More weekend buzz on Tesla Motors (TSLA) (previous): Shares will be on watch Monday following a...


More weekend buzz on Tesla Motors (TSLA) (previous): Shares will be on watch Monday following a Barron's cover story that pitches the case that a triple-digit share price is unjustified. Two things to consider for the EV automaker's long-term potential: 1) Will the cost of electric batteries come down as Tesla rolls out its Model X and Gen III? Opinion is sharply divided. 2) While CEO Elon Musk says he sees sales reaching 30K-40K per year soon, if you crunch the numbers it appears investors are betting on sales reaching a level of hundreds of thousands a year. Despite Tesla's transformative tech, as the company eventually enters the mass-market segment valuation could fall back in line with peers.

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Comments (106)
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    That article will do exactly NOTHING to the share price. Skepticism of Elon Musk/Tesla is nothing new and/or interesting.
    9 Jun 2013, 02:48 PM Reply Like
  • wyostocks
    , contributor
    Comments (9113) | Send Message
     
    Bubble, bubble, bubble, toil and trouble ahead.
    9 Jun 2013, 02:51 PM Reply Like
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    For Tesla?
    9 Jun 2013, 02:51 PM Reply Like
  • ying778
    , contributor
    Comments (69) | Send Message
     
    Bridge calling, they want their troll back ;)
    9 Jun 2013, 02:52 PM Reply Like
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    With regards to Tesla, it seems like the phrase "trawl" is more appropriate. Like a commercial level of trolling (as opposed to one-off incidences). But it's really irrelevant, until the 'other side' comes up with a good argument against Tesla they can trawl/troll all they want. I, personally, almost kind of enjoy the asymmetry of intelligence going on here.
    9 Jun 2013, 02:58 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    Stock will 100% open lower. If you don't think negative articles written in financial publications will affect the price of a stock, you are delusional. And read the article, its not skepticism of Musk, or of the product. Its a valuation call.
    9 Jun 2013, 07:45 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    Mike, even if the stock will open lower, it won't be because of this negative article. This isn't the first time Barron has written a negative article about Tesla. From my understanding it has yet to have ever effected their stock.
    9 Jun 2013, 07:49 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    If Barrons didnt matter than no one would be talking about the article. THis is the first time Barrons made the cover a negative article about the company. The stock closed lower Monday, and Tuesday in a broad selloff, and is down almost 6% this week. You can say its unrelated, but I choose to not ignore the facts.
    12 Jun 2013, 12:45 AM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    So, what does it mean now, today (Wednesday), that Tesla is up more than 4% heading into close, while the DOW is down over 100 points, the NAS 35+, the S&NP 13? Is that more of those 'facts' you speak of?
    12 Jun 2013, 03:16 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    The stock got upgraded by Baird today. Just as negative headlines in the newspaper usually cause a stock to go down, positive comments from analysts usually cause a stock to go up. Again, you can pretend that media reports or analyst's actions don't move stocks if you want, but there is a large body of evidence that points otherwise.
    12 Jun 2013, 03:50 PM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    And today? Up again without a new headline. Or will you claim residual postive affects from a past article?

     

    Actually, no one was claiming that the media doesn't affect stocks. It was stated that the specific Barron's article would have no bearing on the stock. We must conclude from your perspective that what Baird says overrides anything that Barron says.
    13 Jun 2013, 03:29 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    No, I'm saying that stocks move daily based on daily events. The original comment that I replied to stated that the Barron's article would not affect the price. That was not true. The market is up 1.23% as I write this, that helps explain Tesla today. Tesla is still lower than the $102 it was trading at before the Barron's article.

     

    Again, I dont claim to know how far up or down a stock will move in a given day, but I know that news headlines and stock upgrades move a stock's price in the short term.
    13 Jun 2013, 03:58 PM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    " The market is up 1.23% as I write this, that helps explain Tesla today."

     

    The market is currently down today (Friday - just shy of 2pm) about .75% and Tesla is up over 2.3%. How exactly does that help explain anything related to Tesla? Didn't see any headlines today either.

     

    Point being, what moves Tesla and has moved Tesla to its current heights has little to do with a Barron or Baird article. Tesla is its own animal.
    14 Jun 2013, 01:46 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    You must be right, Tesla is the only stock whose price has nothing to do with analyst calls or news articles.
    14 Jun 2013, 01:54 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3414) | Send Message
     
    Yeah, concur. But does that itself mean anything at all? There is no rationale to supporting that TSLA is either bullish or bearish at this point.

