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Tesla shareholders are effectively funding R&D for BMW/Honda/Toyota/GM/Ford etc.
by waynebaswell 9y ago
Tesla shareholders are effectively funding R&D for BMW/Honda/Toyota/GM/Ford etc.
- swagasaurus-rex 9y agoThere's a sizable number of shareholders that are happy to be doing so; an electric world to them is better than an ICE one.
- stephengillie 9y agoToyota's Hybrid Synergy drive was patented in 1969, and in use 6 years before Tesla was founded. (10 years before Musk was on the scene.) The drive is available in numerous models, including plug-in hybrids. These cars only perform better with more batteries added. Over the long term, it's interesting to ponder removing the ICE entirely and put a battery pack in its place.
- pretendscholar 9y agoUniversities and by extension the rest of society funded the R&D for Tesla. Why do Tesla fans have such a persecution complex?