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I for one. Disruption of complacent industries has defined our age, and been the motivator for countless entrepreneurs. Created more jobs than we can realisti
by stevenjgarner 4y ago
I for one. Disruption of complacent industries has defined our age, and been the motivator for countless entrepreneurs. Created more jobs than we can realistically measure, through the emergence of entirely new industries.
The established auto manufacturers have a long standing pattern of paying lip service to electric vehicles. General motors went so far as to reclaim, disable, crush, and/or shred virtually every model of the EV1, the first mass-produced and purpose-designed electric vehicle of the modern era. [1]. The manner in which GM created barriers to entry for electric vehicles with the EV1 program is the stuff of legend. [2]
TSLA has been the most shorted stock in history, with close to $57 billion being lost by short sellers between 2010 and 2021. [3]. That entrenched economic forces want Tesla ended is no secret.
The mass adoption of electric vehicles was Elon's stated goal with Tesla, and it looks like that is well on its way to being accomplished.
[1] https://en.wikipedia.org/wiki/General_Motors_EV1 https://en.wikipedia.org/wiki/General_Motors_EV1
[2] https://en.wikipedia.org/wiki/Who_Killed_the_Electric_Car https://en.wikipedia.org/wiki/Who_Killed_the_Electric_Car
[3] https://qz.com/1979325/tesla-not-gamestop-is-the-most-shorted-stock-in-the-world/ https://qz.com/1979325/tesla-not-gamestop-is-the-most-shorte...
- roflyear 4y agoI really don't think just b/c tesla "did it first" we should give a crap. We should only give a crap that companies are bringing cheap EVs to consumers. tesla is not doing that. > That entrenched economic forces want Tesla ended is no secret. Literally a conspiracy theory.
- stevenjgarner 4y ago> Literally a conspiracy theory. A conspiracy theory to have your stock undermined with unsurpassed short selling? Or for the president to hold an "EV Summit" and not even invite the company with the most US electric-car sales (74% over the past three years) who were recently dubbed the "most American-made"? [1] [1] https://www.businessinsider.com/tesla-beats-ford-as-most-american-car-2021-6 https://www.businessinsider.com/tesla-beats-ford-as-most-ame...