Monkey See. Monkey Do.
While bankrupt GM, Chrysler and Fisker managers practically doubled their salaries via bonuses and benefits using taxpayer bailout funds from 2011, bankrupt Tesla Motors needed only 90 days to burn through $35 million of their Obama-awarded $465 million taxpayer-funded bailout.
Obama to Tesla CEO, “Now buy yourself a mansion, after you donate $100,000 to my re-election campaign, just like bankrupt Solyndra.”
It must have been the internal CEO fighting and hemorrhaging bank account – from trying to sell a $92,000 electric car that costs $140,000 to ‘produce’ – that made Tesla Motors the perfect addition to Obama’s money laundering portfolio…
Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout
(Breitbart) Taxpayers footed the bill for a $465 million loan to troubled electric carmaker Tesla as part of President Barack Obama’s “green energy” stimulus. But Tesla’s CEO Elon Musk is now riding high with the purchase of his new $17 million mansion.
Mr. Musk’s 20,248-square-foot hilltop mansion boasts breathtaking views, a two-story library with rolling ladder, a home theater, and a five-car garage to house his taxpayer-subsidized, pricey Tesla vehicles.
In September, the New York Times reported that Tesla had burned through cash and missed production targets, raising “questions about the long-term viability of the company” and igniting “ criticism of the government’s energy loan program, which has been heavily promoted by the Obama administration.” But Tesla says it has begun making payments on its government loan ahead of schedule.
Mr. Musk donated over $100,000 to Mr. Obama’s 2012 campaign.
Tesla produced 359 cars last quarter.
Amerika’s god of ‘green‘ energy…
Tesla Motors awarded $465 million in taxpayer funds, loses $35 million in 3rd quarter: HERE
Solyndra ‘Green’ executive: $100,000+ in Obama donations and 20+ White House trips: HERE
What happens to all of the expired hybrid batteries? They kill Mexicans: HERE
Government Motors stops investigating itself over Chevy Volt fires: HERE
Government Motors blames media for low Chevy Volt sales and 1300 employee layoffs: HERE
ObamaGenius, ‘Since my Chevy Volt won’t sell, I’ll penalize Americans $2,500 more per vehicle: HERE
Chevy Volt Fires!: HERE
Wow! 281 Chevy Volts sold just last month – thank you Mr. Obama!: HERE
*hitty *hitty Bang Bang: HERE
GM recalls 154,000 Chevys: HERE
Taxpayers – $7,500 on the hook for every Chevy Volt sold: HERE
Obama administration bought 1-in-4 GM hybrids sold: HERE
Boldface lies about GM service and warranties: HERE
Chevy Volt commercial – as it should be: HERE
The God of ‘green’ energy promises taxpayer funds for more green energy failures: HERE
Jesse Jackson, ‘We need more stimulus’: HERE