     

    Haha, it is still unknown.
    14 Jun 2013, 02:09 PM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    Actually, no one said that, Mr. Maher. Your argument all along was about the Barron's article, which proved - contrary to your opinion - to mean diddly squat to TSLA stock.

     

    One article that did 'for a short time' have an effect on Tesla and TSLA stock was the Broder article. Other times when TSLA stock was affected by the media (social) - pretty much whenever Mr. Musk tweets.
    15 Jun 2013, 01:05 PM Reply Like
  • Esekla
    , contributor
    Comments (4445) | Send Message
     
    The triple digit price is certainly the result of a short squeeze:

     

    http://seekingalpha.co...

     

    With the short rebate rate down under 2.5% (still high, but not compared to where it was) It will be very interesting to see the short interested as of the end of May, which will published in the next few days.
    9 Jun 2013, 02:51 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    It will be published this Tuesday. Any massive amount will give longs/traders to buy TSLA even moreso to start that squeeze.
    9 Jun 2013, 03:49 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3414) | Send Message
     
    There is plenty of oil around and more importantly, plenty of great gasoline-driven models to shop around. For now, electric cars are a hype, a toy, and a status symbol.. Re-fueling, service, parts, reliability, and cost are staggering problems yet to be demonstrated as fixed.

     

    A hard sell; it's time has NOT come, yet. And may not be, for a long time.
    9 Jun 2013, 02:53 PM Reply Like
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    My impression from your albeit short comment (all I have to work with) is that you don't particularly understand the EV/ICE comparison and how that plays into purchasing decisions. It seems unlikely that anyone is purchasing a Tesla because oil is running out. The problems that you list are not particularly accurate from pretty much every source I've seen. Re-fueling isn't a concern as far as I'm aware of from current owners. Cost, same, service, same, parts, same, reliability, same.

     

    And it's not a hard sell. This is anecdotal, but my girlfriend is now pushing ME to get a Model S. I think you may need to further the current ownership experience versus your initial impressions.
    9 Jun 2013, 03:03 PM Reply Like
  • Dan Fichana
    , contributor
    Comments (1918) | Send Message
     
    Actually refueling is easier with an EV than a regular car, had to use my ICE car the other day, disaapointment, i wake up go out to the car and dont have a full tank of gas.
    I use mine as a daily commuter, not as a toy. Setvice is simple, call up, they come out or fix it over wifi, at least thats what i've heard, i've had no problems, the car is perfect
    Parts and reliability- well EVs have less parts than a regular car right? Play the numbers game to determine reliability, say each part is 99.9% reliable. Regualr car 0.999^600. EV 0.999^120, clearly the EV is more reliable, and most of those 120 parts are the same parts on a regular car ( steering wheels, rotors, brakes pads, hoses, etc)

     

    Cost- you may have me there... But wait, isnt their compeotor the Porsche Panamera the same prices.. Then figue in operating costs, boy the Tesla is one good deal.
    9 Jun 2013, 03:31 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3414) | Send Message
     
    @Dan,

     

    Sure, there are less parts; but what about the reliability of that dominant part - the Battery? Ah, it is an unknown, and an uncertainty. The internal combustion engine had been around for 100 (?) years? Proven reliability, isn't it?

     

    Service, ah. Let's say you have driven the electric car 300 miles away from your California home (I suppose). Then in the middle of Timbuck3, you need service. Do they (TSLA) come to you?

     

    LOL!

     

    In a few short years, I believe quite a few of you folks would have 'collector items' in your garage. Wonderful investment, come to think about it, after all!
    9 Jun 2013, 05:21 PM Reply Like
  • Dan Fichana
    , contributor
    Comments (1918) | Send Message
     
    Actually, if you do some research you'll find that panasonic has already tested the batteries and they are good for over 2000 cycles, after 2000 cycles they still retain 70% of their original capacity.

     

    Now, that panasonic testing is HARSH and the Tesla babies the batteries compared to the testing.

