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POWER PLAY

TESLA, ELON MUSK, AND THE BET OF THE CENTURY

Readers fascinated by the hype of Tesla history will find a gold mine of facts and foibles in this immersive analysis.

A Wall Street Journal tech and auto reporter probes the evolution and histrionics of Tesla and its eccentric billionaire leader.

Higgins begins with the inception of Tesla Motors in 2003 by American engineer Martin Eberhard and his longtime friend, tech entrepreneur Marc Tarpenning, who both wanted to manufacture fuel-efficient sports cars. An early investor in the endeavor, Elon Musk soon joined the company ranks as CEO and fostered multiple rounds of investments from entrepreneurs eager to cash in on his goal to create affordable electric vehicles. With Musk consistently commanding center stage, Higgins chronicles Tesla’s prototype-to-production line, from the Roadster to its Model S, X, and 3 series. Each vehicle embodied intrinsic challenges involving battery production, transmission functionality, and funding—not to mention Musk’s nano-management style and wild Twitter storms, which had been highly criticized since he was ousted from PayPal. Boastful, stubborn, and ego-driven, Musk persevered despite the precarious state of Tesla’s financial health. The company burned through hundreds of millions of dollars each year and often faced dire bankruptcy projections despite a surge of preorders and Musk’s promises to deliver the Model 3. Higgins shows that while these financial and innovation issues seemed fatal to the company’s market longevity, a series of sudden, mostly monetized interventions changed the odds in their favor in what became a “defining feature of the Tesla narrative.” While Musk’s slick tech wizardry and visionary “startup gumption” butted heads with Tesla’s more grounded core of engineers, the company’s success was evident as the Model 3 became the defining product in its line. The author effectively combines his well-honed journalistic skills with revealing perspectives from industry observers, frustrated Tesla staff, futuristic engineers, and Musk himself, creating a spirited report on a company consistently embroiled in a swirl of melodrama and controversy. For an even fuller picture of the Musk aura, pair this one with Eric Berger’s Liftoff.

Readers fascinated by the hype of Tesla history will find a gold mine of facts and foibles in this immersive analysis.

Pub Date: Aug. 3, 2021

ISBN: 978-0-385-54545-7

Page Count: 400

Publisher: Doubleday

Review Posted Online: June 10, 2021

Kirkus Reviews Issue: July 1, 2021

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ABUNDANCE

Cogent, well-timed ideas for meeting today’s biggest challenges.

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  • New York Times Bestseller

Helping liberals get out of their own way.

Klein, a New York Times columnist, and Thompson, an Atlantic staffer, lean to the left, but they aren’t interrogating the usual suspects. Aware that many conservatives have no interest in their opinions, the authors target their own side’s “pathologies.” Why do red states greenlight the kind of renewable energy projects that often languish in blue states? Why does liberal California have the nation’s most severe homelessness and housing affordability crises? One big reason: Liberal leadership has ensnared itself in a web of well-intentioned yet often onerous “goals, standards, and rules.” This “procedural kludge,” partially shaped by lawyers who pioneered a “democracy by lawsuit” strategy in the 1960s, threatens to stymie key breakthroughs. Consider the anti-pollution laws passed after World War II. In the decades since, homeowners’ groups in liberal locales have cited such statutes in lawsuits meant to stop new affordable housing. Today, these laws “block the clean energy projects” required to tackle climate change. Nuclear energy is “inarguably safer” than the fossil fuel variety, but because Washington doesn’t always “properly weigh risk,” it almost never builds new reactors. Meanwhile, technologies that may cure disease or slash the carbon footprint of cement production benefit from government support, but too often the grant process “rewards caution and punishes outsider thinking.” The authors call this style of governing “everything-bagel liberalism,” so named because of its many government mandates. Instead, they envision “a politics of abundance” that would remake travel, work, and health. This won’t happen without “changing the processes that make building and inventing so hard.” It’s time, then, to scrutinize everything from municipal zoning regulations to the paperwork requirements for scientists getting federal funding. The authors’ debut as a duo is very smart and eminently useful.

Cogent, well-timed ideas for meeting today’s biggest challenges.

Pub Date: March 18, 2025

ISBN: 9781668023488

Page Count: 320

Publisher: Avid Reader Press

Review Posted Online: Jan. 16, 2025

Kirkus Reviews Issue: Feb. 15, 2025

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THINKING, FAST AND SLOW

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our...

A psychologist and Nobel Prize winner summarizes and synthesizes the recent decades of research on intuition and systematic thinking.

The author of several scholarly texts, Kahneman (Emeritus Psychology and Public Affairs/Princeton Univ.) now offers general readers not just the findings of psychological research but also a better understanding of how research questions arise and how scholars systematically frame and answer them. He begins with the distinction between System 1 and System 2 mental operations, the former referring to quick, automatic thought, the latter to more effortful, overt thinking. We rely heavily, writes, on System 1, resorting to the higher-energy System 2 only when we need or want to. Kahneman continually refers to System 2 as “lazy”: We don’t want to think rigorously about something. The author then explores the nuances of our two-system minds, showing how they perform in various situations. Psychological experiments have repeatedly revealed that our intuitions are generally wrong, that our assessments are based on biases and that our System 1 hates doubt and despises ambiguity. Kahneman largely avoids jargon; when he does use some (“heuristics,” for example), he argues that such terms really ought to join our everyday vocabulary. He reviews many fundamental concepts in psychology and statistics (regression to the mean, the narrative fallacy, the optimistic bias), showing how they relate to his overall concerns about how we think and why we make the decisions that we do. Some of the later chapters (dealing with risk-taking and statistics and probabilities) are denser than others (some readers may resent such demands on System 2!), but the passages that deal with the economic and political implications of the research are gripping.

Striking research showing the immense complexity of ordinary thought and revealing the identities of the gatekeepers in our minds.

Pub Date: Nov. 1, 2011

ISBN: 978-0-374-27563-1

Page Count: 512

Publisher: Farrar, Straus and Giroux

Review Posted Online: Sept. 3, 2011

Kirkus Reviews Issue: Sept. 15, 2011

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