Despite recent stock market jitters related to the coronavirus, the U.S. economy is doing well. Wages are growing, especially for lower-income workers, and unemployment is low. Yet calls are intensifying for the federal government to implement paid leave, which may…
Sacramento California has gained the obvious and well-earned reputation for having a regulatory environment that stifles innovation and restrains any company that comes up with new ideas. The most disturbing recent example is the passage of Assembly Bill 5, which…
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)…
Excessive partisanship and endless acrimony are common complaints lodged against the political class. There’s a lot to be said in favor of this narrative, but bipartisanship isn’t always what it’s cracked up to be, either. As evidence, consider the latest…
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…
Is there anything so permanent as a “temporary” government program? To test this question, consider the “Tesla” tax credit, the 13-year-old federal subsidy program for cars that don’t use gasoline. The credit, which allows taxpayers to take up to $7,500 off their…
Back in the ’90s, Michael Moore made a movie accusing GM of killing the electric car. He was wrong. The real killer wasn’t GM. It was a tag team of the market — and the government. One of those killers…
Porsches have never been inexpensive — but they’re about to become more so. You could call it the electric surtax — because that’s what it amounts to. And it’s probably going to be applied to us all, eventually. Porsche corporate —…