Again commercial hydrogen comes from nat gas pure and simple in a dirt process. Fuel cells are not clean at all if you follow the whole process but the way the rules are it only matters what's coming out of the tail pipe so it works for the car companies. The greenies think hydrogen is coming from electrolysis of water, it isn't and won't be. The amount of electricity you need to break the bonds of water is huge compared to how much hydrogen you get out of the process.
Might as well just run nat gas as the fuel and save a step, still much cleaner then gas or diesel.
For a while golf carts counted for incentives until congress figured that out and closed the loop hole. I know because a bought a golf cart just to screw around with to take advantage of the tax rebate. LOL. Congress will get around to closed the rich man's toy loop hole, matter of time. Doesn't matter because the people buying Tesla's don't care that much about price they just want the latest toy for their garage.
None of that is in the near future don't hold your breath. Even if there was a freak lab accident and some huge discovery happened it would be a decade at least for engineers to get something main stream built, tested and ready for large scale production.
If nothing else I see big cash back schemes, 0% financing, extend warranties all over the vehicle industry what on earth makes him think sales are going well for anyone right now???
IF? IF? IF?? That's what is being priced in or over priced in. Apparently now Tesla's main product will actually be batteries that will allow Tesla to produce "cheap" enough batteries to produce a new main stream car that will sell in the hundreds of thousands of units a year. On top of all that the "cheap" batteries could supply SCTY with "cheap" battery packs to store day time solar energy for night time consumption by passing electric companies.
Musk has a vision but remember Jim Jones also had a vision.
You should have been in Tesla that's where the big money trading is going on. GM's like trading MSFT, yawn takes to long to scalp those quarters.
The fuel cell is the answer to get around government mandates for Toyota, that's all that says. has nothing to do with anything except the cheapest way for them to get around a government regulation.
Looks like he gets paid in stock so who knows??? Buying a new house, toys, child support, #$%$ and huge pile of coke????? If your pay is made up of options and mile stones etc that are paid in stock you will be a seller just to get your pay check.
I use to hear that a lot about JNPR. The exec's all got most of their pay in stock options so they would all turn around and sell the stock immediately. Someone would always point out that insiders were selling, no big deal.
Tesla has no stake in Panasonic it's simply a supplier of batteries to Tesla. From the sounds of it Tesla wants to play a deeper role in this Gigi idea, ownership??? Who knows what exactly is the plan but Tesla wants a part of it not just a supplier buyer relationship.
Don't be fooled by all this partnership talk, Panasonic sells batteries and Tesla needs to buy a bunch of them but they are nothing other than supplier, buyer. Like any big buyer Tesla will work with their suppliers on what their demands are likely to be.
Yes under license so the great cost benefit to Tesla would be gone just a low margin product to be produced then Tesla just has a bunch of money in a low profit margin widget maker.
I don't see how it benefits Panasonic??? If Panasonic wants to ramp up production why have anything to do with Tesla except get a long term contract out of Tesla to buy their batteries??? Tesla doesn't really have many options when it comes to buying batteries and companies aren't know for their warm heart business practices. Customer is a customer, they want more batteries good, other then that ????????
Let's say Musk gets his battery factory and it takes a few years to go into production.
Someone working on grapheme sodium batteries figures out how to make a commercially viable one capable of better stats then a lithium-ion battery.
Said company/person patents all his work and has a lock on the new higher performance batteries.
Question, what happens to Musk's multibillion dollar plant???
Battery problem solved, greenie's are happy every one starts buying electric cars from GM or whoever, who are all using the new grapheme batteries. Tesla can do what except buy the new batteries from the patent holder and what happens to the Gigi plant????