China does’t but they’re also making sure they’re putting on a show of leadership of the future. They are bringing more non coal fired electricity online than coal fired.
In doing so they demonstrating that they will lead, while the US will continue to be stuck in the past to benefit of those who’s minds and money are equally such in the past.
I actually enjoyed the fact they were the innovator and brought EVs to the world
in a big way and were the standard. I hate the fact they lost their way as a car company and crippled the US EV makers in the process too. But that’s all on
their CEO.
He essentially established a market before others could, and then he dominates it.
However, prior to 2016, much of his premise was climate change/sustainability. That has since turned into capitalistic motives, purely. He cares far more about preventing the growth of the EV sector because it hurts his company
Agree; but he gets credit for having the vision and ability to recruit the talent to
get it done.
I think Musk was always a capitalist and would market to whatever would work to
fund his passion. His passion (besides women) is building rockets with destination Mars. His support to get EV incentives removed has not helped him in the US;
it only lowered the sea for everyone, himself included. He hurt his company with
politics in the European market, and starting to get just steam rolled by China’s
quasi-capitalist companies. Not a good scenario for a car company. As car company, Tesla has $30-40 share valuation.
As a future products company innovator (robotaxi, personal robots, AI, etc) he gets the huge valuations for Tesla. Incidentally, he missed badly on having robotaxis in 1/2 of the US by end of 2025 or delivering real FSD. But none of that matters to
investors that continue to have Musk Fever.
Elon Musk has made a lot of promises for what Tesla Robotaxi would achieve by the end of 2025: fully autonomous rides for the public; expanded service areas in multiple regions; and coverage for half the US population, among other milestones.
Heck, why do we let kids get a tax free holiday before school starts? Why am I footing the bill for their nike sneakers and Taylor Swift binders? Crazy.
I used to be hesitant to use my FSD except on long stretches of strait road. Now, I use it all the time. It’s fantastic. When I get home, it will even pull in my driveway. Unfortunately, it doesn’t take the next step and pull into the garage. I have to do that myself.