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by dragontamer
1650 days ago
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California wrote an idiotic tax credit that gave +tax credits to vehicles that demonstrated a capacity to charge in under X minutes. Elon Musk shows off a battery swap demo on stage to "prove" it, and then grabbed the tax credit. Then he threw away the battery swap demo and never talked about it again. Its a combination of idiotic governance + a conman / liar at work. The government tax credit is a decent idea to spur innovation, but only if the government actually rewards money correctly. If it gives out money too freely, then the companies will just eat the government's face... they'll take the money but never actually develop the technology. |
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p.s. can you stop name-calling?