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cairns 05-10-2016 02:22 PM

A view of Musk I share.....
 
His cars are pretty nice. But I don't want to pay for something I don't own...

Quote:

Column: Elon Musk, crony capitalist king
Eric Peters 11:36 p.m. EDT May 9, 2016
Elon Musk
(Photo: Marcio Jose Sanchez / AP)
If Elon Musk’s various projects are so fabulous, why do they all need government “help”?

Musk will tell you all about the virtues of his Tesla cars. They are sleek and speedy. This is true. But they are also very expensive (the least expensive model, the pending Model X, will reportedly start around $35K, about the same price as a luxury sedan like the Lexus ES350).

The real problem with Tesla cars is that no one actually buys them. Well, not directly.

Their manufacture is heavily subsidized — and their sale is heavily subsidized. Either way, the taxpayer is the one who gets the bill.

On the manufacturing end, Tesla got $1.3 billion in special “incentives” from the state of Nevada to build its battery factory there. This includes an exemption from having to pay any property taxes for the next 20 years. Another inducement was $195 million in transferable tax credits, which Tesla could sell for cash. California provides similar incentives, including $15 million to “create jobs” in the state.

Tesla does not make money by selling cars, either. It makes money by selling “carbon credits” to real car companies that make functionally and economically viable vehicles that can and do sell on the merits — but which are not “zero emissions” vehicles, as the electric Tesla is claimed to be.

Laws in nine states require each car company selling cars in the state to sell a certain number of “zero emissions” vehicles, else be fined. Since only electric cars qualify under the law as “zero emissions” vehicles — and the majority of cars made by the real car companies are not electric cars — they end up having to “purchase” these “carbon credits” from Tesla, subsidizing Tesla’s operations.

The amount Tesla has “earned” this way is in the neighborhood of $517 million.

It is estimated that Musk’s various ventures — including his new SolarCity solar panel operation and SpaceX — have cost taxpayers at least $4.9 billion, with Tesla accounting for about half of that dole.

Musk might point out that other businesses also get “help” from the government (that is, from taxpayers), but the real difference between Musk’s operations and those of say General Motors is that General Motors’ products are fundamentally viable while Tesla’s are not.

GM is happy to accept government “help” when offered, but it is not necessary for taxpayers to bankroll the production of Corvettes — nor provide thousands of dollars in cash incentives to each prospective buyer in order to “stimulate” sales.

Tesla could not build a single car without the government’s help. Or rather, the actual cost would be so prohibitive that virtually no one would buy a Tesla.

Yet even with massive subsidies at the manufacturing level and then again at the retail level, each Tesla still “sells” at a loss of several thousand dollars per car.

Why are taxpayers being forced to support the “purchase” of electric exotic cars? Why should taxpayers be made to subsidize any of Musk’s businesses?

The heroic real-life Tony Stark image notwithstanding, Musk is an operator — not a creator of value.

Eric Peters is the author of “Automotive Atrocities: The Cars We Love to Hate.” This has been adapted from InsideSources.

sammyg2 05-10-2016 02:32 PM

The company I work for has to pay around $75 million a year to buy tax credits from companies like tesla who get them for free.

Tesla is a scam company and is living off our tax money and Musk is history's most successful con-man. And the only reason he gets away with it is because of the people currently in charge in our gubmints.

DanielDudley 05-10-2016 02:41 PM

Solar electric is now being installed world wide at a rate that surpasses new Fossil Fuel plants. Solar electric power in Mexico is now costing around 4 cents a kilowatt hour, and is no longer government funded.

Even counting in Solyndra, US Government investments in alternative energy have more than paid for themselves.

Electric cars may not be quite the pipe dream some would make them out to be.

cairns 05-10-2016 02:55 PM

Quote:

Solar electric is now being installed world wide at a rate that surpasses new Fossil Fuel plants. Solar electric power in Mexico is now costing around 4 cents a kilowatt hour, and is no longer government funded.

