
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

A new study warns that two thirds of Tesla Model S cars will need to have their entire drivetrains replaced before they reach 60,000 miles.
by Chriss W. Street12 Dec 2015, 11:22 AM PST0

The rumor mill indicates that the 155 acres that Apple quietly acquired near San Jose International Airport are enough for the R&D center for its “Project Titan” self-driving cars.
by Chriss W. Street15 Nov 2015, 4:26 AM PST0

Tesla claims it will sell a half million vehicles a year when its $35,000 Model 3 is introduced in 2017, but the network of charging stations in California is already imploding with just 160,000 registered electric vehicles.
by Chriss W. Street14 Nov 2015, 4:54 PM PST0

Tesla claims it will sell a half million vehicles a year when its $35,000 Model 3 is introduced in 2017. However, the network of charging stations in California is already imploding with just 160,000 registered electric vehicles on the roads.
by Chriss W. Street13 Nov 2015, 10:59 AM PST0

On Thursday, a question was asked that had never been asked before in California: if a self-driving car is stopped by police for an infraction, who gets the ticket–the driver or the car?
by William Bigelow13 Nov 2015, 10:17 AM PST0

A new video published on YouTube shows a Seattle Uber driver saved from a crash by his Tesla’s autopilot system.
by William Bigelow30 Oct 2015, 10:05 AM PST0

Tesla has unveiled a new update, allowing its cars to drive by themselves using radar and ultrasonic sensors and cameras.
by William Bigelow22 Oct 2015, 10:36 AM PST0

Tesla stock plunged -10 percent on Tuesday in a double whammy of bad news as Consumer Reports pulled its “best car ever” designation, and the California Department of Motor Vehicles (DMV) said the company is illegally “bird dogging” to hype sales.
by Chriss W. Street21 Oct 2015, 4:44 AM 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

The Tesla Model X SUV was introduced earlier this week to rave reviews for its design touches, including rear “falcon-wing” doors that open upward for seven passengers.
by Chriss W. Street1 Oct 2015, 11:47 AM PST0

As much as global financial concerns are going to hit tech companies harder than other sorts of enterprise, so too will their own lack of ambition. The ugly truth is that Silicon Valley has largely given up trying to fix big problems and has retreated into photo-sharing apps and productivity tools.
by Milo Yiannopoulos24 Aug 2015, 3:50 PM 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

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

The Silicon Valley Business Journal is reporting that “Elon Musk’s Tesla Motors is on track to win $15 million in new tax breaks as part of the final round of this year’s California Competes tax credit.” According to Governor Brown’s GO-Biz website, tax credits are awarded to businesses that come or stay and grow in California. With much of his $13.3 billion net worth coming from tax subsidies, Musk may celebrate his latest gift of “government cheese” from Reno, where Tesla’s highly-subsidized $5 billion giga-factory is being built.
by Chriss W. Street10 Jun 2015, 9:00 AM PST0

If you build it we will come could be the mantra for Los Angeles billionaire mogul Elon Musk.
by Robert Wilde31 May 2015, 9:33 AM PST0

From Business Insider: One of the biggest things that keeps Elon Musk up at night doesn’t have anything to do with Tesla or SpaceX — in fact, it’s a fear that sounds like something from a science fiction film. In
by Breitbart News24 May 2015, 3:36 PM PST0

This week it was Silicon Valley versus the entire transportation sector. Scrappy startups and tech behemoths battled entrenched industries and government regulators throughout the globe, in what has become a fascinating illustration of how an entire social sector responds to
by Ferenstein Wire22 May 2015, 1:58 PM PST0

Tesla Motors CEO Elon Musk’s Hyperloop transportation system is nearly ready for its first test. The high-speed tube transportation system will soon have its first test track in California, according to Green Car Reports.
by Daniel Nussbaum19 May 2015, 2:20 PM PST0

When Tesla Motors Inc. CEO Elon Musk unveiled a line of home and commercial battery packs a week ago, he said Tesla was “trying to change the fundamental energy infrastructure of the world.” Although the system Musk announced was better than the competition, the cost was assumed to be too expensive except for home solar systems. But now it turns out that Tesla’s new batteries do not even make economic sense to back-up rooftop solar systems–at least not yet.
by Chriss W. Street11 May 2015, 12:25 PM PST0

A new, unauthorized, supposedly “tell-all” biography just released by Bloomberg’s Ashlee Vance claims that serial entrepreneur and Tesla (TSLA-NASDAQ) CEO Elon Musk hid from investors and customers that the electric car company was down to two weeks of cash in early 2013 and had to beg for Google to consider buying the company.
by Chriss W. Street6 May 2015, 11:58 AM PST0

Tesla Motors Inc. CEO Elon Musk unveiled a line of home and industrial battery packs at an event late Thursday afternoon. Musk said that Tesla is “trying to change the fundamental energy infrastructure of the world.” Although the system announced appears favorable compared to the numerous competitor’s battery solutions currently offered, Tesla’s high reliability stand-by power is much more expensive than generators and has a commercially unfavorable investment recapture period of eight to ten years.
by Chriss W. Street2 May 2015, 8:18 AM PST0

In Nevada, the House always wins. That’s why they build massive casinos: to collect money from gamblers–who are unofficially known in the state as “suckers.”
by Rich Tucker1 May 2015, 12:02 PM PST0

Taxi unions are not the only government protected industry that ride-sharing companies are overhauling. Auto dealerships are indirectly feeling the heat, as American teens skip getting their driver’s license. Once an established past-time in American culture, in the last 30 years, the number of 16-year-olds with driver’s licenses has plummeted 40%, according to a 2012 article published in the journal of Traffic Injury Prevention.
by Ferenstein Wire13 Apr 2015, 9:38 AM PST0

By doubling the percentage of electric power generation that must be “renewable” by 2020 to 33 percent, California–with the highest poverty rate in the nation–will continue paying the highest utility rates in the nation.
by Chriss W. Street25 Mar 2015, 5:21 AM PST0