Rapidly rising prices aren’t good for everyone though.
“The potential losers in this situation are folks who live locally and work locally, but aren’t making the higher wages and may not be able to afford the higher prices,” said Blomquist.
Read more "How Tesla caused home prices to soar in this Nevada town"
A Tesla Model S caught fire during a test drive in France on Monday.
The vehicle supposedly made a loud noise and sent a warning on the dashboard that there was a problem with charging, Electrek reports. The Tesla TSLA -1.87% employee then told the driver to pull the car over and had all passengers exit the vehicle.
Read more "A Tesla Model S Caught Fire During a Test Drive in France"
Musk’s purchase of the so-called “solar bonds” comes after money-losing SolarCity last week said it would cut operating costs to bring expenses in line with its reduced solar installation outlook.
SolarCity CEO Lyndon Rive and Chief Technology Officer Peter Rive are each buying another $17.5 million of the $124 million offer, according to the SolarCity filing.
Read more "Tesla’s Elon Musk Buying Over Half of SolarCity Bond Offer"
The most important sentence on energy in the Democratic National Committee (DNC) platform document is the one it took out: this version of the platform no longer supports an “all-of-the-above” energy strategy.
Coal is out. Nuclear energy and hydropower aren’t even mentioned once in the platform. This version seeks to pick winners and losers in the energy space and remake the energy mix the way the DNC platform committee sees fit, regardless of what the market wants.
You know why that’s a bad idea? Because just about every time the government tries to pick winners and losers in the energy space, the government gets it wrong—like really, really wrong.
Read more "DNC Energy Platform Long on Commands, Short on Hope"
Author: Edward Niedermeyer Source: AFR Elon Musk’s second “master plan” for Tesla Motors arrived much like one of the electric automaker’s cars: brilliant and inspiring, but late and rough around the edges. And like Tesla’s desirable yet quality-challenged cars, Musk’s vision is sure to be embraced and evangelised by anyone who was already convinced that […]
Read more "Elon Musk’s Tesla plans are all futuristic promise with no product"