Even counting in Solyndra, US Government investments in alternative energy have more than paid for themselves.

Electric cars may not be quite the pipe dream some would make them out to be.
Understand. New Mexico is very sunny. You have to ask how does their yield compare with say, London, Bangkok, or Washington DC (let alone Seattle Washington)? And how many eagles or plain jane birds get fried flying over those solar fields?

techweenie 05-10-2016 03:10 PM

Pretty ignorant article. Every car company gets similar offers. When Nissan moved to TN & MS, the tax breaks were in the millions. If NV wants to throw $1.3 B at Tesla for a battery co, it costs me nothing. Because I don't pay taxes in NV.

From the late 2000s, every car model meeting certain emission goals earned a federal tax credit up to a certain volume. I think it was $7500 each for the first 200K qualifying vehicles from each manufacturer. The idea was to prime the pump & get plug-in cars on the road. So with 500K Tesla Model 3s spoken for, maybe 200K will not earn a Federal tax credit. And Priuses would also be on the way to sucking up all Toyota's buyers' credits

Gogar 05-10-2016 04:14 PM

Quote:

Originally Posted by DanielDudley (Post 9114920)
Solar electric is now being installed world wide at a rate that surpasses new Fossil Fuel plants. Solar electric power in Mexico is now costing around 4 cents a kilowatt hour, and is no longer government funded.

Even counting in Solyndra, US Government investments in alternative energy have more than paid for themselves.

Electric cars may not be quite the pipe dream some would make them out to be.

Solar is awesome! It is a great supplement. In our lifetime It will not replace or even come close to replacing what we do with coal and fossil fuels. But yes it's still
worth doing, especially on an individual scale.

rusnak 05-10-2016 04:23 PM

Musk knows people are lazy and stupid in America. And they'll buy anything. That's how we get the battery powered car. Buy it to help save the planet. That's right, the whole freaking planet.

Gogar 05-10-2016 04:47 PM

Does musk claim his cars will save the planet?

wdfifteen 05-10-2016 05:06 PM

Quote:

Originally Posted by rusnak (Post 9115059)
Musk knows people are lazy and stupid in America. And they'll buy anything. That's how we get the battery powered car. Buy it to help save the planet. That's right, the whole freaking planet.

I bought my Volt to save some money. I don't think it will contribute much to saving the planet. But keep pushing your stupid stereotype. I'm sure there are a lot of people who still buy it.

aigel 05-10-2016 05:23 PM

Needs moved to PARF - good lord!!!

Tobra 05-10-2016 05:37 PM

Quote:

Originally Posted by aigel (Post 9115144)
Needs moved to PARF - good lord!!!

Pretty much

legion 05-10-2016 05:47 PM

Elon Musk: rent-seeking bastard.

red-beard 05-10-2016 06:24 PM

Quote:

Originally Posted by DanielDudley (Post 9114920)
Solar electric is now being installed world wide at a rate that surpasses new Fossil Fuel plants. Solar electric power in Mexico is now costing around 4 cents a kilowatt hour, and is no longer government funded.

Even counting in Solyndra, US Government investments in alternative energy have more than paid for themselves.

Electric cars may not be quite the pipe dream some would make them out to be.

I'm in the solar business. I don't think so.

red-beard 05-10-2016 06:25 PM

Quote:

Originally Posted by Gogar (Post 9115041)
Solar is awesome! It is a great supplement. In our lifetime It will not replace or even come close to replacing what we do with coal and fossil fuels. But yes it's still
worth doing, especially on an individual scale.

I depends on the use. Compared to running a small generator, solar is very effective. Compared to electricity produced in an electric plant, is is not.

red-beard 05-10-2016 06:26 PM

Quote:

Originally Posted by legion (Post 9115185)
Elon Musk: rent-seeking bastard.

I wish I had his marketing team!

