Should Tesla Motors get bailout $? Circle one: yes, no, maybe.
This is a weird one. So CEO Elon Musk of Tesla Motors has requested $400M in low-interest Federal Loans - part of this infamous $25B bail out thing. My first reaction was to dismiss Tesla as now just another auto company…in fact, I was pretty upset since I’m fans of what they’re up to. But this bailout thing…...we don’t talk politics on THE BRILLIANCE, but the bailout is scary stuff to me man, thats all I’ll say. I guess I just get disenchanted with companies that don’t have the American ‘hustle’. Where did that go anyway? And why should tax payer money go to a startup that produces something pretty much no one in America can afford?? But, after thinking about and reading some more…I had a slight change of heart with Telsa. Or maybe more so with ‘The Fed’. Option 1: bailout existing car companies who can hardly even attempt to make something that might lessen out dependence on foreign oil/fuel - and haven’t made something future-focused since…the 60s. OR… Option 2: bailout a company that is creating truly new, innovative, products that will ultimately benefit America long term should they be able to produce something more affordable - which they are working. Thing is…I guess its a phrasing thing. Is it ‘bailing out’ or government funding for a private science project almost circa the Space Race back in the 60’s when private companies (Tang!) got gov’t contracts, etc, that ultimately created products/technologies that were exportable, provided jobs, etc? You know?? Thinking about it that way puts Tesla in a better light…maybe. I honestly don’t know what to think about it…my jury is still out. And to quite honest, I’m probably not as educated on this as I should be. Any thoughts? ***And after reading my own post…I’m just like, ‘survival of the fittest man’, Keep business private and let the cream rise to the top. I’ll make my next post more light hearted, maybe about my favorite flavor Doritos or something.