Posted on 01/27/2015 5:09:39 AM PST by IBD editorial writer
Some conservative types have been extolling the electric car company Tesla's fight against archaic and anti-consumer laws that prevent direct-to-consumer car sales. But Phil Kerpen, writing in National Review Online, cautions that Tesla Motors (NASDAQ:TSLA) is hardly a model of free-market capitalism.
In fact, he says, the company wouldn't last long without massive government subsidies.
(Excerpt) Read more at news.investors.com ...
The Musk-ites are going to declare a jihad on this thread.
Looks like GOVERNMENT is the problem on both ends.
Isn’t his company asking a state for billions in exchange for a “Gigafactory” which might not last long if it is even built?
(lol)
No kidding.
Oh that’s good. “Combuster”.
I’m going to have to remember it and drop it among my liberal relatives.
I’m not sure it even matters much right now. With oil at $45/hour and falling, a lot of Tesla’s appeal to buyers is going right out the window anyway.
The $7500 subsidy does much more to help competitors sell $35,000 rollerskates for $27,000, then it does by allowing Tesla to sell $74,000 cars for $65,000. Remove the subsidy and Tesla would have done better.
On the other hand, had the American oil boom not been delayed for years by liberals, Tesla would never have gotten past the drawing board.
???
Don’t know if you’ve ever heard of Joe Soucheray in Minneapolis, a longtime (and very fine) newspaper writer who for years has also had a radio show called “Garage Logic.”
Soucheray is a straight-shooter, very un-p.c. and very funny, and is a great old motorhead in his spare time.
He has a running contest amongst his listeners as to how many “cylinders” they have in their household-—this would include cars, bikes, mowers, tillers, boat motors, everything internally combusted-—some of those guys have sixty or eighty, it’s hilarious.
Every year (at least when I used to catch him) he, his neighbors and his dedicated listeners would celebrate Earth Day by moving all their cylinders out in the yard and driveway, turning on all their lights in house and yard-—ten p.m. was the agreed-upon time-—and then firing up every piece of equipment they had.
He’s still on KSTP 1500, I think, and you can catch him online.
An oldie but a goodie V8 chainsaw.
https://www.youtube.com/watch?v=60Tamp2fHhg&x-yt-ts=1421914688&x-yt-cl=84503534
Hour ... barrel ... same thing, right? LOL.
Life is good in these United States when you are an FOB (Friend of Barack) as the money coming into your company is endless.
I support certain strategic industries being under state ownership.
A free market alone will not ensure a manufacturing sector will survive in this country and we need to look hard on how to free ourselves of foreign imports.
The security and independence of country is too important to be left in the hands of the markets.
I’m not a complete fan of neoliberal economic orthodoxy.
It depends, I would suppose, upon whether YOU are in the barrel or not!
How does that translate into pump prices?
Dollars per day. LOL.
They’re still right to oppose those laws.
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