re: Investing In Tesla

back to the guy who said tesla wouldn't be around without subsidies.....

It's sort of true that Tesla wouldn't exist without clean air incentives. They would have never attempted it. Why bother with it? Cars in general would be a lot dirtier without various rules and regulations and such. I'm from originally from CA and if you look at pictures of LA in the 50s, it had smog as bad as the big cities in china today, it was awful till we began to regulate pollution standards in the US.Big auto didn't fix CA smog, CA did via clean air regulations.

Big auto did their thing: Big auto opposed the clean air regulation improvements every step of the way, of course. Point being the car industry has long history of needing regulations and incentives to keep them from killing people and needlessly drowning cities in smog. ZEVs are just of the more modern implementations of these goals. System works, China is copying it and setting more ambitious EV standards