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China Launches World’s First All-Electric Cargo Ship

Authored by Zainab Calcuttawala via OilPrice.com, Tesla is not the only one bringing electric engines to cargo transport. China just launched its first all-electric cargo ship, which will travel 50 miles at a top speed of 8 miles per hour on a single charge. Though it will be able to carry 2,200 tons of cargo […]


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 […]


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 […]


“This Is A Tax Bomb”: Norway Considers Massive “Tesla Tax”

Elon Musk can’t seem to catch a break lately with cash burn rates surging to new highs every quarter and embarrassing rumors suggesting that the company, one that was supposed to be the most technologically sophisticated auto manufacturer in the world, has been making parts by hand to try to get Model 3s on the […]


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 […]


Electricity YAY!

By Chris at www.CapitalistExploits.at Britain to ban sale of all diesel and petrol cars and vans from 2040 So says the Guardian. Which follows on from: France to ban sales of petrol and diesel cars by 2040 This follows Norway, The Netherlands, Germany and now – the big Daddy… China plans to ban sales of fossil […]


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 […]


‘Inconvenient’ Fact: Morgan Stanley Says Electric Cars Create More CO2 Than They Save

For all the funds out there looking to fill their portfolio with “environmentally conscious” companies working diligently to avert an inevitable global warming catastrophe that will result in the extinction of the human race, we guess in lieu of their actual fiduciary duties to simply make money for their investors, Morgan Stanley has compiled a […]


Will EVs Break The Grid?

Authored by Tsvetana Paraskova via OilPrice.com, While the UK government has vowed to end the sale of all new conventional gasoline and diesel cars by 2040, as part of a wider plan to fight air pollution, there is talk that electricity demand will lead to a fast and dirty response to a strained power grid. […]