Posted on 09/27/2018 1:31:37 PM PDT by Revel
JUST IN: Elon Musk, Tesla charged with fraud by SEC - CNBC
This was also mentioned on the hearing live feed by Golden State Times.
A couple of them around my neighborhood. One belongs to a cosmetic surgeon and one belongs to an insurance exec. They don’t drive them much in winter, or on hot summer days, when they drive Range Rovers. Says it all!
Yes, but have you looked at where the rare earth metals for the motors and lithium for the batteries? And where does the electricity come from to charge those batteries? Over the life of the vehicle, an electric car contributes more CO2 to the atmosphere than a similar gasoline vehicle. Not to mention the huge open pits to mine the lithium in Canada and child labor to mine the cobalt in Africa.
P.S. I’m not against electric cars. I just don’t buy into the hype about how great they are for the environment.
Elon Musk is a brilliant innovator. He is also Bat Sh-t crazy which is common with brilliance. He and his great engineers have made great engineering innovations for which they should be applauded. I love his rockets. His Tesla is totally dependent on tax payer subsidized money. Tesla should fail or thrive based on market forces.
It is most sad that this man of great innovation will fail because of ego. The day true market forces are applied to Tesla it is dead meat. I hope his rockets thrive. He makes damn good rockets.
Where were they with Algoma Steel under John Paulson?
” I’m not against electric cars. I just don’t buy into the hype about how great they are for the environment.”
Currently, since we have to burn $hit to make electricity, you’re right. Years ago, when I assumed the role of Director of Procurement for one of the major Silicon Valley companies, I had to negotiate a multi-year contract for the supply of Liquid Nitrogen (which is produce by the liquifaction of air, with a lot of electric power consumed). I took the contract and gave it to a supplier who was in the process of building a plant in Sacramento adjacent to the new Rancho Seco Nuclear Generating Plant. They were able to cut the cost of the product by about 30% over their competitor by reason of cheap electric power. The Rancho Seco Plant has been long-closed because of the loons who see nuclear energy as a bomb. Nuclear Energy will, of necessity, come back (unless solar gets a whole lot more efficient) which presents a real conundrum for Liberals who are “more environmentally conscious” than the rest of us. Nuclear power makes electric cars viable. It also makes seawater desalinization practical. So for electric cars, the major source of their “pollution” goes away, leaving us with the issue of recycling batteries.
Evidently, you subscribe to the notion that somewhere there’s a free lunch. Face it. Today if we relied on horses for transportation we’d have a “horse $hit crisis!” Maybe you could “resurrect the vehicle” Al Capps had in the L’il Abner comic strips years ago. The thing had a gigantic horn on the front that gobbled up SMOG and produced clean air out of it’s tailpipe using the “energy” from the process for propulsion.
Quite the opposite. The envirowhackos pushing electric cars are the ones who believe in the free lunch. I, OTOH, just destroyed the “free lunch” beliefs of the envirowhackos.
And I believe that much more research should be put into thorium salt reactors.
FWIW I am in the process of ordering a new Z06 Corvette (650Hp), so I am a “realist” who loves real cars!
Those were our green obama dollars. The level of theft in this nation is astounding.
https://en.wikipedia.org/wiki/Breeder_reactor
This was supposed to be the answer to our nuclear waste problem, way back when Jimmah was Pres.
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All electric car promotors deserve the same.
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Its all a question of how long the batteries will last.
They have full maximum torque when the electric motors reach about 50 RPM, so as long as they last the E-car will win.
Cool, but I understand little of the physics involve. I’m just a lowly engineer.
Not a fan of Musk, but I thought the same thing
Id love to have one for a week end drive by the beach kinda thing
Almost any $100+k auto is great for a beach drive by!
Tesla’s problems are not just bad management, but producing a product for which there is very little market. I have two friends who bought electric vehicles and I asked them if they would have bought WITHOUT the subsidy. The answer was heck no in both cases. So their market wasn’t for the vehicle, but for the subsidy. Neither of them have their electric vehicles any more.
Electric vehicles are niche vehicles that have too short a range , take too long to recharge, cost too much (without a subsidy), dont last long enough (dunno about the rest of you but I average keeping a car 12 years), are very expensive to repair (new battery pack), and pollute more than gas vehicles- just pollute in a different location.
New Z06
What color?
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