So if a lease is 20 years, and they will be shelling at $72k for batteries, that's some huge money being lost. But hey, it means more tax dollars going into the pockets of the top executives!
You can't make up this kind of comedy. Yeah, sign my company up for a 20 year lease on a 7 year battery pronto! LOL!!!
As Barrons pointed out, the more money Scam City loses = more money from tax payers = more cash in the pockets of the executives. I smell criminal indictments.
And in the event of a power outage they can power my company for hundreds of minutes!
This self pumping by Scam City is sad to watch.
Even when there are no shares to short the big guys can manufacture even more shares to short via the options markets. We are now at the top of a declining channel.
Another solution using Rare Earth Elements. Do you know why their called Rare Earth Elements? Because they're faring RARE. If Tesla ramps up just a bit more they will soon be consuming 50% of the annual output of certain Rare Earths. What is needed is a new battery technology that uses no Rare Earths.
"YOU MAY WANT TO RECONSIDER BUYING......" I see that you are on the far left of the intelligence bell curve.
Front page headlines on Yahoo, how does one read them?
Bwahahaha ....... He and his hedge fund friends set up you guys again. They buy low, then tell you to buy and run up the stock. They then sell high, lock in their short positions, then tell you to sell. Classic! GS dosen't call the retail traders Muppets for nothing.