WarMachines.com

Industrial War Machine Complex – Buy Bitcoin Defeat Corrupt Governments Everywhere!!


WarMachines.com

Archives by tag

California Moves One Step Closer To “Mileage Tax”; Could Require Tracking Your Cell Phone Movements

Just a few months after implementing a massive 60% hike in gasoline taxes, raising them from $0.297 per gallon to $0.417, the state of California is now one step closer to implementing a brand new tax that would charge drivers for each mile driven.  As a quick example of how shockingly misguided such a piece […]


Carmageddon For Tesla

Authored by Wolf Richter via WolfStreet.com, This is where Hype Goes to Die… Yesterday was the monthly moment of truth for automakers in the US. They reported the number of new vehicles that their dealers delivered to their customers and that the automakers delivered directly to large fleet customers. These are unit sales, not dollar […]


The Wireless Power Grid: More Than A 100 Years In The Making

Authored by Julieanne Geiger via OilPrice.com, If you can imagine a massive, horrifying beast with some 6 million miles of tentacles that costs up to $33 billion to feed and $5 trillion to replace, then you can imagine the U.S. electricity grid. But it’s a beast that can possibly be vanquished, finally. How? Magnetic induction […]


VW Planning $12 Billion Investment In Electric Cars For Chinese Market

Just days ahead of this weekend’s Guangzhou Auto Show, Volkswagen has announced plans to invest $12 billion dollars into efforts to build coal-fueled electric vehicles in China.  According the Wall Street Journal, VW plans to produce 400,000 EVs by 2020 and introduce 5 new all-electric models each year through 2025. Volkswagen AG and its Chinese […]


Is This The Tesla Killer?

We all know the story behind Fisker, it was one of the world’s first plug-in hybrid electric vehicles in 2008, and even had a legal spat between Tesla, but shortly after in 2012 the company crashed and burned in bankruptcy. Last year, Henrik Fisker decided to relaunch his brand. He thought that one failure wasn’t enough—-just […]


Are Electric Cars As Clean As They Seem?

Authored by Zainab Calcuttawala via OilPrice.com, Tesla’s unveiling of its mass market Model 3 sparked a global interest in making electric vehicles the next big thing in automobile manufacturing. But can the category’s green agenda keep up with its metal and recycling needs? The concept of bunking the traditional engine for a non-gas guzzling counterpart […]


Tesla’s Having The Worst Day Ever As GOP Tax Plan Calls For Axing Electric Car Credit

Tesla may be officially having the worst day ever.  One day after announcing its worst quarter in history, in which it burned a record $1.4 billion in cash (which is about $15.5 million every single day, btw)… …a couple of GOP Representatives had to come along and propose a tax bill that would eliminate a […]


As Lithium Booms, Some Analysts Sound Note Of Caution

In “Mad Scramble for Lithium Mines From Congo to Cornwall”, Bloomberg puts some colour on current conditions in the red hot sub-sector. For evidence of just how hot battery ingredient lithium is right now, look no further than Australia’s AVZ Minerals Ltd. A penny stock until a few months ago, the mining hopeful has surged […]


Tesla Reportedly Preparing To Open Factory In Shanghai

As Tesla falls further and further behind in its quest to produce 10,000 Model 3 sedans a week by the end of next year, WSJ reported Sunday that, after months of talks with local government officials, Tesla has finally received permission to open a factory in Shanghai, one of China’s designated “free trade zones.” If […]


China’s Oil Demand Is Far Ahead Of Last Year’s Pace

Authored by Robert Rapier via OilPrice.com, OPEC recently released its Monthly Oil Market Report which covers the global oil supply and demand picture through July. OPEC crude oil production decreased by 79,000 BPD in August to average 32.8 million BPD. This marks the first OPEC production decline since April and was primarily driven by sizable outages in […]


Auto OEMs Plan To Flood Market With New Electric Car Models Despite Massive Losses

Last month we noted that Tesla really outdid itself in 2Q 2017 by posting a record cash burn of $1.2 billion, or roughly $13 million every single day.  Per the chart below, Tesla's Q2 cash burn was just a continuation of the company's money-losing trend that goes back at least 6 years and seems to […]


California Assemblyman Promises Bill To Ban Gas Cars By 2040

San Francisco Assemblyman Phil Ting would like for you to know that he has every intention of introducing new legislation in 2018 that will (i) make it much more difficult for low-income Californians to buy affordable vehicles and (ii) increase greenhouse gas emissions.  Of course, Ting didn’t word it in exactly that way but his […]


California Mulls Combustion-Engine Car Ban: “You Could Stop All Sales By 2030”

California, the state which single-handedly turned Elon Musk into the billionaire that he is today by forcing taxpayers to subsidize his unprofitable electric vehicle scam via “Zero Emission Vehicle” credits, is now considering a full ban of combustion-engine cars by as early as 2030. The potential ban was discussed by Mary Nichols of the California […]


How California Enabled Tesla By Forcing Competitors To Subsidize A Losing Business Model

It is no great surprise that Tesla hemorrhages cash.  As we pointed out last month when they reported Q2 earnings, making products that actually generate a return on capital for shareholders isn’t a strong suit of the Silicon Valley powerhouse.  In fact, Elon Musk managed to burn through a record $1.2 billion of cash in […]


China’s Electric (A.K.A. Coal-Fueled) Car Companies Soar On Promise Of Petrol Vehicle Ban

A few weeks ago we highlighted an ‘inconvenient fact’ for the publicly traded electric car manufacturers and the environmentally-conscious Left, namely that, according to Morgan Stanley, electric cars generate more CO2 than they save.  As a stark reminder to our left-leaning political elites who created these companies with massive taxpayer funded subsidies in the United […]