Posted on May 20, 2016 by Matt Pressman
We wanted to circle back to an important story provide additional insights. As we noted in a previous post, nefarious alliances and carefully constructed government policies seem to be dangerously pointed directly at Tesla Motors [NASDAQ: TSLA]. Let's take a deeper look at how Volkswagen and Shell funded a research study to discredit electric vehicles (EVs) and Tesla. Also of significant concern -- VW (along with other German auto companies) had worked with the German government to put in place EV incentives that clearly are designed to keep Tesla out.
The Guardian recently revealed that, "VW and Shell have been accused of trying to block Europe’s push for electric cars... [as] executives from the two industrial giants launched a study on Wednesday night proposing greater use of biofuels, CO2 car labelling, and the EU’s emissions trading system (ETS) instead. In reality, such a package would involve the end of meaningful new regulatory action on car emissions for more than a decade, EU sources say. But Shell insisted it is not trying to block an EU push for electric cars." The report also includes an underhanded slide that clearly takes a swipe at Tesla. In order to shed more light on this controversial move by Shell and VW against Tesla Motors, we decided to film a segment on it on our video show, Electric Avenue (see below).
Furthermore, the Guardian reports, "Tesla’s chief executive Elon Musk has accused politicians of bowing to the 'unrelenting and enormous' lobbying power of the fossil fuel industry." Musk stated that, “We need to appeal to the people and educate them to sort of revolt against this and to fight the propaganda of the fossil fuel industry.” It's certainly possible he's referring to these studies and the German government's efforts to careful construct its electric vehicle incentives in a manner that keeps Tesla on the outside. For more on this affront to Tesla and the electric vehicle movement, you can also check out details in our prior story as well.