     

    Worst case, lets say they lasted as long as the harsh panasonic test. Well, thats over half a million miles, and instead of 265 miles you get 185. Big deal, at that point, a normal car would be already in the scrap heap for a decade or two
    9 Jun 2013, 05:36 PM Reply Like
  • Teutonic Knight
    , contributor
    Comments (3414) | Send Message
     
    @Dan

     

    I appreciate your desire to having the last word. Come on, the panasonic testing did not last for a 100 years, I suppose. A dumb and retired engineer as myself knows that reliability data accrues from actual 'field' data, which the battery is lacking, none!
    9 Jun 2013, 05:42 PM Reply Like
  • John Bingham
    , contributor
    Comments (1282) | Send Message
     
    Here's a quick "field test" for you:

     

    Last year Rafael de Mestre drove his Tesla Roadster on a Round the World road trip. OK - he only did 18,000 plus miles, but he uses the car on a daily basis, frequently driving on the Autobahns in Germany and from country to country in Europe.

     

    But even with driving through the desert in China and then traveling through Russia, not to mention East to West across the US, he did not notice any loss in range or performance in the car from when it was new.

     

    That car has earlier cells and a less sophisticated BMS than the Model S so you can expect even better performance in Tesla's cars today. Hope that helps.
    9 Jun 2013, 06:11 PM Reply Like
  • Dan Fichana
    , contributor
    Comments (1918) | Send Message
     
    Its not about years, its about cycle life, they did accerated testing, each cycle was a 1 C charge for 1 hr rest, then discharge for a few hours. Repeat for 2000 cycles, they could do 4 tests per day. So it was ~500 days of testing, not 100 years.

     

    So far, there are Model S vehicles out there with 20,000 miles, with less than the expected loss as per the panasonic testing.

     

    I can tell you with mine i have no percievable range loss and its at 5,500 miles

     

    The realistic rule of thumb coming in from the forums looks like a 1-3 mile loss every 20,000 miles. So at the end of the car life, assuming its a normal car will have a battery loss of 9-25 miles.

     

    Also there are people who have high milage roadsters without a significant range loss, and that is old chemistry, not known for longevity. NCA used in the Model S is specifacally designed to maximize energy density and longevity.
    9 Jun 2013, 06:27 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    "There is plenty of oil around"

     

    irrelevant, we are better exporting the oil even if there is.

     

    "plenty of great gasoline-driven models to shop around"

     

    sure, but none as good as the Tesla Model S.

     

    "For now, electric cars are a hype"

     

    That has been said about everything, a lot of progress started with hypes.

     

    "a toy, and a status symbol"

     

    So how does it feel that a "toy" is better then what you drive? And since when are status symbols a bad thing for owners?

     

    "Re-fueling" - done mostly at the convenience of your home.

     

    "service" - doesn't need any, can often be serviced via software update and in worst case a ranger comes to your house, gives you a top of the line loaner while they fix it.

     

    "parts, reliability" - due to less mechanical parts, EVs are much safer and more reliable then any gasoline car. Name me 1 gasoline car that guarantees you 8 years with unlimited miles on the engine with no maintenance required? End of the day, gasoline cars are unreliable and unsafe.

     

    "and cost are staggering problems" - cost keeps going down every year.

     

    "A hard sell; it's time has NOT come, yet. And may not be, for a long time"

     

    Right, clearly more demand then you can produce and top selling large luxury sedan in the US is a "hard sell". /s
    9 Jun 2013, 06:49 PM Reply Like
  • JackB125
    , contributor
    Comments (417) | Send Message
     
    @Teutonic Knight,

     

    You mention that the ICE has been around for 100 years. I would say that considerable resources have been refining the ICE for 100 years. As a retired engineer, surely you are familiar with technology S-curves.

     

    I would argue that after 100 years, the ICE is now well into the diminishing tail of its technology S-curve. BEV's on the other hand are just now reaping the early benefits of significant R&D at the beginning of the steep returns part of their S-curve.

     

    You've got your logic backwards on this one. There are very good reasons that the Model S won the first unanimously voted Motor Trend COTY Award, Consumer Reports 99/100 rating, etc., etc.
    9 Jun 2013, 08:12 PM Reply Like
  • MKBaxley
    , contributor
    Comments (57) | Send Message
     
    That's what those who made carriages and buggy whips in the early 20th century said. Were they right?
    9 Jun 2013, 08:24 PM Reply Like
  • canadamelody
    , contributor
    Comments (119) | Send Message
     
    ICE so reliable and popular that GENERAL MOTORS got
    60 Billion from US taxpayers and 10 Billion from Canadian taxpayers.
    9 Jun 2013, 08:26 PM Reply Like
  • antiguajohn
    , contributor
    Comments (84) | Send Message
     
    Hi Teutonic Knight ,

     

    You need to take a more scientific view on the matter of the Tesla Model S, after all as an engineer, you of all people should know what a new technology can achieve.