Mi-Grid | Hybrid Energy System

brianvb 05-10-2016 06:34 PM

+1
I sell solar also . Great for RV's, weak for housing.
However, a co-generating furnace can make power from the light of the fire using gallium/antiminide solar cells. Very interesting. It solves the whole winter/night time problem.

kaisen 05-10-2016 06:44 PM

OF course Cairns would PARF-up a thread about Tesla. He's done it for several years now. Every single time. Without fail.

mistertate 05-10-2016 07:15 PM

Quote:

Originally Posted by cairns (Post 9114936)
Understand. And how many eagles or plain jane birds get fried flying over those solar fields?

dude

Gogar 05-10-2016 08:58 PM

Quote:

Originally Posted by red-beard (Post 9115237)
I depends on the use. Compared to running a small generator, solar is very effective. Compared to electricity produced in an electric plant, is is not.

Yes, that's what I meant, and you said it again, and better! :)

petrolhead611 05-11-2016 03:15 AM

Study just completed by an university in England has concluded that much of the pollution from cars is due to brake dust and tyre particles, and in the UK electric cars and to a lesser extent hybrids, being significantly heavier than regular cars, pollute just as as fossil fuelled cars because of increased tyre and brake wear. In the US where most privately owned vehicles are small lorries, or at least weigh as much anyway, the difference may not be so marked, but the tyre wear and brake dust pollution will be very significant from all those vehicles

john70t 05-11-2016 04:05 AM

Another Tony Stark type person was Stan Ovshinsky of https://en.wikipedia.org/wiki/Energy_Conversion_Devices.
Thin-cell and flexible solar panels with major NiMH advancement.

Unlike Tesla, they produced the building blocks which many other companies could use in various products...including electric cars.
Stick a solar panel on everything in sight.
Supporting that company would have been seeding the general field of business, per se.

Like the EV-1, that company was quashed by GM/government and Texaco.

Are we planning for the future?:
Middle East Business: Dubai plans to spend billions on clean energy push
https://www.washingtonpost.com/news/worldviews/wp/2016/04/25/saudi-arabia-announces-plan-to-end-its-addiction-to-oil/
Israel's Electric Car Network: Can It Change the World? - TIME
My only contention is that an electric grid should be anonymous.

berettafan 05-11-2016 04:45 AM

Quote:

Originally Posted by kaisen (Post 9115267)
OF course Cairns would PARF-up a thread about Tesla. He's done it for several years now. Every single time. Without fail.

yeah, what gives that guy the right to complain about how tax dollars are spent?

red-beard 05-11-2016 04:49 AM

Quote:

Originally Posted by Gogar (Post 9115376)
Yes, that's what I meant, and you said it again, and better! :)

See here. I write this stuff all day long

Mi-Grid | Hybrid Energy System

http://www.tetrawest.com/images/Mi-Grid_Economics.pdf

http://www.tetrawest.com/images/Mi-Grid_Economics_commercial.pdf

http://www.tetrawest.com/images/Mi-Grid_Mobile_flyer.pdf

http://www.tetrawest.com/images/Mi-Grid_90_fuel_reduction.pdf

http://www.tetrawest.com/images/Mi-Grid_How it_works.pdf

red-beard 05-11-2016 04:57 AM

Quote:

Originally Posted by john70t (Post 9115491)
Another Tony Stark type person was Stan Ovshinsky of https://en.wikipedia.org/wiki/Energy_Conversion_Devices.
Thin-cell and flexible solar panels with major NiMH advancement.

Unlike Tesla, they produced the building blocks which many other companies could use in various products...including electric cars.
Stick a solar panel on everything in sight.
Supporting that company would have been seeding the general field of business, per se.

Like the EV-1, that company was quashed by GM/government and Texaco.

Are we planning for the future?:
Middle East Business: Dubai plans to spend billions on clean energy push
https://www.washingtonpost.com/news/worldviews/wp/2016/04/25/saudi-arabia-announces-plan-to-end-its-addiction-to-oil/
Israel's Electric Car Network: Can It Change the World? - TIME
My only contention is that an electric grid should be anonymous.

