Thursday, September 10, 2009

Follow up on Auto Bailout Post

Last year when the Detroit automakers went to Washington to ask for a bailout I wrote a blog post suggesting that rather than bail out businesses that don't seem to want to change the government should look to help entrepreneurial car companies. With the kind of money the automakers were asking for I suggested that these start ups, like Tesla Motors, could buy some of the closed auto plants. Now it looks like energy companies are doing just that, according to a story over at Bnet.

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