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Who Should We Show The Money To?

by Eric Miltsch on 12/01/2008 · Comments

Here’s my quick take on Loren’s video – seeing that he probably won’t publish my comments:

Loren,

The new (potential) players in the car business need a shot in the arm for a chance to open competition and give the consumer more choices. And, it doesn’t matter if its for players like Tesla or the other companies with “alternative fuel” options being developed.

You say that Tesla doesn’t have a track record. They have a working car on the road. Track record enough for me and that’s farther than any other car company has come in a long time. Regardless of their car experience, its a kick-ass car.

GM has a track record and blows out more than a BILLION DOLLARS a month. To take a page from YOUR book – its simple: “Spend Less Than You Take In”  [err...or something like that)

I don't believe Tesla needs "bailout" money per se` - and I don't believe the Big 3 deserve a dime unless the core processes are ripped apart from the bloated belly of the industry.

The industry needs major changes with regards to their union structures, health care costs and most importantly, more profitable sales and distribution strategies. (the current consumer buying environment needs an overhaul.)

Eric’s Ramblings

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