obama chevy volt looks like a lemon gm government motors sad hill news

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.

More: HERE

Amerika’s god of ‘green‘ energy…

obama alfalfa omega green energy god of all things sad hill news-1

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

 – Chevy Volt, ‘The People’s Car’: 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 soldHERE

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

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10 Responses to Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout

  1. troy says:

    To bad nobody wants to acknowledge that the DOE loan was from a program that GW Bush enacted…not Obama, or the fact that Musk has plenty of money to buy a house…he is a billionaire after all. Everyone assumes that just because he got a loan from the gov for Tesla that he used some of that money and went and bought a home . Tesla is paying back that loan, why doesn’t everyone focus on the companies that actually have failed from Obama’s green energy plan, and wasted precious taxpayer money…as far as the Tesla is concerned, they have NOT failed yet so give them some credit.

    • troy says:

      i just realized this website was satirical lol but parts my comment still applies =D

    • nubwaxer says:

      the alternative would be a private equity deal like mitt was so good at--borrow so much money that it bankrupts the company and make a huge commission for the destruction.

  2. [...] Bankrupt Tesla CEO buys $17 million mansion after receiving $465 million taxpayer-funded bailout: HERE [...]

  3. nubwaxer says:

    nice try, but totally bogus hit job. the fact is that tesla has a ten year loan they will pay back within five years.
    http://www.teslamotors.com/blog/early-repayment-tesla%E2%80%99s-atvm-loan

  4. [...] that money has done nothing but line the pockets of his contributors? Those are good questions. Bankrupt Tesla CEO Buys $17 Million Mansion After Receiving $465 Million Taxpayer-Funded Bailout | S… bankrupt Tesla Motors needed only 90 days to burn through $35 million of their Obama-awarded $465 [...]

  5. JJ says:

    Tesla took advantage of a government tech loan program. They never needed a bailout. Not to mention, Tesla completely paid back the loan already. Something the big automakers who did take a bailout still aren’t close to doing.

    Do some fact checking before your next article. Elon Musk is one of the most pro-human individuals in the world. Tesla, Space X, and the hyper loop will mankind to a level that none of the major automotive companies, let alone most american companies, have any interest in doing outside of extracting money from us.

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