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(Washington Post)   Is Obama helping to create a Tesla bubble? Well, is he?   ( washingtonpost.com) divider line
    More: Scary, President Obama, economic bubble, California Air Resources Board, mass market, market value, Elon Musk  
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9256 clicks; posted to Main » on 17 May 2013 at 9:14 AM (5 years ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»

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2013-05-17 09:19:51 AM  
2 votes:

cygnusx13: I am *thiiiiis* close to ordering my Performance S. Last hurdle is getting final OK from Mrs.

Easier to ask for forgiveness than for permission?
2013-05-17 10:48:11 AM  
1 vote:

Voiceofreason01: The idea(and Tesla's business model) is to develop the technology for the more expensive sports cars which can absorb the costs more easily, then to work their way down to more practical and cheaper cars once the brand is established and the technology is proven.

Right.  As I said above, I get that.  Hopefully this investment will pay off with bigger gains than a few thousand pricey cars zipping around the nicer parts of LA.  However, that doesn't change the situation on the ground right now.  Also, as a dyed-in-the-wool libertarian, I get a little itchy whenever something only can happen because the goverment plows taxpayer money into it.  As I said, it's possible and even likely that this may result in some truly disruptive (in a good way) changes to the car industry in the near future, but there are lots of similarly good ideas out there that aren't getting similar funding.

Also, small point, but the Model S (the only car the company currently makes) and upcoming Model X are both not sports cars.
2013-05-17 10:30:16 AM  
1 vote:
cdn2.spong.comView Full Size

/Tesla coil, prism tower, whatever.
2013-05-17 09:59:39 AM  
1 vote:

Ordinary Genius: Every time I plug it in I can give a finger to OPEC

Uh.... Hang on, are you saying this because you don't have to pay for gasoline or because you think the electricity that comes out of your wall is provided by magic elves?
2013-05-17 09:19:22 AM  
1 vote:
Not really a bubble, more of a coil.
2013-05-17 09:19:09 AM  
1 vote:
What is this, subby, farking red alert?
2013-05-17 09:19:08 AM  
1 vote:
That would require that Obama actually knows what his administration is doing.  Based on recent history I'd say the answer is no.
2013-05-17 09:17:35 AM  
1 vote:
I misread and thought it said Obama was helping to create a tele tubbie...
2013-05-17 09:17:35 AM  
1 vote:
This is Obama's Benghazi.
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