Give it to Tesla

In another offline conversation, I've discussed this idea before. We should give GM and Chrysler's billions to companies like Telsa.

This is an under capitalized company that is on the cutting edge of technology and getting hammered by the economic downturn...and they can put a thing of beauty like THIS on the road for $50k?

A properly wired home charging set up (480V) can recharge this baby in 45 MINUTES, and with the enhanced battery pack it can go 300 miles. That's a tank of gas people.

0-60 in less than 6 seconds, and the battery is easily accessible so battery swapping stations are possible.

Dont worry though. If Tesla fails to catch on, the Chinese will be happy to lead the way.