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Perspective

Mar. 7, 2012

Fisker’s power outage: placing bets on startup companies

Taxpayer funds should not be used to place bets on startup companies, especially in emerging industries. By Jonathan Michaels of Michaels Law Group


There are few things in life more challenging than bringing a new vehicle to market. Beyond the obvious need to have a vehicle that satisfies market demand, there are countless regulatory requirements in the United States and abroad that throw engineering, design and feasibility into a steady state of conflict and strife. Sovereign nations issue differing standards on everything from bumper height to airbag deployment, only serving to further complicate an already overly c...

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