SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: i-node who wrote (1004295)3/6/2017 3:54:05 PM
From: Wharf Rat1 Recommendation

Recommended By
rdkflorida2

  Respond to of 1575002
 
"Markets, if left alone, will take care of the problem, if there is one."

This is what the market does when left alone.



Smog settles over the George Washington Bridge in an America before the EPA.
twitter.com



To: i-node who wrote (1004295)3/6/2017 4:19:07 PM
From: Bonefish  Read Replies (1) | Respond to of 1575002
 
Tesla would likely be BK without subsidies. Still I'd like to see them succeed especially on their own.



To: i-node who wrote (1004295)3/6/2017 6:25:47 PM
From: PKRBKR1 Recommendation

Recommended By
i-node

  Respond to of 1575002
 
Tesla is a great example: Someone saw the opportunity, jumped on it, and has created a new industry from it. Of course, the government should not be subsidizing it as is evidenced by the backlog.

Tesla could not survive without subsidies and has only been extending the inevitable using sly tactics. The $1000 deposit for the upcoming car was ingenious as it gave them $400M more cash to blow through. They were also able to eke out a bit more time by merging with Solar City but both will be down the drain shortly.