A Romney Presidency: A “Minor Impact” On America’s Electric Car Market?

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• If elected President, presumptive GOP nominee Willard Mitt Romney said he would...take a hard look at pending fuel efficiency mandates as well as electric vehicle (EV) subsidies.
• Even so, Tesla Motors CEO Elon Musk isn’t worried. Should he be?
• Elon Musk chief executive officer (CEO) of Tesla Motors said that a Romney presidency would have a “minor impact” on America’s EV market. Musk claims that there is a strong EV following...Musk thinks people want EVs and will buy them.
• Tesla Motors may start paying back its Federal loans early…despite another quarter of multi-million dollar losses.
• Tesla reported a 2nd-quarter loss of more than $105 million, worse than analysts expectations. Revenue was also down 54% from the same time last year, which would seem to indicate trouble at the electric car maker. But head-honcho Elon Musk doesn’t seem too concerned. In fact, Musk seems to think that Tesla can start paying back its $465 million Federal loan as soon as December.

Does Musk have an ace-in-the-hole?  Could it be that he believes that Obama will be back and therefore, there's nothing to worry about?  How does he keep the doors open if the profits aren't there and the debts have to be repaid?

One of the fundamental questions in this election is this one.  That is, should the private sector determine which technologies advance and which remain behind?  We shall see.