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Original post made by R.GORDON, another community, on Jun 29, 2010

This ill fated company which cannot anticipate making money for at least 20 years is just moving so fast that it has announced it is going public and offering shares of this venture which has had such smooth sailing since its inception and gotten its way from Sacramento, a half billion dollar loan from the government during these hard times, been given sites to relocate without any hassles, and not one person has brought it up.
It reeks of something highly curious in the annals of businesses which seem to be getting a great deal of help from higher powers.
When the first vehicle for PUBLIC consumption rolls off the assembly line, it will cost $60,000 and be energy efficient, but those $100,000 babies which have already sold, and I believe they are quite numberous, have gone to people without any major reports as to their performance or details and it is strangely secretive.
China already has a version of the sporty electric car and is going to be offering it at about 1/3 the price and will be mass marketing them before the American TESLA's tires hit the pavement.
It seems like an IPO is needed since this long dormant period, and with the Gulf gushing, it reads like the auto would be a grand idea.
Just a little peculiar in its timing, but, again "blessed" for no apparent reason.
Does anyone have any knowledge of this sweetheart deal? I am inclined to be very suspicious as to how this has blossomed so effortlessly.


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