     

    1- A 2002 DOT study determined that 80% of US drivers drove less than 40 miles per day.

     

    2- Data from EVs such as the Toyota RAV-4 EV, GM EV-1 and other EVs, showed that EVs have 95% less maintenance.

     

    3- Now do the following thought experiment; By magic, every morning, every ICE vehicle in the US, has enough fuel to drive 200 miles, in such a scenario how much fuel would the oil companies sell?

     

    4- Li-ion battery capacity has been increasing 7% annually and price has been dropping 8% annually.

     

    5- New higher capacity and lower cost battery technologies are in late stage development, Elon Musk has hinted that Tesla vehicles will have 500 mile range in 4 to 5 years.

     

    6- Most people who purchase an EV, soon find it much more convenient to plug in their EVs at home and find it a botheration to have to drive an ICE vehicle to a gas station to fuel up.

     

    7- Solar systems have dropped significantly in price, so now you can charge up your EV and power your house from your home solar system.

     

    8- According to Bloomberg Business News, banks in Australia will no longer finance coal, oil or gas powered electrical generation facilities, they say wind and solar are cheaper and Australia has the largest coal deposits in the world!

     

    9- Large scale low cost grid-scale storage of electricity of electricity technologies are coming to market, such as AMBRI, funded by ARPA-E, Bill Gates and Khosla Ventures, amongst others and then there is UK's Isentropic, which expects grid level storage of electricity at US $32 per Mwh. see links;

     

    http://www.ambri.com

     

    http://bit.ly/15y95Ty

     

    http://bit.ly/12jVvVG

     

    10- Soon there will be home scale electrical storage (such as a smaller version of AMBRI"s liquid metal battery) available to homes and at this time it's AHBL (All Hell Breaks Loose).

     

    Energy is a $7 trillion annual business, the high cost of energy has been a millstone around the neck of countries and their citizens for decades, soon much of this wealth will remain in the pockets hundreds of millions of households worldwide.

     

    Its called "Creative Destruction" and is one of the basic drivers of a successful capitalist system, older inefficient or destructive industries are replaced by newer efficient and cleaner come to the fore.

     

    Sheikh Yamani, former OPEC oil minister famously said, as "The Stone Age Didn't End Because We Ran Out of Stones".

     

    As the 30s song said, "There's a new day coming" and when that day comes, if you are still invested in the fossil fuel business, be afraid ..... be very afraid!

     

    antigaujohn

     

    9 Jun 2013, 09:25 PM Reply Like
  • uncle_fweddy
    , contributor
    Comments (60) | Send Message
     
    A Teutonic Knight--who sells Tesla short--and his money are soon parted. But, by all means, do try. I love it when the shorties drive the share price down, so I can scoop up some more cheap shares.
    9 Jun 2013, 09:35 PM Reply Like
  • winfield100
    , contributor
    Comments (3494) | Send Message
     
    dude, another field test. brand new owner, Calif to Wash, DC, 5 day trip for plug in day in Oct, no problems. Feb 2013, broder memorial run, DC to Conn and back. 4 tesla, no problems including 1 couple who did the trip for a lark. (broder from NYT who flunked his article)
    9 Jun 2013, 09:40 PM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    Let me know when the 'buzz' starts.

     

    *yawn*
    9 Jun 2013, 02:56 PM Reply Like
  • Julian Cox
    , contributor
    Comments (1255) | Send Message
     
    irrelevant.
    9 Jun 2013, 02:57 PM Reply Like
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    Beyond. This is laughable.
    9 Jun 2013, 03:09 PM Reply Like
  • Dan Fichana
    , contributor
    Comments (1918) | Send Message
     
    One wonders if the reporter of Barrons ever took any business or technology classes.
    Its fine cast dispersion on anyone, but at least have some facts to back it up.

     

    Is it foreseeable to decrease battery costs by that amount?
    Absolutely- i'll tell you why.
    Tesla is currently using bleeding edge battery tech, so if they stick with the same tech, it will decrease more in the next three years than the common lithium tech.
    Lets for arguments sake say it doesn't. Well, they could take a 10-15% weight gain on their battery and use the cheaper tech, that costs half as much as the NCA they are currently using.

