

Musk only needs half the time given to pay loan



President Obama and Elon Musk


Source: Technology Review

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RE: Great photo
By Reclaimer77 on 2/28/2013 6:35:27 PM , Rating: 2
Musk was almost broke in terms of tangible assets, and put everything he had into Tesla.

Gee I can't imagine why he would have a hard time finding private investments. Clearly the free market was at fault there. High risk, virtually no payoff. Brilliant!

Hey didn't our economy collapse in 08' partly because of bad lending practices to people who couldn't pay loans back? Hmmmm, perhaps there's some correlation here...