But the company went bankrupt in 2012. The Uni-Solar flexible panels were neat, but too expensive.

GH85Carrera 05-11-2016 05:46 AM

One of my friends is very environmentally concerned. His household recycles virtually everything. They spend a lot of time and effort to be green and compost and buy energy efficient appliances. All of that is great for him.

He spent a lot a time researching hybrid cars vs electric cars vs high fuel efficient cars and trucks. He put a lot of time and effort in his research. Looking at the total pollution of the vehicle from manufacturing, to daily use and ability to get him to and from his job and as a vehicle for everyday use he ended up with a Toyota Highlander SUV. I love to tease him about driving a SUV. When I first met him he was a young single guy driving a 930 Turbo.

He needs to be able to drive to his in-laws place in the middle of nowhere Texas and haul wife and two kids and get to work in inclement weather.

techweenie 05-11-2016 06:13 AM

These infernal internal combustion engine-powered vehicles are inefficient compared to horse-drawn buggies. They are a passing fad.
- from Pelican Buggy Forum, 1906

JD159 05-11-2016 06:16 AM

Quote:

Originally Posted by techweenie (Post 9115635)
These infernal internal combustion engine-powered vehicles are inefficient compared to horse-drawn buggies. They are a passing fad.
- from Pelican Buggy Forum, 1906

Those internal combustion engines just don't have the range and reliability of strong horses! Not to mention they cost too much. Bunch of dudes!

widebody911 05-11-2016 06:26 AM

Quote:

Originally Posted by techweenie (Post 9115635)
These infernal internal combustion engine-powered vehicles are inefficient compared to horse-drawn buggies. They are a passing fad.
- from Pelican Buggy Forum, 1906

And Henry Ford is a con-man.

red-beard 05-11-2016 06:29 AM

Quote:

Originally Posted by JD159 (Post 9115640)
Those internal combustion engines just don't have the range and reliability of strong horses! Not to mention they cost too much. Bunch of dudes!

Horses had a range of 30 miles per day. A man could walk father. Even early cars had ranges in the low 100 miles. Plus, the cars had much higher average sustained speeds. They were truly an improvement.

Look at Patton in action in Mexico. Horses cannot gallop at high speed for long distances.

GH85Carrera 05-11-2016 06:39 AM

Quote:

Originally Posted by techweenie (Post 9115635)
These infernal internal combustion engine-powered vehicles are inefficient compared to horse-drawn buggies. They are a passing fad.
- from Pelican Buggy Forum, 1906

The horses also had a rather um crappy type of exhaust. Imaging NYC if all the cars and trucks were replaced with horse drawn vehicles. They would have mountains of crap to shovel or the streets would be as high as the skyscrapers in short order.

VincentVega 05-11-2016 06:41 AM

Talk about ****ty traffic

wdfifteen 05-11-2016 06:42 AM

Quote:

Originally Posted by petrolhead611 (Post 9115461)
Study just completed by an university in England has concluded that much of the pollution from cars is due to brake dust and tyre particles, and in the UK electric cars and to a lesser extent hybrids, being significantly heavier than regular cars, pollute just as as fossil fuelled cars because of increased tyre and brake wear.

I'm not sure I believe this.
On electrics in the US, much (but not all) of the stopping force is due to regenerative braking, which does not produce brake dust. I have no data, but I'd bet the minimal use of friction brakes on a 3500lb Volt produces less brake dust than the 100% use of friction brakes on a 3100lb Cruze.

red-beard 05-11-2016 06:51 AM

Quote:

Originally Posted by wdfifteen (Post 9115678)
I'm not sure I believe this.
On electrics in the US, much (but not all) of the stopping force is due to regenerative braking, which does not produce brake dust. I have no data, but I'd bet the minimal use of friction brakes on a 3500lb Volt produces less brake dust than the 100% use of friction brakes on a 3100lb Cruze.

