Tag "Tesla"
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BMW runs over Tesla
Remember how Tesla boasted it was hooking up with German auto giant BMW? Turns out it’s not happening. Digital Trends reported: Well, it turns out the story was a bit of a wash, because BMW officials recently told German magazine
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Tax subsidies hurting CA
You might think individual tax subsidies, such as the film credit for Hollywood that just was tripled to $330 million, would help California. After all, they cut the taxes of some companies. Certainly, they help those individual companies. But unless spending
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Crumbling infrastructure hurting economy
How can you tell there’s a pothole up ahead on the road? Look for the sign, “Welcome to California!” A new study by the National Association of Manufacturers found the country’s crumbling roads are hurting productivity by delaying supplies to
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Despite incentives, Tesla stiffs CA
Ensnared by deep contradictions between its regulations and priorities, California officials failed to close a massive deal with automaker Tesla, allowing Nevada to ink a landmark agreement. California and Nevada were just two of the states vying for Tesla’s $5 billion “gigafactory,”
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CA, Tesla and the slippery slope to crony capitalism
The decision of Tesla to locate its “gigafactory” in the Reno area instead of California offers critics of the state’s business climate a chance to once again knock Gov. Jerry Brown and other state leaders for failing to care about
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Tesla could get enviro exemption
California is known for egalitarianism and extreme environmental laws. But some animals are more equal than others. The Times reported: The state would exempt Tesla Motors Inc. from some of its toughest environmental regulations as part of an incentive package being
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Brown signs defense industry tax break with hidden Tesla perk
Governor Jerry Brown signed into law Thursday a special $420 million corporate tax break for defense contractor Lockheed Martin. If that wasn’t controversial enough, now word has surfaced that the bill also included a hidden perk for electric auto maker Tesla
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Tesla latest CA company to diss Golden State
Tesla Motors, the Palo Alto maker of luxury electric cars, is holding its annual stockholder meeting next Tuesday. It will be interesting to see whether CEO Elon Musk announces the two states that will compete in a “bakeoff” to
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Gov. Brown excuses Toyota move with Schumpeter
It was free-market economist Joseph Schumpeter who coined the phrase, “creative destruction.” He meant that a dynamic economy doesn’t stand still. That cars replace buggies; trucks replace conestoga wagons; computers replace typewriters; smartphones replace line phones. A dynamic society is different
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Now Toyota leaves CA for TX
In another major blow to the California economy, Toyota is moving its headquarters from Torrance to Dallas after 57 years here. The excuse is that it wants to be near its manufacturing plants in the Southeast. That itself is telling. Toyota
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