I haven’t posted in a while and this is a little bit different. I wanted to highlight one of the main contributions Tesla is making in the world.
http://www.teslarati.com/tesla-patent-more-efficient-electric-motors/
RESEARCH.
Up until Tesla, research on things like electric motor efficiency and battery design were getting very little research funding from anyone. We got complacent and content with “good enough”. Well it looks as though much more work needs to be done because the potential for advancement is limited only by funding and now that Tesla has forced the issue, The Chinese, Europeans, even India are all committing to electric vehicles and spending prodigiously on R&D. Of course it is a bit embarrassing to have to admit that the company that started this is not getting support from its home country.
However, China is very happy to have Tesla build there and of course that means they get first shot at all of Teslas tech, which is far advanced of anyone elses. So there goes any leadership we would have had in the field.
So yes, Tesla is not paying dividends. Thank God. They are investing in R&D and building out capacity in a method know as “blitzscaling.” The more I read about the things Tesla is doing the more I understand why people do not get it. This whole thing is being run in a very different way from anything we would consider “normal” automotive business. That is called change. It is not something the US USED to fear. We USED to be the embracer of the new, the different, home of the GO BIG OR GO HOME attitude. Well folks that is exactly what Tesla is doing. What is really quite sad is how many Americans have forgotten what made us great to begin with.