Last Thursday, the Consumer Product Safety Commission took the unprecented step of sending a letter to all hoverboard<\/a> manufacturers, importers and retailing telling them that all hoverboards<\/a> are potentially unsafe.\u00a0 One major manufacturer, Swagway<\/a>, has also told people who own its hoverboards to quit using them until they are deemed safe.<\/p>\n This is a shocking turn of events.\u00a0 Two months ago, hoverboards were among the most popular Christmas gifts, and now the entire industry is in a bit of turmoil.<\/p>\n There were a couple of things that were very interesting about this to me.\u00a0 First, in the letter, the CPSC declares that no manufacturer in the industry meets the CPSC’s safety standards.\u00a0 This is amazing.\u00a0 I can’t think of another instance off the top of my head where the government has declared an entire industry unsafe.<\/p>\n Second, the reason provided by the CPSC was also interesting.\u00a0 The CPSC declared hoverboards unsafe because of their (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Last Thursday, the Consumer Product Safety Commission took the unprecented step of sending a letter to all hoverboard manufacturers, importers and retailing telling them that all hoverboards are potentially unsafe.\u00a0 One major manufacturer, Swagway, has also told people who own…<\/span><\/p>\n