Tag Archives | Subsidies

Green Tulip Mania

Elon Musk may finally be running out of other people’s money. That’s the upshot of a report on how Tesla is burning so much cash it may run out by the end of the year. This is a company that has raised more than $5 billion from its investors so far, and it is still […]

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What Is Subsidized and What Is Not Subsidized

New York Times technology columnist Farhad Manjoo recently touted electric cars—Tesla, actually—as a case where government regulations can have an economically beneficial effect by promoting innovation. “Researchers who study regulation and its effects on business said there have been numerous instances in which regulation speeds along, rather than impedes, technological progress.” After all, we wouldn’t […]

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Elon Musk Is Revolting

Elon Musk, the PayPal co-founder who used his fortune to start a trio of “visionary” companies—Tesla, Solar City, and SpaceX—recently went beyond pitching the supposed virtues of his own technology and called for a broader social revolt aimed at taking down his rivals. Complaining that a “carbon tax” intended to fight global warming was being […]

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