* Posts by BigDCvx

1 publicly visible post • joined 4 Nov 2017

Tesla share crash amid Republican bid to kill off electric car tax break

BigDCvx

Tesla is probably OK

So the S is supposed to retail below US$40K. Is that with or without the subsidy?? If it is without, then this fab car should sell itself (as the order queue testifies). The bigger problem is that Elon's manufacturing engineers can't get out of each others' way. Perhaps GM should buy Tesla? GM has some credentials in manufacturing (though less in staying solvent).

Meanwhile, gubmint subsidies in general (ok totally) are a bad idea--distorts markets, costs taxpayers, increases deficits, rewards cronies.

Oh, and we're gonna have to build a whole bunch of nuclear power plants to fuel all this leccy stuff...