22 Mar '12, 2pm

Elon Musk: Daimler Saved Tesla, DoE Loans A Bad Idea

I think Elon is right to say that a company should survive on its own merit. But had the Daimler investment and their DoE loan not come in, the stock market collapse would have and nearly did kill Tesla. They were defenatley moments away from their own demise. And I think he should distance Tesla from the ATVM program, the program's reputation has been tainted by a few company failures and it's not fair for Tesla to be associated with thee failed loan recipients. With all the stress Elon Musk endured during the financial crisis I think he deserves to sit back and gloat a little, especially now that both Tesla and Space X have made it through the darkest days and are now headed fo greener pastures. GO TESLA!!

Full article: http://www.greencarreports.com/news/1074375_elon-musk-dai...

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