Thursday, September 4, 2014

Nevada Rolls $3 Billion Dice To Get TESLA--Craps?

TESLA announced that it will build its 5 billion dollar battery factory in Reid’s home state
Nevada placing a bet bit on the 3 billion dollar tax subsidy needed bait
A lot of money from the taxpayers to the state lure
A company with an electric car to Nevada’s unemployment cure
Probably a better payback to the taxpayers of this state than a stadium barely used
But did anyone question why or how the taxpayers of this state might lose
If TESLA were building a car priced such that all could afford
It would be hard to find anyone who on this subsidy would not come on board
But in an era where jobs are scarce and income continues to decline
Who will shell out 70k to buy a Tesla as it comes off the assembly line?
This has all the trappings of another crony capitalism deal
Line the pockets of the owners and let the taxpayers squeal
Great looking green friendly car, great style, great curb appeal
But at its price not what a buyer would call a steal
Hope Tesla succeeds and for it the cards in Nevada turn up Black Jack
More likely than not it may be a bust as its affordability lacks
© September 4, 2014 Michael P. Ridley aka the Alaskanpoet

No comments:

Post a Comment