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Elon Musk fights old transportation with Tesla and SpaceX: 90 Seconds on The Verge

2014-04-25
Rock Paper Scissors shoot I'm Ross Miller and this is 90 seconds on the verge the Federal Trade Commission has come to Teslas defense in a very big way and no it has nothing to do with that whole electric car thing in an official blog post today the FTC warmed States not to create laws banning car companies from selling directly to consumers the FTC notes that Tesla currently poses no serious threat traditional dealerships the Commission's bigger point however is that whether or not Tesla's business model proved superior staying steadfast to a decades-old model like dealerships could produce quote harmful consequences to innovation and competition but Tesla fighting the system isn't really anything new for you on musk no it isn't in fact he's kind of made a name for himself trying to change established industries last August musk revealed plans for a so-called Hyperloop that could get passengers from LA to San Francisco in less than a half hour while seeing these plans come to fruition is years away if ever it still aligns with Musk's reputation of thinking big space acts another company must be founded was established with the goal of making space exploration affordable and the colonization of Mars a reality the whole military thing okay let's talk Bacchus the company has filed an official protest complaining that Boeing and Lockheed Martin heavy quote monopoly over national security launches basically SpaceX thinks they can launch military payloads better and cheaper musk says if allowed to compete on contract SpaceX could save the US government 1 billion dollars annually the war on SpaceX and Elon Musk check out the verge the last part coming up doing it right coming up somewhat bad Brian Williams coming up our big last impressions not working
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