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Henry Ford and the Mustang were developed with private money. They are using tax money for this. The concept is flawed. Few people are willing to buy a car that goes 35 miles on an 8 hour charge. Their horrible sales prove this point. I would much rather have seen my tax money go towards researching a vehicle that the folks would want and buy. If they come up with one in a few years that is a winner, then I will buy one. The $1.5 BILLION of course is just peanuts compared to the $85 BILLION bailout. By the way, the Edsel was really a Ford with a few different, cosmetic parts. Very little research money involved compared to the Vault.