     

    Thirdly, if they can meet the gross profit of 25%, it does demand such a stock price, that puts them making 1/4 the profits that ford is making. Now if something goes wrong, they only have to a small liability for to repair, ford on the other hand is sitting on a huge liability. Assume a $300 repair, well, thats at most 60 million for tesla and 1200 million for Ford. Now, thats liability, and for the most part the cars will not need to be recalled, but for those that do, it hurts the OEMs profits, more so for Ford than Tesla

     

    I would say it may be worth 200/share if they hit the 25% profits.
    9 Jun 2013, 03:06 PM Reply Like
  • Glenn Abrett
    , contributor
    Comments (2067) | Send Message
     
    Dan -- am as long and as impressed and have made as much $ as most anyone. But. 25% is gross margin. Not net margin. If they could make 25% net margin the stock would be at $1000. If they make $1/share this year and $2 next year profit (120million and $240million which is roughly 7% net margin on 1.7 billion and 3.4 billion sales) they will far exceed what is expected of them. Their valuation has little to do with how much money they make this year, next year or the year after and everything to do with the chance they have of totally disrupting the auto industry and grabbing a big chunk of the two trillion dollar industry for themselves. Not a big chance. But enough of a chance to more than justify the stock price.
    9 Jun 2013, 03:29 PM Reply Like
  • Dan Fichana
    , contributor
    Comments (1918) | Send Message
     
    Yes, I meant 25% gross margin.
    9 Jun 2013, 04:52 PM Reply Like
  • John Bingham
    , contributor
    Comments (1282) | Send Message
     
    Dan,

     

    You're right. The cost of the batteries will come down - no doubt about it. But there are TWO ways this will happen, not just the reduction in cost of a mature technology.

     

    It is generally accepted that batteries improve about 6 to 7% per year in terms of energy storage density (sorry - no Moore's Law here) so lets assume that Tesla is still using the very best available cells in three years or so when we see the gen 3 platform unveiled.

     

    Even if they are paying the same price per cell in real terms (including inflation) that means that they need about 20% fewer cells for the same battery power as that in the Model S.

     

    So we have a 20% smaller battery (I believe that Elon has said that the gen 3 platform will be about 20% smaller than the Model S platform) and, more significantly, a 20% lower cost for an 85kWh pack using the very latest cells!

     

    Add in economies of scale, and by the time Tesla is buying cells in the hundreds of millions on an ongoing schedule the cost comes down even further.

     

    This is still assuming an 85kWh battery pack. But the gen 3 platform gives a smaller, lighter car. So with such a large pack it would almost certainly outperform todays model S in terms of acceleration and range!

     

    So here is the Performance Sport Gen 3 car at a lower cost than the Performance Model S!

     

    Now reduce the battery pack size, or use previous generation cells (the best ones we have today) to still give a range between 200 and 300 miles and you have a cheaper car again.

     

    At the same time the option will become available to buy the next generation Model S (no retooling needed) with a 100kWh or greater battery pack and correspondingly greater range and performance!

     

    Even the existing Model S cars could be upgraded with minimum fuss: just swap the battery with a suitable trade in on the old pack and upgrade the BMS software. A few minutes job and you have a new car!

     

    Quick back of the envelope calculation assuming only 5% reduction in battery and manufacturing costs from economies of scale (I'm sure it can be more than this but lets be pessimistic):

     

    P100 Model S - 5% less in real terms than today's P85 (over 300 miles EPA rating)
    P85 Sport Gen 3 - 76% cost of todays P85 Model S (nearly 300 miles EPA)
    P60 Gen 3 - 54% cost of todays P85 Model S (over 200 miles EPA)

     

    And similarly lower costs for the standard (non-performance) versions.

     

    This is just my speculation, but Elon knows exactly what he is doing and his roadmap is already laid out. For Tesla I can only see this as Win, Win, Win!
    9 Jun 2013, 05:37 PM Reply Like
  • winfield100
    , contributor
    Comments (3494) | Send Message
     
    you left out using carbon fiber for the bodies, way lighter, as per Rocky Mtn Inst. Amory Lovins suggests (and BMW is doing)
    9 Jun 2013, 05:57 PM Reply Like
  • uncle_fweddy
    , contributor
    Comments (60) | Send Message
     
    One also wonders whether the Barron's reporter holds any stock in Government Motors...
    9 Jun 2013, 09:43 PM Reply Like
  • Aaron.Rhodes
    , contributor
    Comments (346) | Send Message
     
    Any move tomorrow will be relatively unaffected by that article. It was hardly objective and assumed that the success of Tesla rests on battery technology without an in depth analysis of the state of the field. I think that's why Musk hung up; lack of objectivity. Further, I would argue that Tesla is already enjoying success, and advances in battery technology are inevitable.
    9 Jun 2013, 03:13 PM Reply Like
  • redrhineisbluecollared
    , contributor
    Comments (5) | Send Message
     
    ajmcgold seems like an insecure holder of intermediate length call options who bought them just after the run up.
    9 Jun 2013, 03:38 PM Reply Like
  • ajmcgold
    , contributor
    Comments (96) | Send Message
     
    What makes you say that - the length of my comments? the content?

