You link isn't related to the post title.

The link is provided by me as a part of the information that is included by the poster (in this case RT), along with the video's description. I always try to include that information to be as comprehensive as possible.

The link you're mentioning here is a link to RT's LIVE site for related or further information on this subject. To find it there, I'd imagine you'd only have to use their search box to find other info using words like: ''Chinese car company'' ''Chinese billionaires,'' or ''American taxpayers screwed again'' and similar words like that.

- I hope this helps.

And it may or may not go back to touch on the story line you posted.

The car company they bought wasn't Tesla, but Fisker.

And as I said, the link is provided by the poster as a part of the postings overall information. And whenever I post videos, I still use the old DU rules: Original title, and information about the video ( because the early days of both DU and Youtube that wasn't always a given).

I'm sorry the link confused matters for you.

It's not Tesla which is thankfully. It's The Fisker that Chinese billionaire dude bought. Fisker and tesla once were the partners but their business model got soured and parted ways which Elon Musk admitted was the best thing happened to Tesla company. Fisker wanted to make their products to be costly and exclusive for the 1% and upper middle class to buy it. Tesla dreamed up of affordable electric cars that everybody can afford to buy.

It's almost irony when U.S. Taxpayer help Fisker to start up yet they doesn't want to sell their products to us.

regretfully one part of me is glad China did this. At least it keeps an electric car company alive . What killed the Fisker in the US was its high price which doomed it except from those 1%. With a starting price over 50,000 , I don't believe there was the market in the US. Perhaps the market will be greater in the Orient and they are struggling with all that pollution.

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It was an eye-catcher:

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And there was even a Fisker with solar panels on its roof to recharge their batteries. The Chinese will run with this - for them its a win/win thing in that they may not have to face the bullshit oil lobby killing the electric car development as it did in this country. Good luck to them.

...the bully gives up his lunch to the nerd.

- Of course you realize that there isn't much hope of anyone buying one of these or any other electric car as long as the oil boys are still running things.

And then there's this:

Last edited Tue Jun 10, 2014, 09:22 PM - Edit history (1)

I see a number of people driving Telsa cars in my area, and I live in oil and gas country. In fact, I see a large number of people driving hybrid cars. There are a large number of people driving Prius cars. They are a common sight in my area. I would say they are just as common a sight as any gas only car. I have also seen some Honda Insights and even a few Fiskers.

...and we should be talking about seeing gas cars in the same manner you now describe seeing electric ones. The gas car should be the rarity, not the other way round. But it is and there's a reason why.

This technology has been suppressed and the existing forces are doing everything they can, including buying Congress, to keep things this way, for as long as possible.

So I'm not saying the demand for electric cars is not there. And if we had more competition and players involved, the price of them would be cheaper as well.

But every new advent brings consequences with it. Sometimes unintended ones.

The problems we have now is that the technology is so advanced that in truth we can almost supplant the existing production and resource forces and render them obsolete.

But they don't like that idea, and yet it is the inevitable conclusion of the path we have chosen, provided it is not waylaid.

But we have been waylaid and the process is still being waylaid. That's why we're working harder for the same or less than before. That's why college graduates with Master's degrees are now waiting tables for tips.

The value that was supposed to accrue to society in-general from the new inventions of the modern era, were skimmed-off by the rich and has never been passed on to the rest of us. We didn't get our jet-cars, nor our robot maids. The Jetson's for us, is still a cartoon.

If this weren't otherwise true, we'd see solar panel fields and windmills everywhere since it would create new jobs and release us from the control of wars for oil and fracking up our water supplies.

- But it hasn't and it won't until TPTB currently calling the shots are gone. That's what I'm saying.

When Chinese billionaires come over and buy American capitalist corporations what need is that fulfilling?

The foundation of Communism is from each according to their ability and to each according to their need. So this Communist Chinese billionaire obviously has the ability to make money from a capitalist system. So what need does a huge capitalist corporation fulfill?

Really China should call itself Totalitarian China NOT Communist. They jumped the Communist shark long, long ago.

I'll go with the later.