Tesla Motors Inc Praised By Republicans Who Once Criticized It

Tesla Motors Inc Praised By Republicans Who Once Criticized It
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Tesla Motors Inc (NASDAQ:TSLA) is being praised by Republicans who didn’t have great things to say about the company in the past. The electric car maker has successfully adopted the green technology and federal stimulus loans, both of which were hated by Republicans. Previously, the Republicans thrashed Tesla by saying that it is utilizing $465 million in taxpayer money to build cars for the rich.

Tesla gets Republican support

Previously, Sarah Palin said that the car manufacturer is an apt example of “crony capitalism” and Mitt Romney called the company a “loser.” The situation is now entirely reversed as the party leaders are singing the praises of the company to attract a larger number of voters, says a report from SF Gate by David R. Baker.

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In recent weeks, Tesla Motors Inc (NASDAQ:TSLA) attracted leaders such as Florida Senator Marco Rubio, Texas Gov. Rick Perry and Fox News commentator Bill O’Reilly.

“Everybody on the planet should be rooting for Tesla,” O’Reilly said on his March 31 show. “I mean everybody, even the traditional car compani