True. In fact Toyota downsized the brakes because most of the braking was regenerative.

scottmandue 05-11-2016 07:03 AM

Quote:

Originally Posted by petrolhead611 (Post 9115461)
Study just completed by an university in England has concluded that much of the pollution from cars is due to brake dust and tyre particles, and in the UK electric cars and to a lesser extent hybrids, being significantly heavier than regular cars, pollute just as as fossil fuelled cars because of increased tyre and brake wear. In the US where most privately owned vehicles are small lorries, or at least weigh as much anyway, the difference may not be so marked, but the tyre wear and brake dust pollution will be very significant from all those vehicles

Um... and petrol power cars don't emit tyre and brake dust?

Jim Richards 05-11-2016 07:19 AM

Quote:

Originally Posted by VincentVega (Post 9115674)
Talk about ****ty traffic

https://m.youtube.com/watch?v=ugazcvzOM0Q

Tobra 05-11-2016 07:23 AM

Quote:

Originally Posted by GH85Carrera (Post 9115671)
The horses also had a rather um crappy type of exhaust. Imaging NYC if all the cars and trucks were replaced with horse drawn vehicles. They would have mountains of crap to shovel or the streets would be as high as the skyscrapers in short order.

In San Francisco, they used it to create Golden Gate Park

If you think a discussion about Mr Musk involving a group that is primarily American tax payers will not be political, you are a fool.

Even if an electric car produced no brake dust at all, there would still be the issue of tire dust, the toxic processes to produce the batteries and the fact that an electric car is, to a large extent, inefficiently powered by coal. Sweet tax subsidy though

1990C4S 05-11-2016 08:05 AM

Still 40% coal in America.

It appears California is only 1% coal, not counting out-of-state imported energy.

intakexhaust 05-11-2016 08:29 AM

Quote:

Originally Posted by petrolhead611 (Post 9115461)
Study just completed by an university in England has concluded that much of the pollution from cars is due to brake dust and tyre particles, and in the UK electric cars and to a lesser extent hybrids, being significantly heavier than regular cars, pollute just as as fossil fuelled cars because of increased tyre and brake wear. In the US where most privately owned vehicles are small lorries, or at least weigh as much anyway, the difference may not be so marked, but the tyre wear and brake dust pollution will be very significant from all those vehicles

I've wondered about and often questioned this for years. When occasionally mentioned in conversation, had some really widen their eyes. One is a chemical engineer working for a large tire producer. Add to the potential of and relation to cancer. If the latter, it would be such a massive undertaking in funding research and battles in the courts. So big it would bankrupt companies to countries in a domino affect. Taboo amongst oil producers, scientist and governments, but such is life.

wayner 05-11-2016 08:38 AM

To read this article objectively on needs to understand how start ups become going concerns.

Tesla now finally has product moving out the door but are still a startup company. The bet is that they will "soon" be a self sufficient going concern.

Creative financing is what got Apple off the ground and back off the ground a couple of times but look where it is now!

Disney doesn't pay property tax, yet florida seems to benefit greatly from having them there.

intakexhaust 05-11-2016 08:43 AM

Quote:

Originally Posted by widebody911 (Post 9115653)
And Henry Ford is a con-man.

Back when, Detroit had more electric cars than petrol powered. Made sense at the time. Henry's wife drove one as well.

We've had a few brass era electrics in the family collection. Fun stuff and actually quite capable even to this day. Basic runaround townie stuff. One of them that my BIL had achieved a 100 miles at a vintage car event. A vehicle built in 1910.

Petrol powered came to being and also made sense and the electrics and purpose was left behind. But, had we during all those years focused on an infrastructure catering to electric cars, I think we'd be far ahead today.

So here were are now, companies, govt., people arguing back and forth and attempts to get electrics back in the mainstream. I personally don't like how the sub'z and funding have funneled in a snarky way but.... my hats off to Musk.

Screw it, someone has to be both the good and bad guy. Oil and corrupt policy, gov. relations is not any different.

Go forward Mister Musk.


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