WUOMFM

Tesla Model 3

Daniel Howes / Detroit News

It’s good to be Elon Musk.

The chairman of Tesla, the electric car maker, cops to, quote, “production hell” for its new Model 3 compact. And the response from Wall Street? Mostly just yawns.

Parts of the car are being “hand-built,” – for now, anyway – and Tesla’s stratospheric shares take only a slight hit. Seriously?

Yes, it’s good to be ol’ Elon – often wrong, never in doubt and seldom punished.

General Motors' Chevy Bolt is expected to be in showrooms by the end of the year.
Mark Brush / Michigan Radio

With a new development in the march to lead the mobility movement, we check in with Detroit News business columnist Daniel Howes.

Howes joined Stateside to talk about his latest column "Tough auto game challenges Silicon Valley stars" where he says Silicon Valley has gotten a reality check in terms of what it takes to get a vehicle to market on schedule.

A House committee has approved a package of bills to expand the Freedom of Information Act (FOIA) to cover the governor and the legislature with a few exemptions.
Steve Carmody / Michigan Radio

Spending by lobbyists at the state capitol is on pace to break last year’s record.

The Michigan Campaign Finance Network reports lobbyists reported spending $21.7 million during the first seven months of 2016. During the same period last year, lobbyists spent $21 million.   

In all of 2015, lobbyists reported spending a record $38.7 million wooing Michigan lawmakers. 

Reporters getting a closer look at the Chevy Bolt concept.
Mark Brush / Michigan Radio

Many people are open to the idea of buying an electric car, according to a just-released survey by the Consumer Federation of America.

Thirty-six percent of people who don't know much about electric cars said they'd be interested in buying one someday; 57% who do know a fair bit about electric cars said the same.