China’s Smog Problem and its Causes

by Jason Xu

Smog in Beijing made headlines last December when the Chinese government had to shut down schools to protect children from “hazardous level” air. People all over the world saw pictures of Beijing and could not believe their eyes. It looked like a sand storm, except it was not sand in the air, but tiny particles that entered and stayed in people’s lungs. Some particles, referred to as PM 2.5, were even more dangerous because they could enter the bloodstream from the lungs. As scary as it looked in pictures, it was scarier to be there in person. I am from Beijing and I had personally experienced the smog on a daily basis. Continue reading

Plunging Oil Prices and Their Effect on the Electric Vehicle Industry

by Jason Xu

In an invterview with CNN, CEO of Tesla Motors, Elon Musk, acknowledged that the electric vehicle industry will be hurt by falling oil prices, saying that “it just makes economic sense.” However, Musk showed little concern toward his own company Tesla Motors. He explained that even though the entire industry will be hurt by plunging oil prices, Tesla’s Model S and Model X will still be competitive in the market, because they are hugely differentiated, unlike other cheaper electric vehicle in the market. Musk also talked about Model 3, Tesla’s affordable electric vehicle aiming to hit the market in 2017. Continue reading