VW will — apparently — stop selling the mainstream, affordable version of the Golf hatchback next year, leaving only the high-performance GTI and Golf R versions on the roster. This represents a winnowing of the IC herd as VW doesn’t…
Elon just admitted something that is getting very little coverage — and no explanation. He announced that Tesla will no longer be selling the “affordable” $35,000 Model 3 he promised would be Tesla’s first mass-market electric car. Like so many of Elon’s…
Everyone knows about EVs — electric vehicles. But EVs are also something else: Elitist Vehicles. The least expensive EVs costs a lot of green — $30,000 to start for the Nissan Leaf, several thousand more for the next-up Tesla 3 ($35,000)…
The Washington Post recently reported green energy guru and Tesla CEO Elon Musk flew more than 150,000 miles (at company expense) in his corporate jet in 2018. Meanwhile, his electric car company lost more than $100 million per week in 2018. Even…
Which came first: the Tesla or the subsidy? The subsidy, of course. PayPal billionaire Elon Musk — along with Washington Post owner Jeff Bezos — are the poster boys for the left’s version of capitalism. The Post was always a left-leaning newspaper but…
Luke Skywalker was tempted by the Dark Side — but didn’t give in to it. Elon Musk and Jeff Bezos did. Both began as promising free market Jedi — but have become Sith Lords of crony capitalism. Musk went from earning an…
Last month, I wrote about Tesla CEO Elon Musk’s contemptuous and breezy dismissal of questions asked by financial analysts about the cash flow situation at Tesla. Would the company need yet another infusion of money to remain afloat? Lame! Next question….
The death of the perpetually tardy Model 3 may ultimately have less to do with it being an overpriced electric car than with something even more lethal to its chances… It’s a too-small sedan. Electric or not, they aren’t selling….
The defenders of Silicon Valley are fond of pointing to the many benefits that America’s tech sector has conjured, seemingly from thin air, and to the great virtues of those who run these modern day titans of industry. We all…