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Notes: Reading Wait but Why Tesla (part 2)

July 29, 2015

Article: http://waitbutwhy.com/2015/06/how-tesla-will-change-your-life.html

Notes:

“Biological horses got super upset if you tried to power them by fire”….LOL Sections on Greed, and Raging ambition are killer… Negative externality is well explained: ‘negative externality is how tobacco companies got away with murder for so many decades’

‘So if the car industry has a cupcake and its parents are forcing it to eat vegetables, the oil industry has a cupcake but its parents are forcing it to eat razor blades. The car industry will resist the veggies and have a little tantrum before grudgingly giving in—the oil industry will furiously try to gouge the parents’ eyes out in resistance because for him, this is life and death.’

When the 1990 California Zero Emissions Mandate forced car companies to make an EV in order to continue selling cars in CA, the oil industry saw it as a small tumor they needed to swiftly nip in the bud before it grew into a serious threat. Soon, a new voice popped up, a grassroots campaign called “Californians Against Utility Company Abuse” (CAUCA). The campaign staged protests against the state’s proposed utility investments in alternative-vehicle support systems. They also mentioned that “the environmental benefits of electric cars were dubious”39 But as it turns out, CAUCA was created by a PR firm who was hired and funded by the oil industry. Eventually, the mandate was repealed, EVs disappeared, and the tumor was squashed.

Now, there’s a new tumor for the oil industry—Elon Musk.’

‘I had this feeling again, last month, when I test drove a Tesla Model S. I had driven to the Tesla factory that morning in what had felt like a brand new rental car, and I left the factory in the same car, now feeling like a 1982 model.’

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