Tesla

One must always look askew at anything and everything Mr. Musk spouts, in spite of his brilliance. For many believe insanity may be the other side of genius.

Tesla reported second quarter results earlier this month. Despite losing $718 million during the quarter, Tesla shares rose 16 percent on renewed promises of profitability.

More subsidies from exhausted California taxpayers cannot compensate for hard realities

Electricity prices for people without solar panels are likely to increase in Nevada following Gov. Brian Sandoval’s decision to sign a bill that guarantees owners of rooftop solar systems will receive 95 percent of the retail rate for the electricity they sell back to the grid.

Imagine a product that performs so well, that an evaluator says it busted through the top of its grade scale, yet that same scorer can’t recommend the product due to issues of reliability.

Musk once showed he knew how to fill a market niche, but lately he has specialized in taking the easy way to more wealth, bilking taxpayers out of billions of dollars through various crony socialist schemes requiring generous state and federal subsidies doled out to his high tech money-losing efforts.

Last time we checked on Tesla Motors – as 2014 closed – we noted a growing skepticism largely due to CEO Elon Musk’s consistent habit of overpromising production and results, without delivering.

Nikola Tesla, the Serbian-American inventor, while not a household name, has been recognized by the scientific community many times over the years. The metric system unit for magnetic field strength, for example, is known as the tesla. Tesla made many contributions to various sciences over the years, including pioneering work in magnetic fields, induction motors, and electricity. In recent years, various communities on the Internet have sought to lionize Tesla’s life and to expand knowledge of his scientific achievements. This goal is a noble one, as Tesla’s life is frequently reduced to the position of footnote in science histories. But these communities have also engaged in a very wrong-headed pursuit: trashing the reputation of Thomas Edison.

It was all too much too soon for the electric car with a minimal track record.

A few years need to past, and more stability added, before we anoint Tesla as “the next Apple.”

The publicity surrounding President Obama’s failed strategy to stimulate the economy, by putting clueless manager Steven Chu in charge of the Department of Energy’s lending activities, has become so bad…