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Peter E (not verified)    October 4, 2012 - 11:52AM

I totally agree with your point about Tesla. But you actually understated the success of
Fisker. Despite their problems with DoE loan (which was NOT part of the same loan program that funded Solyndra by the way -- and which was originally approved prior Obama ever taking office), the Fisker Karma has received numerous awards -- including being named Luxury Car of the Year from Top Gear. Making it the ONLY American car to have ever received such an honor. Moreover, it was the #2 best-selling 4-door luxury car in the Netherlands. Fisker's issue with the DoE loan was totally blown out of proportion. In fact, much of the problem was caused by unrealistic goals set by the DoE -- especially for a start-up car company. They actually produced the Karma in RECORD TIME -- and were delayed in certification for months by the EPA, which apparently had (and still has) no idea how to gauge the Karma's real world mileage. (Many owners get over 100 MPG in daily use -- since they hardly ever use up their batteries.) Had the DoE resisted political pressure from the Right and had the EPA been more cooperative, Fisker would have had access the rest of the $300+ million in DoE loan money by now -- and would probably be creating thousands of jobs producing the Atlantic at their Delaware plant.

Romney not only would have let GM go under -- but, if it were up to him, Tesla and Fisker would never have gotten off the ground.

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