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I own Tesla stock and I'm glad to see this. Tesla has been a highly politicized stock... largely because Mitt Romney and Sarah Palin called it a "loser." My h
by andrewtbham 13y ago
I own Tesla stock and I'm glad to see this. Tesla has been a highly politicized stock... largely because Mitt Romney and Sarah Palin called it a "loser." My hope is that this will help get rid of that stigma and help them with their image and political battle with dealerships in red states, like North Carolina and Texas. This also removes some strings attached to the DOE loan. For instance, Tesla could be acquired (although I find that unlikely).
- axus 13y agoI wondered if the payback a political move; something to make the U.S. government look good after the problems with Solyndra and Fisker Automotive. Mentioning the other auto companies doesn't sound like an attempt to make the government look good, though, just Tesla.
- twistedpair 13y agoDon't forget, we tried to make Tesla dealerships illegal first here in Mass. NC was late on that one, so let's not make it a "Red State" matter.
- veritas20 13y agoIt's a preservation of money and industry matter.
- twistedpair 13y agoEver heard of the Tucker? It was the Tesla of its day. So Detroit sued them out of existence.
- andrewtbham 13y agoI agree, the dealership issue is not a red/blue state issue. It's one less criticism that can be used against Tesla... one that would likely be more effective in red states.
- deleted 13y ago[deleted]
- veritas20 13y agoIt's crazy to see that a "red" state, you know the champions of free-market and capitalism, would support such laws that restrict any manufacturer from selling directly to consumers. The obstacles being thrown in Tesla's path from the dealership associations fly in the face of capitalism and free enterprise. Before Tesla, I wasn't aware that these types of laws existed.
- NatW 13y agoClips from Fox on Tesla http://www.youtube.com/watch?v=WcHkIWkecY8 http://www.youtube.com/watch?v=WcHkIWkecY8
- elchief 13y agoKPMG predicts an 85% fall in the number of cars required (long term). Who do you think GOOG will turn to for the driverless cars? A big player or a little guy that can still grow in a shrinking market?