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U.S. Lease Products Being Introduced in Electric Vehicle Market in Order to Attain Volume Targets: Dan Galves, Expert Analyst, Shares His Outlook on the Space with The Wall Street Transcript

67 WALL STREET, New York - August 19, 2013 - The Wall Street Transcript has just published its Alternative Energy Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs and Equity Analysts. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Grid Parity Timelines for Alternative Energy - Asia Pacific Demand for Solar Energy - Alternative Energy Generation - Solar Energy Pricing - Government Subsidies and Regulation - Solar Growth Drivers and Headwinds - Regulatory Headwinds for U.S. Utilities

Companies include: Tesla Motors (TSLA) and many more.

In the following excerpt from the Alternative Energy Report, an expert analyst discusses the outlook for the sector for investors:

TWST: What advancements/improvements has Tesla made to the ways its electric vehicles operate that you think could lead to increased consumer interest?

Mr. Galves: I think that the car itself is a very high-performing vehicle; it's very fast. The handling is really as good as any other car we've driven, even in the price range they are at. The infotainment system, you have basically a state-of-the-art touch screen, extremely good navigation, overall advanced infotainment systems.

So when you buy a Tesla Model S, we feel like there really are no compromises versus even the top German luxury vehicles. So the car is there, but I think in order to attain their volume targets they need to essentially make sure that they open up the car to really all - I guess what I am trying to say is that they need to pick off any reasons that people would not buy the car.

And so I think a couple of things that they have done over the last few months have been very helpful. The luxury sedan market in the U.S. is very heavily leased. Most people lease their vehicle. About 60% of volume is leased in the luxury segment. And Tesla originally did not have a lease available, and they introduced a U.S. lease product in early April. It's not technically a lease, but it performs like one.

They introduced that a few months ago, and it led to an increase in orders. I think the fact that they provided a residual value guaranty really took away a significant concern that some consumers had with the car: What would the car be worth in three years? Tesla is very confident in that it will be worth as much as other competitive vehicles, and so they are guaranteeing that, and I think that really opened up more volume for them.

The other thing I think that they have done that's really important is these superchargers, where you can charge 200 miles of...

For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.