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to wean the state off gasoline eventually think this could be the tipping point, because it's such a huge car economy, 31 million gas vehicles right now in california. way more than the next two states i think florida and texas combined. so the influence of that. because general motors and ford, they don't want to have five different production lines for the same vehicle. you know, based on the pollution laws of different states. henry ford figured out uniformity is key to mass production of automobiles. unlike three years ago, general motors share a 0 carbon emissions future with california. ford is spending billions in this area. honda warns this is benchmark but we're going to need to figure out the production supply chain. not to mention the charging stations that need to be built out. the new power grid transmission lines to carry clean energy to charge all these new vehicles. again, opt midgetimists say eve
CaliforniaStatesStateTipping-pointFloridaGasolineCar-economyTexas-combinedTwo31-millionInfluenceGeneral-motorsyou because you're kicking our butt in the marketplace. you need to go away. if you're a competitor and you believe what you're doing, you're going to stand up and fight. and that is what we're doing. >> you're broadening this from this particular company. from your perspective, what are the implications here. >> the implications are enormous. the question is whether or not there can be resell markets for patented goods. that includes virtually anything. cars, cell phones, any equipment that companies buy and use in their production. if lex mark's rule is correct, the seller of those goods can say, once your purchase it, you don't have the right to resell it on the open market. or you don't have the right to repair it. or they can say you only sell to licensed dealers who will buy it at fixed prices. that's not how competition works. our car economy has always had robust secondary used markets and that's fundamental to the aspect of this case. >> thank you for stopping by.
CompanyCompetitorMarketplacePerspectiveButtStand-up-and-fightAnythingGoodsCompaniesUseImplicationsQuestionemployees have better fuel efficiency standards. some of these leases are absurd. harry teague, a man worth over $36 million spends close to $1300 in taxpayer money to lease his chevy malibu. i didn't know you could get a chevy malibu for that. i thought it would be less. it's extraordinary. gary miller in california spends $850 taxpayer money for an lexus hybrid saying he's over 6' tall and needs the space it provides me. i'm 6'2" and a ford hybrid fits me fine size wise. >> $1400 a money for a chevy malibu. we could go out and save them $700 right now. >> in their excuse, well, it was 2007. the car economy was not doing very well. also they say because they are members of congress, they can't
GovernmentLeasesTaxpayer-moneyEmployeesHarry-teagueChevy-malibuSomeFuel-efficiency-standardsRoman-worth36-million6-million1300