Henry Ford goes down in history as the man who mass-produced cars. Elon Musk will go down in history as the man who mass-produced government subsidies. From Eric Peters at ericpetersautos.com:
Elon Musk is hailed as a “genius” by some.
And he is – but not in the way they mean it.
Like Henry Ford, Musk took something he didn’t invent that was essentially a curiosity and recast it in a different way. The difference being that when Henry Ford simplified the car by standardizing parts and mass producing them on an assembly line – as opposed to hand-building them, one at a time, as had been prior practice – the result was a much less expensive and far more practical car that almost anyone could afford to buy.
The early electric cars were simpler as well as more practical than non-electric cars; this was a big part of their initial appeal, 100 years ago, when they were (briefly) competitive with early non-electric cars. You didn’t have to hand-crank the engine and risk breaking your wrist – because of course there was no engine. Instead, an electric motor connected to the drive wheels and an array of lead-acid batteries. The car turned off – and on – and off you went.