The problem for Tesla, and anyone who bid up its stock Tuesday afternoon, is that it has already pushed investors’ horizons out so far, in the interest of raising more capital, that even going beyond “ludicrous speed” on its flagship car doesn’t get pulses racing. If your CEO has spent months and months talking about a new mass-market vehicle, home batteries, buying SolarCity, electric trucks and robo-taxis, then cutting that zero-to-60 lag by 3 tenths of a second seems rather humdrum.
Read more "Tesla has faster cars, but we were promised Jetpacks"Elon Musk
Tesla: Please Help Fund Our Ludicrous Project!
Summary
- Tesla possibly transitioning to 503(c)(3) organization by asking for $135K “donations” to fund its next project.
- Being a charity might be a good fit as it continually needs cash and is already “tax exempt” in that it may never pay taxes.
- The champion of sustainability has accelerated Ludicrous mode for those who can pay the price.
- In a ludicrous twist, begging for orders probably confirms that the company will be going from 2.5 (billion) to zero (cash) more quickly than anyone anticipated.
- Meanwhile…in the real world, Bosch, Mobileye, and Delphi are doing much more interesting things.
SolarCity to Lay off Hundreds of Workers
SolarCity will soon have fewer employees to carry out chairman Elon Musk’s clean-energy dreams for the California solar installer. SolarCity cofounders Lyndon and Peter Rive this week announced a “realignment” that will involve laying off an unspecified number of workers by the end of this year, according to an Aug. 17 regulatory filing.
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DNC Energy Platform Long on Commands, Short on Hope
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"No, Tesla, You Are Not A Special Special Snowflake
Author:Kristen Lee Source: Jalopnik Tesla’s direct sales model versus nearly everyone else is old news. While I fully support a direct sales model, I also can’t help but pause at Tesla’s latest argument for it. In an ongoing court battle between Tesla and the state of Utah, Tesla holds strong to its business model, according […]
Read more "No, Tesla, You Are Not A Special Special Snowflake"Elon Musk’s Tesla plans are all futuristic promise with no product
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 […]
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