Is Obama's Failed Spending Plan a Boon for Tesla Motors?
Don't be surprised if Fisker Automotive joins Solyndra as the next political football to plague the Obama administration. Fisker, a maker of electric vehicles and a peer of Tesla Motors that received $193 million in federal aid, has fired three-quarters of its workforce and faces a possible bankruptcy filing.
Do Fisker's troubles bode poorly for Tesla? In the following interview with The Motley Fool's Erin Miller, Tim Beyers of Motley Fool Rule Breakers and Motley Fool Supernova says Tesla is thriving thanks to outsized demand and lucrative partnerships with Toyota Motor and Mercedes-Benz. Please watch this short video to get Tim's full take, and then leave a comment to let us know whether you like Tesla stock at current levels.
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The article Is Obama's Failed Spending Plan a Boon for Tesla Motors? originally appeared on Fool.com.Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team and the Motley Fool Supernova Odyssey I mission. Neither he nor Erin Miller owned shares of any of the companies mentioned in this article at the time of publication. Check out Tim's Web home and portfolio holdings, or connect with him on Google+, Tumblr, or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.The Motley Fool recommends and owns shares of Tesla Motors. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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