IPFS News Link • Business/ Commerce
The Crony Capitalist King
• ericpetersautos.comTesla fanbois – and Musk himself – will tell you all about the virtues of his electric cars. They are sleek and speedy. This is true. But they are also 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) and come standard with a number of significant functional deficits such as a best-case range about half that of most conventional cars and recharge times at least 4-5 times as long as it takes to refuel a conventional car.
That's if you can find a Tesla "supercharger" station.
If not, then the recharge time becomes hours rather than half an hour.
But 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 (rather than the "buyer") is the one who gets the bill.




