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At Least Fisker's Cars Didn't Spontaneously Catch Fire...Oh, Wait

Fred_PA_2000 Wrote: Apr 25, 2013 9:22 AM
Ron; You just might be catching on. You don't suppose that the real purpose was to create jobs and increased authority for the permit issuers?

If you’ve come in late to the movie the Life and Death of Fisker Automotive, you might get the impression that the only thing that stood between success and failure for the electric car company was their inability to meet a few milestones that the government imposed.

In reality, the biggest problem Fisker faced in their quest for success wasn’t the milestones the government gave them, but rather the money the government gave them.

“The electric carmaker,” reports CNN, “which laid off 75% of its employees earlier this month, missed its first loan payment to the...