Elon Musk, CEO of Tesla [NASDAQ:TSLA], plans to buy his cousin’s company, Solar City [NASDAQ:SCTY]. That has generated a lot of head-scratching in financial circles about how it will work out. Some facts commonly cited: Tesla is the most successful and biggest electric car company the world has ever seen.
RealClearEnergy — The battle lines around energy policy in this Presidential election cycle have been drawn early and starkly. It distills simply to shale versus solar. (Wind turbines can be included in the solar category since they capture the effect of the sun’s heat on the atmosphere.)
We now have clarity—even if it was assumed before—as to one more political chasm in this election cycle. At issue is “fracking” and the future for America’s enormous new shale energy industry.
Yes. It is a revolution. But it’s still early days, so the landscape is complex.
Even if you have no immediate plans to buy a drone (yet), a lot of people do. In a few years we’ve gone from a hobbyist niche to an estimated one million consumer-class or small-business drones sold last year in the U.S. alone. Such a steep growth curve has all the earmarks of a new product category.
Investor’s Business Daily — Relentless news coverage of oil prices has obscured a bigger story. We’re witnessing the emergence of a new oil era in which America becomes a player in global petroleum geopolitics. And none too soon.
City Journal — Fostering innovation on the sixtieth anniversary of Silicon Valley
