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Further thoughts about Tesla

    are reports now that Tesla is entering into  an unlikely partnership,   a plan to buy “blade batteries” from a Chinese company, BYD, for delivery in the second quarter of next year. This is a new generation of battery that may have a lot to do with the course taken by the electric-car industry. That has nothing much to do with this....  In the second quarter 2021, Tesla reported more than $1 billion net income, and earnings per share of $1.45, which beat analyst  expectations of just $0.98.  Tesla’s overall automotive revenue for the quarter was $10.21 billion.  Critics have sometimes knocked Tesla for relying too much on the sale of regulatory credits  as a source of revenue.  A regulatory system in California, like analogous systems in Europe, give credits to automakers depending on how many EVs they manufacture. Those who don’t manufacture a sufficient number of EVs to keep the regulators happy can avoid penalties by buying ...

Filtering Climate Change Policy through Labor-Management Politics

Tesla is the world's largest manufacturer of electric vehicles.  It is also the one corporate word that comes to mind when one hears the phrase "electric cars." And it has a plant for making them in California.  It was odd, then, that when President Biden held a press event specifically to tout his program for spurring American made EVs, there were corporate executives present, with great smiles: execs from GM, from Ford, and from the successor-corp. to Chrysler, now known as Stellantis. But nobody from Tesla.  Heck, Ford's recent entry into this market is the Mach-E. But it doesn't make them in the US. It makes them in Mexico. Yet Ford is at the big Event and Tesla is not?  Fortunately, Biden's press secretary, Jen Psaki, explained the reason for us. "Well, these [GM, Ford, and Stellantis] are the three largest employers of the United Auto Workers, so I'll let you draw your own conclusions."    So it seems safe to infer that US EV policy under P...