
We are all forced, at gunpoint, to lavishly subsidize the manufacture and sale of electric cars, which tend to be a boutique product for very rich people. Every step of production and sale is juiced with subsidies. No one is selling electric cars for their actual market price, and even with all that subsidy sugar to help the medicine go down, hardly anyone is interested in buying them. It’s one of the biggest forced transfers of wealth from middle-income taxpayers to rich people ever conceived.
by John Hayward7 Jan 2016, 2:25 PM PST0

Tesla Motors stock price dropped 10% Tuesday after Consumer Reports published its findings on the reliability of the manufacturer’s Model S electric sedan, giving the car a below average “overall problem rate.”
by John Sexton20 Oct 2015, 4:40 PM PST0

Denmark is slowly retreating from some of its most ambitious, self-regarding climate initiatives. In an unforeseen attack of common sense, the government is readying to end its generous tax breaks for citizens who buy low-carbon vehicles because of the expense imposed on
by Simon Kent9 Oct 2015, 7:39 AM PST0

In an almost unheard-of action for a Wall Street investment banking firm, UBS downgraded Tesla Motors Inc. (TSLA-$267.39) to a “sell”, driving the price of the shares down 5.5 percent, or -15.49.
by Chriss W. Street22 Jul 2015, 3:45 AM PST0

Despite repeated attempts by green advocates and local government to stir up interest, Britons are less concerned than ever about electric cars. According to a survey by the Department for Transport, 56 per cent of the public have never considered
by Nick Hallett19 Jun 2015, 9:48 AM PST0

Following Tesla Motors, Inc.’s (TSLA-NASDAQ) big award of California tax credits for promising to add 4500 jobs, the all-electric automaker just signed a lease to occupy the cavernous 500,000 square feet Solyndra plant at 901 Page Ave. in Fremont, California.
by Chriss W. Street12 Jun 2015, 9:00 AM PST0

Tesla (NASDAQ:TSLA) stock price plunged by -7.4% in premarket trading on Thursday after the company announced that deliveries had fallen short, problems had affected production, and a strong dollar had hurt earnings. Those earnings turned out to be a real
by Chriss W. Street13 Feb 2015, 6:19 AM PST0

Consumer Electronics Show 2015 opened Monday morning in Las Vegas to throngs of the digerati hoping to get a peek at the latest technology trends and styles. Unlike shows in the past that featured connected gadgets and media, this year’s focus seems to be on the automobile as the ultimate connected consumer electronics platform.
by Chriss W. Street7 Jan 2015, 5:47 AM PST0

On Dec. 26, Tesla previewed its next generation of Sports Roadster that will feature up to a 50% improvement in charge range. Tesla claims that design refinements and a 31% increase in energy storage will allow the Roadster 3.0 to drive easily from San Francisco to Los Angeles on a single charge. Tesla has not set a release date or pricing at this time.
by Chriss W. Street27 Dec 2014, 4:00 AM PST0