Current Climate: California, Tesla, and the EV Market’s Mixed Signals

Key Points:

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California’s Air Resources Board (CARB) announced new rules to ban the sale of new gasoline-powered cars by 2035.

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Tesla’s Elon Musk responded by tweeting that Tesla will build a gigafactory in Texas instead of California.

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The EV market is growing, but still faces challenges such as affordability and infrastructure.

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California’s ban on gas cars could accelerate the transition to electric vehicles.

Hot Take:

Well, folks, it looks like the EV market is giving us some serious mixed signals. On one hand, we’ve got California saying “no more gas guzzlers by 2035, y’all!” On the other hand, we’ve got Tesla’s Elon Musk packing up and leaving for Texas, saying “California, you’re bringing me down.” And let’s not forget about the affordability and infrastructure challenges that the EV market is still facing. It’s like a rollercoaster ride of emissions-free excitement and frustration. But hey, at least we’re moving in the right direction, right? Or are we just spinning our wheels? Only time will tell. Stay charged, my friends! #EVMarket #CaliforniaDreamin’ #TexasSizedChallenges
Original Article: https://www.forbes.com/sites/alanohnsman/2024/05/03/current-climate-california-tesla-and-the-ev-markets-mixed-signals-plastic-recycling-green-ammonia/