Yes Palo Alto has just mandated that all new house building plans must include a charging station in the garage to get a building permit. Only problem is the owners won't be able to afford the insurance.
The ambulance chasers are in the house, the Hebrew phisherman. Did you know how copper wire was invented? Pomerantz and Milstein arguing over a penny.
The guys who were buying the cars were yuppies w 100K to "burn" on a fashion toy, they will stop buying them but it won't impact their net worth one way or the other, I doubt if very many if any of them own the stock. The people who own the stock drive cheap cars, are relatively poor and getting poorer by the minute.
The prospectus for the soon to happen secondary will have to include a warning on the instability of the battery and the fire risk, after the You Tube video was released. They will probably have to include some reference to previous fires that had not been reported or Musk et al will be sued up the yin yang.
Oh you can call them secondaries but that's just another word for bailout in my book. There will be one within the next few weeks around 125, and one in 2015 around 50. After that they're gone.
Fireproof jumpsuits for Tesla buyers. I mean if you're foolish enough to blow a hundred grand on a yuppie toy what's another 20 grand for a fireproof suit. Tesla lied about object in the road. The police report said no evidence was found at the site to indicate anything but that the car self-destructed. Double bad on the lie. And I'm sure what's left of the car has already been put somewhere by the Muskovites where the CPSC and FTSB can't find it. Triple bad. They suck. I wouldn't buy this stock for 12 bucks. The luxury golf carts are stupid and so is the company.
No no no. The present Tesla copper coil induction motor is 100 yr old tech, less responsive on initial acceleration and 25% less power efficicient than the permanent mag drive design GM is using. Tesla is planning on changing to the mag design- which is rare earth dependent within 3 years, if they can make enough money selling toys to yuppies to stick around that long. The secondary offering they will announce shortly will bail them out for a while. As far as the warranties go, they can promise anything to sell a car, but it will cost them in the long run because they will not last 8 years and they will remain expensive. The headline in thismorning's WSJ is Toyota Chairman Takeshi's statement yesterday on electric cars "WE DO NOT BELIEVE THERE IS A MARKET" If you Daimler CEO said the same thing this evening on Bloomberg. They are building 400 hydrogen fueling stations in Germany as we speak. Hydrogen produced via proton exchange membrane electrolysis is by far the best way to store and reuse grid energy for transportation, not lithium batteries. There will be 16-20 new models of cars and pickups introduced in 2014 that run on CNG w super lightweight tanks and IC engines. They are the bridge to hydrogen and it is a short bridge. Musk is not going to make it on arrogance, obsession and teenage girls.
They tear up what's left of the earths bedrock looking for lithium- it's a dirty, ugly, and toxic process. And there is only enough lithium in the planet to power 3% of the existing number of cars on the road, a percentage which is dropping yearly because of the adoption of lithium ion batteries in consumer electronic items and portable tools. The battery pack in a Tesla needs to be replaced every 3-5 years and the present cost is 30,000 and despite the up front warranty used by the car salesmen to close purchasers, there is no evidence that the cost will go down even with manufacturing and design tweaks. The other thing that is dirty ugly and toxic, not to mention increasingly expensive is the 4 magnets that torque the drive drain- if they don't blow-up. Have you priced Neodymium lately? That's why they call it "rare earth". So these guys are going to plunder the last bit of the natural bedrock on this planet to make cars for yuppies? And then pull power for free out of an antique and full of fossil fuel power grid? The greenest thing about Tesla, and it's not green at all, is they hired the plant manager from SunPower in Richmond CA the crack capital of the world to run the Tesla factory. This guy was making rooftop solar panels and now he runs an automobile factory. R U kidding me. This whole concept is stupid and untenable.
Take your pick of the following different assessments: David Goldberg is a hebrew with a short shmeckle and a long memory. He is seeking revenge for the Auschwitz train that carried carloads of Jews to their unwitting death with the Tesla train that he would have carry carloads of shortsellers to their unwitting deaths. OR he is right about the president of Toyota being ignorant about the car business, and mistakenly observing electric cars as ultimately having limited appeal, even though he drove around CA w Elon Musk in one of the cars and wrote a big check to keep the people in Fremont off his back. Everybody knows the dude rides around Tokyo in a rickshaw.
UR STUPID. This stock guaranteed to go up every day. It can't ever go down. BUY BUY BUY BUY BUY!. STupid sellers with pocket change drive your Ford Fusion to Wal Mart and buy Vaseline. YEEHAAAAAWWw
This stock goes up every day. It doesn't matter the valuation is greater than Ford, GM, Daimler, VW, Toyota, Nissan, Hyundai it can't ever go down Free MOney BUY BUY BUY if you sell UR STUPID YEEHAAAAAWWWW
The car is ugly, over-priced, not really clean, and inconvenient to own and operate . And now the stock touts and EZ money crowd want you to bend over and lick their perfumed butts for 190 bucks a share, $21 Billion dollars you can buy the whole nightmare. YEEEHAAAAAWWW