Tesla and Musk Not Invited to White House EV Party. That Makes No Sense.

Barrons2021-08-06

President Biden wants 50% of cars manufactured to be electric by 2030. He wants America to be an electric-vehicles leader. He surrounded himself with automotive executives to discuss the initiative on...

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Comments

Derrick3388
2021-08-06
Derrick3388
Weird [疑問]
IvanOon
2021-08-06
IvanOon
US gov does senseless sriffs at times
- Shindokai:
  Finally
Tansri
2021-08-06
Tansri
Well, when the Biden became President already making no sense.
IZLIN
2021-08-06
IZLIN
@Meow17 @Sagi08 @simplydkamno partying? [Sly]
Nicholeswong
2021-08-06
Nicholeswong
Like
WW1012
2021-08-06
WW1012
Wow

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That Makes No Sense.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-06 08:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-musk-biden-ev-stock-51628202850?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>President Biden wants 50% of cars manufactured to be electric by 2030. He wants America to be an electric-vehicles leader. 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He wants America to be an ele","collect":0,"end_time":0,"defaultTopTitle":"barrons.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"泰斯拉和马斯克没有被邀请参加白宫电动汽车派对。那没道理。","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"President Biden wants 50% of cars manufactured to be electric by 2030. He wants America to be an electric-vehicles leader. He surrounded himself with automotive executives to discuss the initiative on Thursday. Curiously, Tesla, the undisputed U.S. EV leader, wasn’t represented.\nThey weren’t even invited—at least according to Elon Musk. Regardless of how investors feel about Tesla or how they feel about peers, it’s odd.\n\nTesla (ticker: TSLA), of course, sells more EVs than anyone in America. Between 2015 and 2020 there were 974,000 all electric vehicles sold in the U.S. Roughly 730,000 of those, or 75%, are Teslas—they are the American EV market.\n(Tesla doesn’t report deliveries by geography, but they report sales by geographic region allowing for a calculation of local volumes.)\nAnd so far in 2021, Tesla has sold about 386,000 vehicles. Roughly 165,000 were sold in the U.S. General Motors(GM) for comparison, has sold only about 20,000 EVs over the same span.\nThe White House didn’t immediately comment on the decision, but Secretary of Transportation Pete Buttigieg said on CNBC “we are moving toward a future where this is all across the market. I don’t want there to be a perception that this is just…a luxury thing or…or cars that you use to zip around cities.”\nThat statement is as curious as the non-invite.\nTesla does have luxury offerings. 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All of its U.S. sales volume is made in the U.S. It has two of the top 10 cars in Cars.com(CARS)American-Made Index. The Model 3 is first on the list and the Model Y is third. Both are assembled in Fremont, Calif. Later in 2021, Tesla should start producing its Cybertruck—which starts at $40,000—in the company’s new Austin, Texas, plant.\nThe Tesla snub has been good fodder for Musk on Twitter(TWTR). And it doesn’t really matter in the long run, just so long as the Federal government doesn’t play favorites—either way—as the traditional auto industry ramps up is EV effort and overall EV competition builds.\nThe non-invite didn’t seem to particularly Tesla stock, although with a 0.5% gain Thursday—the seventh consecutive rise—it still lagged the broader market. 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[Sly]&nbsp;","listText":"<a href=\"https://laohu8.com/U/3581561113691319\">@Meow17</a><a href=\"https://laohu8.com/U/3582026494482473\">@Sagi08</a><a href=\"https://laohu8.com/U/3582502706085184\">@simplydkam</a>no partying? [Sly]&nbsp;","text":"@Meow17@Sagi08@simplydkamno partying? [Sly]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899429370","repostId":1155192664,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899464013,"gmtCreate":1628211352232,"gmtModify":1703503175661,"author":{"id":"3581820880472622","authorId":"3581820880472622","name":"Nicholeswong","avatar":"https://static.tigerbbs.com/7e402f2a08b476a2344a27957dfc582d","vip":1,"crmLevel":1,"crmLevelSwitch":0},"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899464013","repostId":1155192664,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":899465086,"gmtCreate":1628211310945,"gmtModify":1703503174369,"author":{"id":"3553224628095486","authorId":"3553224628095486","name":"WW1012","avatar":"https://static.tigerbbs.com/f992cdfebad899a930707fdd9a236024","vip":1,"crmLevel":2,"crmLevelSwitch":0},"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/899465086","repostId":1155192664,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":40,"commentSize":10,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.24.2","shortVersion":"4.24.2","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1155192664"}