Rush Limbaugh hasn’t made a lot of green friends over the years with
his “environmental wacko” tirades, but, given what’s going on these
days, perhaps his rhetoric has been too mild.
Exhibit No. 1 is the
sleek and sexy Tesla Model S. If you want the one with the lowest
chance of stranding you on I-95, it will set you back over $100,000.
You’ll be refunded $7,500 from the federal government, several thousand
more (in most states) from state taxpayers, plus various other credits
that governments bestow upon ostentatious and cheap virtue, like putting
a special plug in your garage. Somehow, Tesla is still losing money.
You
might have read otherwise. The company’s stock price doubled — to about
$110 a share — after it reported a profit last month. Along the way,
its genius founder, Elon Musk, hit upon the clever notion of paying off
hundreds of million dollars in federal loans by issuing a jillion more
shares of TSLA stock.
READ MORE: http://www.nationalreview.com/energy-week/350359/global-warming-and-energy-insanity-patrick-j-michaels
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