Brian Grinder uses these photos — of his grandfather branding cows and his father recovering in St . Joseph ’ s hospital — to introduce his students to the concept of risk management .
Samuel Pierpont Langley ’ s “ aerodrome ,” ready to be catapulted from a houseboat on the Potomac River , 1903 . Langley spent 70 times as much as the Wright Brothers in his failed attempt to be the first to fly a manned heavier-than-air craft .
Hulton Archive / Stringer state tax credit for EVs .
According to The Wall Street Journal , the federal government currently provides a tax credit of up to $ 7,500 each for the first 200,000 electric vehicles sold by a manufacturer . Tesla will likely hit the 200,000 mark in early 2018 . When this happens , it will take about a year to phase out the tax credit . As the tax credit phases out , a subsequent reduction in Tesla sales is likely to follow .
Perhaps government-subsidized Tesla will be able to overcome all of the obstacles in its path and dominate the automotive industry with its EVs . Wouldn ’ t it be great , though , if somewhere a couple of obsessed , bicycle-shop-owning siblings , in their spare time and at their own expense , were at this moment perfecting an inexpensive EV with a single charge capacity of 1,000 miles or more ? Maybe it will even be capable of flight !
Brian Grinder is a professor at Eastern Washington University and a member of Financial History ’ s editorial board . Dr . Dan Cooper is the president of Active Learning Technologies .
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Elimination of Federal Tax Credits Likely to Kill US EV Market . Edmunds . com . 2017 .
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