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$529M Gov't Loan To Develop $89,000 Hybrid Sports Car

Posted by Soulskill on from the please-tell-me-it-has-lasers dept.

theodp writes "The WSJ reports that a tiny car company backed by former VP Al Gore has just gotten a $529M US government loan to help build an $89,000 hybrid sports car in Finland. The award this week to California startup Fisker Automotive follows an earlier $465M government loan to Tesla Motors, purveyors of a $109,000 British-built electric Roadster. Fisker's other investors (PDF) include the Al Gharaffa Investment Co., a Cayman Islands corporation."

4 of 293 comments (clear)

  1. Re: TFA, Is this a Mohawk or American fast food by bitemykarma · · Score: -1, Offtopic

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  2. Re: TFA, Is this a Mohawk or American fast food by bitemykarma · · Score: -1, Offtopic

    I'm sick and fucking tired of web sites that are a slim stip of content down the middle, with horseshit on the side.

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  4. Woot fp by Anonymous Coward · · Score: -1, Offtopic

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