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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Lizzie Tudor who wrote (163118)11/9/2008 11:22:19 PM
From: John KoligmanRead Replies (1) of 306849
 
I voted for Obama. That said, you are still dreaming if you think Tesla has a good chance of making it as a car company. Before putting me down over this every time I post about electric cars, why don't you do some research on the success rate of 'new' car companies over the past 50 years first? And then check out what it costs to 'create' an entirely new car. Tesla said they would start work on a 'new' sedan to be sold for 60k, which is now on the 'back burner' because they can't get financing. Elon Musk is shoveling in his own millions to try and get the first 1200 cars out the door. Not gonna happen, especially in this credit environment. IMO, at best if one of the major carmakers sees value in their technology they will buy it. As for private money, if they are so hot on Tesla why don't they put up the cash Tesla needs???
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