If the Carbon Motors business model was so bad, how did the company last as long as it did? To paraphrase an especially sharp-tongued commentor from one of the many Carbon E7 threads I’ve followed on the web over the years, the company’s business plan seemed to revolve around borrowing money from the government to build cars that they would then sell exclusively to the government. Only the government would be dumb enough to fall for such a scheme and the government of Indiana apparently did.
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