Romney Calls Tesla Electric Vehicles A ‘Loser’

October 4, 2012 11:00 AM
Romney Calls Tesla Electric Vehicles A ‘Loser’

" Republican presidential candidate Mitt Romney has weighed in with his verdict on startup electric-car maker Tesla Motors: It’s a “loser.”

So, for that matter, is another startup that’s still in business, Fisker Automotive.

The two car companies were lumped in with a pair of bankrupt businesses, lithium-ion cell maker Ener1 (which was later refinanced) and solar-panel maker Solyndra.

All four companies received loans or grants from the Department of Energy and other agencies during the Obama presidency.

Romney said, responding to Obama’s suggestion that tax breaks for the oil and gas industry be eliminated:

… don’t forget, you put $90 billion, like 50 years’ worth of breaks, into — into solar and wind, to Solyndra and Fisker and Tesla and Ener1.

I mean, I had a friend who said you don’t just pick the winners and losers, you pick the losers, all right?

So this — this is not — this is not the kind of policy you want to have if you want to get America energy secure.

Romney returned to the theme a second time, without naming the companies specifically:

You put $90 billion into — into green jobs. And I — look, I’m all in favor of green energy. $90 billion, that would have — that would have hired 2 million teachers. $90 billion. "

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