Three things:

1. Nearly 190 million people tuned in for the inaugural season for Formula E, a number that has grown year-over-year. Big brands like Disney (Cars 3) and Qualcomm are putting big money into the sport, because they know about the sport's international reach and potential.

2. Early subsidies work to encourage technology adoption. Early Chinese and American investment in solar panels helped increase efficiency, reduce costs, and ultimately created a market for these products. These countries now benefit from large workforces in the R&D, manufacturing and installation of solar panels, both nationally and internationally.

3. Do you have proof that only the rich buy EVs, or is that based on the vehicles being priced higher than a gasoline vehicle? The incentives are there to sway people that would spend $100,000 on a Corvette to consider a Tesla, and those looking to spend $30,000 on a Malibu to consider a Volt. It's how policy works.