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