The anxieties that lurk beneath the tremendous ambition of Tesla Inc. moved into the forefront in recent weeks. The company again fell far short of its own production targets for the mass-market Model 3 sedan, another person died in a crash involving its assisted-driving feature and Musk entered into a public dispute with federal safety regulators. Tesla’s once high-flying stock, buffeted by a downgrade from credit analysts, has dropped 24 percent from its peak in September. —Full post
Electric cars are having a hard time wooing the average American and the high prices are just one roadblock. No wonder that 80% of tax credits are taken by households making more than $100,000 a year. —Jon LeSage, Business Insider, 1 May 2018
Investors and fans of Tesla are anxious to hear what the company has to say about the production ramp of the Model 3, the main driver of future profits and cash-flow, when it releases its first-quarter results on May 2. —Quartz, 1 May 2018
The hotbed of electric cars so far has been the U.S. West Coast. California, of course, is the leader, with its zero-emissions vehicle mandates. Going up the coast, the selection—and sales—get steadily thinner, but remain conspicuous. —Green Car Report, 1 May 2018
If this works as claimed, car manufacturers will breathe a sigh of relief, and it will ease the pressure to quickly switch to electric vehicles. —Forbes, 26 April 2018
Old divisions between rich and poor over money and ambition are again threatening to limit progress in UN climate negotiations. Developing countries say they are “frustrated” with the lack of leadership from the developed world. —Matt McGrath, BBC News, 1 May 2018
How will California meet its zero-emission mandate, Dave? Manufacturers are going to be forced to sell their electrics at cost or places like California are going to subsidize using even more taxpayer money. It pisses me off as it is when governments are using my money to help someone else buy their electric car.
What do you mean I can’t kick that car door? I paid for it.
It has been said before on this site that Tesla would have and should have gone out of business. The only thing keeping them going is government support. This means when the company eventually fails, the tax payers will lose as well. This has already happened with other “green” companies.
How will California meet its zero emission mandate for cars if enough manufactures are not in business to fill the demand?
The only interest that poor nations have in climate change is to get huge handouts from the rich nations. Without that, they have no use for the negotiations. Lack of progress on making those handouts real has seriously threatened past COP negotiations and one day will probably cause a collapse. With any luck this will happen this year at COP 24.
“How will California meet its zero emission mandate for cars if enough manufactures are not in business to fill the demand?”
The question should be: How will California meet its zero emission mandate for cars if subsidies are finally pulled by the government?
Now who is going to replace all those worn out batteries when they are gone ? The warranties will be worth nothing .
$Billions in tax payer grants and loans have been flushed down the
“clean energy ” fledglings throats and the MSM frets about
Melania ‘s hat .
No wonder they are doomed .