-car-maker-2D11644165

Just another in a train wreck of stories.

Note: this came out on a Friday......afternoon. Trying to hide the story again....

[DJofSD]

Is there a list of all of the BK companies with dollars lost since, oh, I don't know, 2008?

[witchdoctor]

I am surprised that it did that well.

[Robert Goren]

Are you sure you haven't mixed up your numbers? I thought that number was what Whizz lost in a week betting on college hoops.

[Greyfox]

The Affordable Care Act website cost $500 million and it doesn't work either.
Can you imagine spending $500 million on building a website??:rolleyes:
$139 million on an electric car pales in comparison.

[JustRalph]

Anybody familiar with the car? It was a badass ride........

[RaceBookJoe]

The Affordable Care Act website cost $500 million and it doesn't work either.
Can you imagine spending $500 million on building a website??:rolleyes:
$139 million on an electric car pales in comparison.

And the upper range that it was supposed to cost was $97M :bang:

[TJDave]

Anybody familiar with the car? It was a badass ride........

I've seen the car up close. Doesn't look like anything extra special. Carbon fibre body and solar cell roof. I've driven the Tesla roadster. That's a kick in the pants...Awesome acceleration.

[JustRalph]

Never seen it in person. Saw it reviewed on Top Gear

I thought it looked pretty good online