Still needs to drop to ~$1.25 to be competitive. Assuming you have a 40+ mpg car.
I think the real long term benefit of the charging stations will be rapid deployment of battery upgrades in the future. When they make significant improvements to batteries, or someone just needs to replace an old used up battery, they can report to a super charging station to get the latest and greatest battery swapped instead of going to a dealer.
Eventually they will charge in seconds due to graphene super capacitors. Everyone will report to the nearest station to get their new battery swap.
Sentiment: Strong Buy
Electric S7 would be cool. I am all for more manufacturers copying Tesla's lead in this segment. It adds legitimacy. Lots of rednecks like Salleen. If they see Salleen make electrics it will lend credibility to electrics among that demographic.
I am long XIN. Bought in at $1.77. Price target is (or at least was) $10 in the next year and maybe $15 (would likely cash in a lot at $15). Why are they issuing notes at 13%? That seems very high yield for a seemingly healthy company. I am not bashing or accusing this of being a scam. I am just wondering if I am missing something here. I guess there is some currency risk since the notes are USD and they operate in China... but 13%?
Actually, just google "chevy volt fire" and you will find many fires... including a car parked in the garage.
Ok, I will feed the troll. Google "While U.S. Probes Tesla, What You Should Know About Car Fires"
A plug-in hybrid Chevy Volt, for example, burst into flames two years ago while parked, weeks after its battery and cooling system were damaged in government testing.
In a related article:
NHTSA had done a side-impact test on a Volt then parked it outside, and three weeks later Chevy's plug-in hybrid caught fire. The battery was determined to be the cause, after its coolant line was ruptured during the side-impact test.
Too bad Volts don't have sophisticated diagnostic and warning systems. Sat there with a broken coolant line and never bothered informing anyone..
And that value goes down with every car sold. If you include the cost of capex to make the plants, the cars are super expensive also. Cool thing we live in a world where time goes forward and that cost per car goes down with every additional care produced. Economies of scale. Go back to Micro Econ 101.
Honda just recalled 700,000 Honda Fits because the door can catch on fire with moisture. They recommend people park their car outside for safety. Go short Honda please.
Not sure a bonus should factor into your buy decision. Any gains they have had this year will factor into their NAV already. Unless you just want the cash instead of the shares. But if that were the case, it sounds like you have cash already that you could just use.
I originally bought TSLA stock with my eyes on the Model E. Going to use my stock to buy my Model E. They continue to expand into new markets, open up new factories, etc. They are in big capex mode now but imagine the cash flows with their 25% gross margins and after they are done with their massive capex cycle. Keep your eye on the prize.
A #$%$ lawsuit on the behalf of "shareholders" regarding safety claims.
Simple. 30% short float and nothing pushing this down any time soon. I would expect it to drift up or at least remain steady as shorts throw in the towel. This is here to stay and the technicals are in control.
Yes it is a bit overpriced. However, keep in mind we have a 30%+ short float right now. There just aren't a lot of natural sellers out there to push the price down. The shorts need to cover (or just sit on massive losses for a long time). People who own the stock are just holding or buying more. The shorts have already shot all of their bullets. There just is no selling pressure, so based on mechanics, the price is not likely to go down.
Was commenting to my wife about how stinky all the diesel is here and how bad it must be for the historic buildings. Walking back from l'orangerie, saw a silver model s. Electric cars are going to be a no brainer here. Honestly surprised by the lack of Nissan leafs though. Seems like that would do well here as well.