At $100,000 apiece (roughly the current price), times 30,000,000 (roughly the number of cars currently owned), equals $3 trillion.  That takes care of a nice bite of foreign oil dependency and air pollution.  Create jobs building Tesla factories and related industries.

Recycle all the old cars, give the metal to the Big Three as their "bailout".

Tell the Big Three to restructure to build cars or rails for high-speed trains out of the corpses of their misguided policies.

I really don't see why Old Thinking should be rewarded, and New Thinking shouldn't.