Already sense that, either these folks pimp the stock because they're long, or they simply believe in the tooth fairy...electric cars will be viable once the batteries are perfected, but then everyone will be a player, not just Tesla.....and at 100k a pop plus a new battery pack in 5-7 years for an extra 36k makes for an insane business model.....
Bob, those who tout GE currently have no concept of how GE fared in the mid-'80s in auto financing. GE was linked to BMW and failed miserably in the process. As a matter of fact, see how many dealers in the US use GE Financial these days? The answer would be..........zero.
Also, the idea of leasing batteries is mind-boggling. Can anyone truly fathom what the concept will do to the buying and selling of automobiles? Actually, it would stand it on its head!
Unless consumers, in mass, are prepared to pony up and buy cars at sticker, AT STICKER, and throw the whole idea of trade-in right out the door, consumers are going to continue on buying vehicles EXACTLY the way they've been doing for 80+ years! While the concept is fragmented, it ain't broken!
I'd like to challenge ANYONE on this board to provide a logical debate with me regarding the merits of such actions! Simply put, buying a vehicle would take on an entirely new paradigm. That means an immediate shift for consumers looking for the "best deal", because the best deal is the sticker price!
It's all nonsense. GE is going to no more get into the car battery leasing business than I am going to take a rocket to Pluto!
Someone, please step up and be a man. Be willing to engage in debate. But I won't hold my breath. After almost a year and a half on this board, I've yet to see a single dreamer come forward to debate me. Now's your chance! Or should I go to my "handlers" and tell them I've failed??? LOL! LOL!