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Of course he gets paid. The rate is $0.01/click, like all the other SeekingAlpha authors. This was published on SeekingAlpha, right...?
"Conservative" critics always bring up subsidies but never mention the trillion dollar subsidy of paying for a huge military presence in the middle east. A simple analogy would be if the planet's only Lithium mine was located in an unstable country say, Somalia. Imagine if Elon asked the gov't to spend trillions for the military to secure the country and surrounding countries just so we could have EVs. Could you fathom the outrage, esp from Conservatives? But change Lithium to oil and the location to the Middle East, then its ok to spend trillions. Makes no sense.
Not to mention the fact that America pays for 95% of the costs protecting the Middle East but only use ~25% of the oil that gets shipped out. Basically American taxpayers subsidize the rest of the planet's use of Middle East oil. Let's see if the WSJ or Rupert Murdoch's media empire write an article on that subsidy. Hypocrisy.That's a great way of putting it. In a way (a roundabout one), electric vehicles and widespread renewable energy could do as much for world peace and national security as for the environment.
Nor do they ever bring up the $6B loan that Ford got and hasn't paid back."Conservative" critics always bring up subsidies but never mention the trillion dollar subsidy of paying for a huge military presence in the middle east.
These days the media does three things:
1. Makes headlines so that you will click on the story.
2. Writes articles that will please their advertisers.
3. Values entertainment over factual reporting.
But seriously, folks, can't you all accept that perhaps CR wasn't really objective?
I have a subscription to CR, but rarely find a balanced, evenly thought out article there. It's sad, given their reputation.
Even they admit that the P85D is much more expensive than any other car they've bought to review. So in that sense, they aren't even comparing comparable price-range cars. And how on Earth they were sure their ratings could only peak at 100, when it was possible to get 103, is beyond me.
I think the Model S is awesome and deserves a high rating. But that doesn't mean I take every rave without a grain of salt.
(I'm not defending Jenkins. But I will defend the WSJ: still the best source of news about the real world--oh, I mean the business world.)
Not to mention the fact that America pays for 95% of the costs protecting the Middle East but only use ~25% of the oil that gets shipped out. Basically American taxpayers subsidize the rest of the planet's use of Middle East oil. Let's see if the WSJ or Rupert Murdoch's media empire write an article on that subsidy. Hypocrisy.
So what would happen if the US just bailed on its Persian Gulf allies and said "hey, give us a ring when you stop the killing?" It's economic stability. I had a discussion with a distinguished financial planner recently and I asked him what would happen to the US economy if the price of gas went to $6.00 a gallon, right now. He stammered before responding. I find him very articulate, so when he eeked out "it would be bad, very bad," apart from immediately thinking of the Ghostbusters line, I believed I'd hit upon a cornerstone issue in the global economy. Transportation is almost entirely dependent upon barrels of oil. Global imports/exports would fall apart rapidly.
As an EV owner, I'm conflicted. I want us to stop using oil for environmental, political, and modernist reasons. Ehtanol is not an improvement for modernist reasons. It's also a food crop, so there's something inherently stupid about burning food for transportation when food is not abundant. I don't, however, want the Mad Max dystopia produced by a sudden and permanent shortage. The WSJ article (and so many others, politically conservative and liberal alike) that has some axe to grind with Tesla Motors may be motivated by keeping the people with power in their seats. I think it is fair to say that Consumer Reports is positively enamoured with the Model S. I think they had a very rigorous measurement of the P85D. They weren't headlining when they said that it broke their scoring system. Think about it: NHTSA couldn't flip or crush the Model S. Heck, the Model S broke the safety equipment, much less a scoring system.
If the WSJ is the voicebox of "keeping the powerful people in power," then if nothing else, we need to look at this as a clarion from that establishment that disruption by Tesla Motors is no longer intent, but widely accepted reality. If you thread this with the bit about the sketchy Audi Crossover SUV which is already obsolete before they even design it, then fundamentally, Tesla Motors has done more to dismantle that power choke-hold WSJ hopes to enforce than anyone imagined. Chevrolet is busy racing to build the unfortunately-named but optimistic Bolt. I'm excited about the Bolt. It holds promise to offer realistic competition in the auto market to make EV's everyday. Hitting that 200-mile range mark is a big deal in the USA. It means you can get to the next city over with one stop in the middle. It means you can drive around town all day on errands and not think about range.
So why is the WSJ about the establishment? Is it one author who is a Tesla-hater, or the vast R.M. media empire? It's one voice, big or small. All I hear from this smear piece is "Tesla Motors, you're more disruptive than you can possibly imagine."
Maybe it was my grade school years talking now, but if you're different and you stand apart from your peers, that non-conformity is hand-in-hand with a degree of bullying or persecution. What school kid ever got picked on for being an inarticulate C-student of average size and build, who laughs at all the jokes of the popular kids without thinking? WSJ, hear me: you are a schoolyard bully calling Consumer Reports names for saying "hey, the nerds at Tesla Motors make a disruptive machine that broke our rules for what makes a car great."
Just last month, I wrote to my local newspaper (Star Tribune) to tell them to stop sending me the "Free Trial" newspaper I didn't ask them to send, mostly because I got tired of picking it up off my driveway and pitching it. I don't read it and felt it was a waste of our natural resources. Mainstream print media is nearly dead. More and more money for fewer sheets of wood pulp. WSJ, you will be irrelevant, as the rest of the world graduates, and your fiefdom of power is wrested from you by the geekiest of scenes: young men and women wearing gowns and scholar caps.
I love how the ultra-conservative wealthy in America seethe with anger at the EV tax credit, and yet gleefully and with pride take the mortgage interest deduction, arguably the largest federal subsidy to the rich the world has ever known.