Fox News Attacks US Loans to Fisker and Tesla

Fox News on US Loans to Hybrid and Electric Car Company

According to Fox News, the US Department of Energy threw away nearly $1 billion in loans to Fisker Automotive and Tesla Motors—two Calif.-based auto startups trying to produce the next generation of American-made energy-efficient cars. On several of its shows, including America’s Newsroom and Your World, Fox News criticized the loans because Fisker and Tesla currently produce expensive cars that are made in Europe.

Moreover, Fox insinuated that Fisker received the DOE loan because of its connection with former vice-president and global warming activist Al Gore. America’s Newsroom co-host Martha MacCallum said: “Listen to this. The US government is making a $529 million loan to a small car company that happens to be backed by former Vice President Al Gore. Get this. It’s called the Karma. It’s a hybrid. It’s built by Fisker Automotive. The price tag for this greenmobile is about $89,000.”

During the segment, on-screen text read, “Americans Fund Car Co That Will Create Jobs…In Finland.”

Fox News contributor Stephen Moore stated, “I think most of the people watching this show, I think, would question the wisdom of the Department of Energy giving out these grants in the first place. But I think the vast, vast majority of Americans would say, at least if we do it, find an American company that’s going to employ American workers to do this.”

Clip of Fox News’s America’s Newsroom, pulled by the non-profit Media Matters.

read more

email this article to a friend

Related posts:

  1. Fisker Tries To Create Distance from Tesla
  2. Fisker Will Produce $39,000 Plug-in Hybrid
  3. Fisker To Build Plug-in Hybrids in Former GM Plant
  4. Fisker Hits Heartland with Karma Plug-in Hybrid Tour
  5. $8 Billion in Loans Goes to Ford, Nissan & Tesla

Filed Under: Electric Vehicles

Comments (1)

renewable

September 30th, 2009 at 9:51 am    


If it’s true (and it probably is) I have to agree with Fox. I’d rather see the money go to a company that provides jobs to American workers and sells a product that American families can afford.

Leave a reply