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Andy Grove: The U.S. must create an electric car industry - Apr. 17, 2009

Tony Karrer Delicious EVdriven

Just this past year Russia sent tanks into oil-rich Georgia, and an oil tanker was hijacked off the coast of Somalia. The power and efficiency of the internal-combustion engine were at the core of the development of the automobile. We would also have a degree of resilience in the face of threats. And they exist. 24.17% CBS Corp 6.76

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Deciding that the future of transportation, and therefore their survival, will be based on EVs, many of the top auto companies have promised to end production of their internal combustion engine (ICE) vehicles by 2035, if not earlier. It's not relevant for a buying decision," argues BMW Group CEO Oliver Zipse.

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Tesla Q1 2024 Earnings Call Transcript: April 23, 2024

Teslarati

And if the company generates a lot of positive cash flow, we could obviously buy back shares. So, people don’t understand that all cars will need to be smart cars, or you will not sell, nobody will buy it. Elon Musk: Yeah, so it’s “license it or nobody will buy your car.” That is a fact, they have an opportunity.

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