The revolution will be lead by something like GE, TSLA will get bought out or something, but no company will pay 20 billion for it. 20 billion can buy you plenty of rare earth mines and your battery manufacturing unit
With U.S. sales of plug-in electric vehicles on pace to reach half of President Barack Obama’s goal, regulators are following customers and automakers to vehicles powered by other fuels, from hydrogen to diesel.
California, which leads 10 states that require automakers to sell zero-emission vehicles, may alter its system of tradable credits to stop favoring plug-ins over hydrogen-powered cars. That would hurt Tesla Motors Inc. while helping Honda Motor Co.
What is so green about mining rare earth materials (90% of reserves in China) for your batteries, and powering over 80% of your electricity through coal power plants?
this stock is done it dropped over 10% in a 2 waves in the past week, this stock sold of in the face of great news (no 1 in Norway apparently, remember) selling into the strength and good news, that's how tops are made
the market is up, the dollar is up, gold is down, this has nothing to do with washington, but with the ECB confirming and finally moving to QE the same way the FED has in the past, TSLA will end -2dollars today
As a matter of fact, I will be openly telling everyone what TSLA actually is. TSLA is like a hedge fund that has figured a way to make profits of arbitraging carbon emission taxes.
Thats all it is to TSLA
I am a big believer that any product that wants to survive in the long term has to justify the economical efficiency over time.
For TSLA electric cars to be economically efficient, oil prices have to trade at 240$ a barrel. Car batteries are just a different form of the same old commodity based thinking. Instead of using oil, you use rare earth materials for your batteries.
If a product wants to actually be a success in the long term is also has to prove that it can stand on its own fee, sofar TSLA strategies is to take adavantage of countries that offer subsidies, like Norway or California. AAPL never needed subsidies to sell Iphones. TSLA cars are economically inefficient, is just another fancy toy with no real benefits, you are actually more environmental friendly with a gas car than with a TSLA.
This is the reason why this stock has been up this much because everyone is looking for the next AAPL, as business environment is so intense and margins are so thin that people make this kind of comparissons out of desperate need for high returns. This is the automobile industry, this is not a 600$ Iphone, the car is your 2nd biggest purchase after the house. AAPL had no need for a subsidy to develop the IPOD.
Look, supercharger or not, I am amazed how everyone has forgotten that there is actually 5-6 huge car companies out there that have patents on batteries and R&D teams developing new technology on daily basis. Since when is TSLA the only game in town, PR stunt thats all it is.
This PR stunt of TSLA presenting its supercharger in Europe will dissappear in the morning time. The news is already baked in, its the same old news that TSLA is repeating, Got something new that we dont know?
All European cars are participating and showing their new e-models, from volkswagen to range rover. Range Rovers new hybrid is expected to deliver 44 mpg with 280 horse power. The new Porsche delivers 68 mpg and we also have the e-golf and other automobile companies representing and showing their new models, TSLA was insignificant. I am not sure if they are even presenting their models in Germany