Tesla Worth more than Chrysler

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Ok, this is actually not exactly a fair title, as we all know Chrysler is worthless. But the reason I say this is because Daimler just bought a 10% chunk of Tesla (the silicon valley car company - maker of the electric lotuses) for "double digit millions." This is far more than the $0 they give to their 20% stake in Chrysler.

It is interesting because it essentially guarantees that Tesla will survive, and that the much hyped Model S will come to market. Personally, I think Tesla has to be bought out or it will be a failure, but we'll see.

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