RealEconTV

Business news without the bullshit

Tesla is toast

Volkswagen's DieselGate

Subscribe to RealEconTV

Your e-mail address is kept absolutely private
We make it easy to unsubscribe at any time

Watch and wait

Tesla was massively subsidized. Those subsidies are disappearing.

Worse, big car companies are being forced into the electric vehicles business thanks to scams like Volkswagen's DieselGate.

The big car companies now have to enter the electric car market with massive volume to comply with emissions standards. Their gamble of using fraud to comply failed.

How will Tesla survive competition and a withdrawal of subsidies?

Answer: It won't.