Chevy Volt a Failure - GM to Layoff 1,300

Bottom line again. If Tesla produces something revolutionary that people really want -- whether it is electric cars, batteries or Elon Musk's hair clippings -- the company would actually be earning money. That hasn't happened and isn't close to happening today -- WITH all of the subsidization. It is leveraged up the hilt and is bleeding cash.

It's all hype -- and some of you are trying to convince me the hype is justified. OK.

And I'll believe it when it financially makes sense for me to go off the grid and power my home with solar panels and Tesla batteries. That option doesn't even exist today, let alone in an economically smart way.

 

Yes, I did read it. I just find it weird when it tells me how it is GOING to disrupt the world. ... and buried in the middle is this:

That is hype surrounded with the inconvenient reality.

The problem with the "Well, prices will come down and this will happen and that will happen. ... and just give it time. ... and then this will happen" is that there are other competing technologies out there that are already coming down even faster in price and have greater potential than batteries that aren't actually all that innovative. For example, your piece gave short attention at the end to more advanced, technologies such as flow battery technology and compressed air energy storage.

When we look back 10 years from now, I have no doubt that energy storage solutions -- to one degree or another -- that we couldn't conceive of 10 years ago will have gained adoption -- for the reason that they make sense. What I am afraid of is that Elon Musk's heavily subsidized businesses will NOT have been the ones that actually end up having made sense. And at the end of the day, we would have ended up with the ones that DID make sense without all the bullshit and billions of dollars of publicly-financed debt going to the guy who had friends in government buildings.

EDIT: I should have said this also. To the extent that his sucking money in diverts capital from technologies that might have succeeded in an actual competitive marketplace that allowed them to attract the capital instead. ... his companies harm us, they don't help.

 

I love you. More than words!

 

Couldn't be more untrue. ... Only thing I am loving more than the euro nowadays is the Japanese yen.

 

Yes, you have posted it 1,000 times -- virtually every time you want to masturbate on a thread.