4 ms·
Of course the companies most reliant on the money are still reporting net losses. If they weren't reliant on money it'd be because they were turning a profit. S
by swsieber 11y ago
Of course the companies most reliant on the money are still reporting net losses. If they weren't reliant on money it'd be because they were turning a profit. So perhaps a more succinct and accurate statement is that you have a problem with government investments in long, as-of-yet unprofitable (earnings) companies. You don't like the long-shots that take a long time to potentially mature. And I probably wouldn't either if they were near my town.
- alexmarcy 11y agoI'm not against long-shots that take time to mature, as long as those are part of a diversified investment portfolio. The legislators gave up or severely decreased tax incentives to other industries to make up the gap. Could Tesla be worth all of that in the long run? Possibly, still, I think it would be wise to continue to invest some of the money in other ventures rather than putting it all in on Tesla.