Comments on: BMW runs over Tesla https://calwatchdog.com/2014/12/04/bmw-runs-over-tesla/ Fri, 05 Dec 2014 18:02:50 +0000 hourly 1 By: vonborks https://calwatchdog.com/2014/12/04/bmw-runs-over-tesla/#comment-104243 Fri, 05 Dec 2014 18:02:50 +0000 http://calwatchdog.com/?p=71071#comment-104243 In the past 100 years advancements in internal engine technology has been mind-boggling, while advancements in battery technology has been mind-numbing, and with no major breakthroughs in sight. Real men drive Ferrari’s, a Telsa is a soccer-mom’s second car…

]]> By: Eric https://calwatchdog.com/2014/12/04/bmw-runs-over-tesla/#comment-104140 Thu, 04 Dec 2014 23:39:39 +0000 http://calwatchdog.com/?p=71071#comment-104140 The real story behind the Tesla market cap is the government subsidies, with CA leading the way. They actually sell the model S for a loss before you consider the zero emission vehicle credits from CA. Those are very lucrative, and transform an otherwise money losing company to one that has an inflated P/E ratio. They just can’t wait to sell more cars at a loss…and send the bill to Sacramento.

http://www.bloomberg.com/video/how-important-are-california-tax-credits-to-tesla-ypgRKxktSvqd990o_qhbXw.html

http://wattsupwiththat.com/2013/12/21/the-tesla-battery-swap-is-the-hoax-of-the-year/

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