ColonelAngus
Diamond Member
- Feb 25, 2015
- 53,500
- 54,264
- Thread starter
- #101
Really? You don't think Tesla is govt intervention in private markets?Now if Trump would just ease those mpg regulations on new cars.
And that would kill the development of alternative powered vehicles. Not the first time this would have happened. In the 1903 Auto Show, there were Diesels, next came the Electrics and Steam. There was one upstart Gasoline powered vehicle. Electric was the second most common powered vehicle. Unfortunately, the research to make the Electric ore acceptable was curtailed and gasoline vehicles expanded. For the next century, the electric powered cars pretty well stopped.
Now, the Electric Car is on the verge of having more than a 400 mile range, gast 30 min charge. In the 70s, the Rare Earth Magnet Motor was invented and that revolutionized many thing including computer drives and even power tools. The problem was, the battery technology was still the same as in the 19th century. Today, the battery has become smaller, more powerful, higher output and faster charge times. Today, we have the battery and the motor. Tesla and Panasonic are a good mix.
BTW, they started construction on a new plant in the Desert of Nevada as well. They are hiring. The catch is, it's in the middle of absolutely nowhere. They are ghoing to have to build houses and shopping centers. Not the first time. During Dam construction (Hoover Dam) they had to do the same thing. It's time to see this again.
WE have made strides and cleaned up a lot of the mess that we made in the late 19th century and the first half of the 20th. We are almost there as long as we keep it going.
You can't force innovation.
No, I don't think "TESLA" is govt intervention in private markets.
What specifically do you mean?