remember when Blackberry was the hottest tech stock on earth?
and now they are almost bankrupt. same thing going to happen to this FAKE tech stock. nothing but pure hype folks. wall street is going to bend you over and insert 10 inches of steel like they always do. you are buying a fantasy folks!
Not fake, but the sales cycle and growth curve of EVs is not as sharply upward as many financial firms believe it "will be". Growth is slow and steady as people learn about products, get over their fear, figure out how to pay for the thing and so on. 2012 growth was 200% over 2011 for plug in vehicles in the USA. 2013 growth was 85% over 2012. 2012 growth looks to be trending to 30%.
Tesla does not come out with an affordable vehicle until 2017 and that is *after* spending $Billions buiding a battery plant - and they state clearly that they have no experience buiding battery cells. The hype is huge, the potential is there but will the buyers be there? The primary plug-in vehicles today are in the low to mid $30K range and many buy them for perks like HOV lane access, free charging at work (ah free fuel!) and more. Take away those perks and the slow growth gets slower.