Tesla is still the safest car on the Road.The nationwide driving statistics make this very clear: there are 150,000 car fires per year according to the National Fire Protection Association, and Americans drive about 3 trillion miles per year according to the Department of Transportation. That equates to 1 vehicle fire for every 20 million miles driven, compared to 1 fire in over 100 million miles for Tesla. This means you are 5 times more likely to experience a fire in a conventional gasoline car than a Tesla! Furthermore the fire never entered the passenger compartment and the owner was unhurt. Had this same piece of metal that poked a 3 inch hole in the armor plate hit a gasoline tank the results would have been far worse.
Ballard now has about 100 Million shares outstanding AND Ballard has a history of burning investors numerous times over the years. At least 1 time for every 20 million shares outstanding. This means you are 5 times more likely to get burned buying Ballard than driving a Tesla...
What happened to that consortium of F, GM, Daimler, etal that paid bldp to use its fuel cell patents.? This was a while back. Forgot exactly how the agreement worked. But wasn't bldp supposed to supply them with cells to start them out. I think daimler is the only one with a fcv now. (???). But the big question is. ..... Did the agreement with the consortium sideline bldp getting into the car business with other car makers.? Did it limit them to only buses.? Was the agreement forever or is there a time limit.?
Just talking of the stock (TSLA), it's a bubble..... it's a over-over-over hyped stock.
It has potentials? Sure it has, but when a stock it's worth more than 10x its current value, we can agree we can talk of "bubble".
Tesla net income (loss): -32 Mil$...... Mcap is 22 Bil$.
Basically - with a P/E of 15 - it's trading like they're peaking 1 Bil$ in net profits ***NOW***, which they aren't.
Should be in the 2-4 Bil$ range, now.
Technology is another thing.
Tesla cars bring the best of current technology, all in once..... except... ehehe... all about their "core".
Lithium pack is not the solution, not for environmental and economic issues. It's a cool thing for the wealthiest.
IMO, Tesla should become the "Crave" for a new model featuring Bldp technology, the definitive FCEV.
To say the truth, I wonder why they didn't try double path before (FC and Lithium).
Tesla is the best car made in the entire world in the last 30 years. He has absolutely shown what total POS Detroit has been making for the last 50 years, the Volt possibly excepted. Doesn't mean that it can't be improved upon, or that it has anything to do with Ballard. It isn't completely about the power train though. Its about the carbon fiber panels, the user interfaces, the styling, and the selling procedure. Tesla could destroy the world with a battery heavy fuel cell car.
Jake, I think that's a bit over the top with , "absolutely shown what total POS Detroit has been making for the last 50 years".
Hey, with the $100K price tag that Tesla carries, Detroit could certainly do the same thing. It's not about the talent or technology, it's about the cost & price that customers will buy. And I bet if you look closely at the drive line technology that Tesla carries, the groundwork was laid by the major OEMs.
It's VERY expensive to build a niche vehicle when your business model is selling 100s' of thousands per year. Just like it's very challenging to ramp up to build 100's of thousands per year.
Stop and think for a minute what that means to your suppliers when you ask for a half a million lug nuts vs. the 1,000 or so they now buy. What if you gear up for 10K cars, kick off your suppliers, tool up for everything and you only sell 5K, guess who eats the costs. Learn a bit about automotive before you spout.
"Tesla could destroy the world with a battery heavy fuel cell car"
Sure, at +$150K, I bet they'll be beating down the doors to get them too...
I think you are looking at it the wrong way. Eventually, all 6,000 batteries in the tsla will need to be replaced. And there is only so much lithium produced every year. And as demand for batteries grow, so will the price. And lithium can be tempermental sometimes if not treated right. I guess that's why I prefer the old NiCad and platinum F.C. combo. Heard a report last week about the military using solar + water to make H2. But the main deterent in their F.C. SUV was platinum. 80-grams of it. About 2.5 ounces. Platinum is now $1,370 an ounce. Far more than the standard cars catlytic converter of 10-grams. ($400). They are trying to reduce the platinum down to an ounce (about 28-grams)-($1,370). Most likely someone will come along with an alternative to platinum so demand (prices) will go down. Either way, replacing the 100-million vehicles produced every year with EVs via lithium and platinum seems impossible considering the worlds yearly output of both. About as impossible as a $2750 (2010 dollars) transistor radio in the 1950's, the size of a breadbox. That's just my opinion. From someone who remembers bread-boxes and keeps his transistor-radio and music collection in the coin pocket of his jeans.
...it´s not about Tesla against Ballard, its the question of mobility with a battery or a fuelcell (hydrogen) and all arguments besides, i.a. radius, comfort, infrastructure, price of a car etc.....Both will and have markets but different target groups and applications...With Tesla there will be a lot competition. And the fuelcell in cars will start 2015/16 so there is not only competition for Tesla with all car-companies producing e-cars but from cars (fc-hybrids as an example). So with a market-valuation of US $ 21 billion all arguments in favour of Tesla are already anticipated but in case of Ballard it is heavliy underpriced based on the outlook of the fc-markets Ballard is in...and with 135 mio valuation Ballard is very cheap....in other words: I guess that the valuation of Tesla is going down to US $ 3 - 5 bio in 3 years and the valuation of Ballard from 135 mio to 1 bio-plus..so tesla a perfect long-term short/or profit-taking and Ballard a perfect long term long....As an idea: an investor with 200 - 300 % profit (book) in Tesla should sell 50 % of its position (profit in the bank) and buy for the equivalent Ballard Power, Plug Power and Fuel cell as a perfect hedge and diversification...in e-mobiliy.....
Sentiment: Strong Buy
= compared to 1 fire in over 100 million miles for Tesla.
There may not be enough experience with the Tesla to really come up with a correct figure, especially if it develops more problems in the battery packs as they age.
"...especially if it develops more problems in the battery packs as they age"
So road debris is a problem that develops as they age? Or are you talking about other issues that might crop up, and are you just as concerned about a PEM stack & BOP as they age?