Bad Karma: Taxpayers Get Taken for a $193 Million Ride

Written by Gary North on April 26, 2012

Fisker Automotive has released a hybrid car, the Karma. The U.S. government lent the company $193 million to produce it. It gets 50 miles on a single battery charge. Not 50 miles an hour. Fifty miles. It has a 400-horsepower engine. It needs it to charge the battery. It costs over $102,000 in a stripped-down […]

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