Driving the new Tesla Model S out of its factory in Fremont, California, you pass the empty glass and steel husk of neighboring Solyndra Corp., another Silicon Valley technology venture that was propelled by optimism and bountiful government loans. Solyndra made solar panels, but it broke apart on the rocks of business reality, and its politicized bankruptcy has been a daunting daily reminder to Tesla’s 1700 employees of the consequences of failure. (more…)
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