After all of the sketchy contracts that musk seems to be getting under this regime, the next administration should nationalize SpaceX. With their corrupt self dealing, perhaps give him a dollar or so for it.

That’s because Tesla’s stock valuation was always based on “revolutionary new shiny thing!” rather than “making and selling cars”.

musk has to constantly come out with a new reason why the stock justifies a valuation so insanely high (was worth more than all other car companies combined). “Full self driving!” “Robotaxies!” “Fully automated manufacturing!”, etc….

That’s also why musk can extort $50B payoffs from Tesla. So much of their value is based on his BS powered reality distortion field that they’re terrified of what might happen if he leaves.

Now, there’s huge risk inherent in banking everything on the very stable genius musk as they’re learning.

The EV1 was too far ahead of its time. The tech wasn’t there and to even accomplish what they did cost far more than they could hope to sell it for. An estimate that each EV1 cost GM around $100k to make in the early 90’s (so around $200k in today’s dollars).

Battery tech has progressed massively since then and makes all of this possible now (even if it’s still expensive).

Smart cars had to pass US crash test standards and have the appropriate safety equipment. The kei trucks that you can currently import and use are 25+ years old and wouldn’t have even passed US standards back then. Your legs are the crumple zone in these things.

I assume that new ones would have a chance, but it’d be expensive for a manufacturer to modify and certify for the US market. Small cars haven’t sold well here, and the profit margins are slim.

Maybe with the recent size and price increases in autos here, well see some movement. I’d love a modern Honda kei to go with my element.

Probably, but for other reasons. Neither of those are owned by the US, are they?