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RE: Wait...
By wookie1 on 8/9/2010 12:11:16 PM , Rating: 2
This should make it more clear how gov't grants crowd out private investment. Why would Ford try to compete with Tesla/US gov't? That's a loser's game, because the gov't can afford to take enormous losses to win while competitors go bankrupt trying to compete.

So you say, what if Ford also gets grants? That'd be just great, the gov't competing against itself, trying to see which company could be the bigger bottomless pit while supporting both.

I left GM out, of course, becuase they already have to do whatever the gov't wants, and get whatever money is needed to do it. So that would then be a 3-way money hole for this technology that may or may not be widely adopted despite the billions thrown at it.

If the technology is a winner, then there would be enough private money to support it.

