FROM Chelsea Sexton
Is Southern California’s Electric Car Industry Losing Its Charge? Solyndra was the Bay Area maker of solar-panels that went bust despite taxpayer loans from the Obama Administration. Now Fisker is being called the “Solyndra of electric vehicles.” Mayor Villaraigosa said Fisker would be part of an electric-car industry centered in Southern California, but Fisker is now on the edge of bankruptcy. Today at a committee hearing in Washington Ohio Republican Jim Jordan, chair of the Oversight and Government Reform Committee, was scathing about Fisker’s potential market and its political backers.
Tesla Takes Investors on Another Joy Ride Tesla Motors of Palo Alto makes electric cars, and it's the first American automobile company to go public since the Ford Motor Company started selling shares in 1956. After yesterday's Initial Public Offering, Tesla stock surged from $17 to a peak of $30, and closed today around $24. Tesla now makes a $109,000 electric Roadster, and plans to mass-produce a luxury model priced at $50,000, but it could be a long time before the company turns a profit.
Will California kill the electric car – again? in 1990, California’s Air Resources Board demanded that, by 2003, 10% of the automobiles in the state be zero emission vehicles. That would have meant 100,000 cars per year running on electric batteries or hydrogen cells. Since then, the mandate has been pushed back 4 times, down to 25,000 cars per year by 2012. Today, the CARB, as it’s called, was looking at a staff recommendation to reduce that by 90%--down to 2500 a year.
The Trump agenda: where's the beef? President Trump says big things are happening. After celebrating a House bill on health care, he doesn’t yet have Senate agreement. With James Comey’s public testimony scheduled tomorrow, the President today tweeted his selection of a new FBI Director. Is the Chief Executive all style and no substance? Later, terror attacks in Iran and conflicting claims about who’s behind them.
What is Trump's plan for Middle East peace? On his first foreign tour, President Trump has promised "peace" between Israel and the Palestinians. Are there any details for re-starting talks that have been stalled for the past three years?
The longest US war: Will Trump send more troops to Afghanistan? The Trump White House is divided over the Pentagon's request for more troops in Afghanistan—where the US has been fighting for the past 16 years. Is there a formula -- either for "victory" or a political settlement? Is there an end in sight for America's longest war?