Tesla

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Governments Must Bail Out Tech

As the recession rolls on, the United States government is handing multibillion-dollar bailouts to sunset industries whose mistakes got us into this mess in the first place. First they bail out banks whose executives just party with the money, even as PayPal reports a 27% jump on Cyber Monday. Now they bail out carmakers who refuse to go electric, even as Tesla ships high-performance electric sports cars.

The British, on the other hand, have the right idea: Click here to continue reading “Governments Must Bail Out Tech”…