     

    Was nursing a beer on a beautiful sunny day...feeling pretty good actually :)
    9 Jun 2013, 04:45 PM Reply Like
  • Cassina Tarsia
    , contributor
    Comments (662) | Send Message
     
    Peers? What peers ... ? It appears to me that someone is angry that Elon Musk hung up on them (you know, the bit about the batteries) and is making a point to poke him as a result! A lot of hay out of nothing, I would say.
    9 Jun 2013, 03:46 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    Meh....like the editor of Barron's knows battery technology better than Elon Musk. So many detractors to this gamechanging Tesla story.

     

    Everyone wishes, hopes, prays, dreams Tesla stock will fall lower (to buy it themselves, of course), and then? It never does. Why? People want to retire off this man called Elon Musk. And they will. Keep the faith longs!
    9 Jun 2013, 03:46 PM Reply Like
  • wyostocks
    , contributor
    Comments (9113) | Send Message
     
    David
    I read the same passion about Apple when it was $700.
    9 Jun 2013, 04:18 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (6915) | Send Message
     
    $200/share? $1,000/share? Do I hear $2,000?

     

    Yahoo 2.0.
    9 Jun 2013, 03:52 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    Childish name calling. Shorts must be desperate. Too bad. You're not getting my shares.
    9 Jun 2013, 04:00 PM Reply Like
  • Johnt7777
    , contributor
    Comments (4) | Send Message
     
    They wont be getting my shares either, and about the battery thing,hasnt anyone researched Graphine?, its going to be used for both super solar cells , and also extreme batterys . also it can be used and is for platform covers like airplanes and automobiles, I think I would try a 3 d printer to infuse more solar collectors into the car body.
    10 Jun 2013, 12:54 AM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    I will answer all Tesla detractors with this one quote from General Motors over the weekend:

     

    "Innovation is exploding right now," says Dr. Gary Smyth, the Irishman who is executive director of global R & D for GM. "The industry is in a period of rapid transformation."

     

    . It takes 15 to 20 years to turn over the entire fleet of 300-million-plus cars in Canada and the U.S., but the technological changes that will take place in the next turnover will set up the industry for the next 50 years, says J.E. "Ted" Robertson, senior technical adviser to Magna International Inc.

     

    . There are now an average of 75 computer chips in most new cars, with 100 million lines of code in them. They add about $1,200 to the cost of a new vehicle. Five years ago there were only 25 chips per car adding $400 to cost.

     

    . There are already battery-driven, prototype Electric Vehicles being driven on U.S. test tracks which have nearly three times the "energy density" of the batteries in a Chevy Volt.

     

    They could be on the road in five to 10 years, costing much less than today's EVs, and they will have "a big impact" on the industry, Smyth says.

     

    "It completely changes the equation" on cost, range, and vehicle packaging.

     

    Read more: http://bit.ly/14qy62x
    9 Jun 2013, 04:23 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    "A Volt has about 140 watt-hours per kilogram energy density in its LG Chem lithium-ion T-shaped battery pack. Tesla’s “skateboard” chassis now uses Panasonic cells that reportedly deliver as much as 240 Wh/kg, and Tesla CEO Elon Musk said to expect more."

     

    So the head of GM's R&D is saying there are batteries out there TODAY that they, themselves, are testing on the track with a density of 420 watt hours per kilogram.

     

    Being GM though, and not TESLA, its going to hit the market in 5-10 years for them.

     

    How fast do you think Elon Musk will bring that tech to market?

     

    GAMECHANGER FOLKS!

     

    I'll see you kids at $1000 a share!

     

    Buh bye shorts!
    9 Jun 2013, 04:28 PM Reply Like
  • PeterJA
    , contributor
    Comments (5328) | Send Message
     
    I watched that Fiat Superbowl commercial mentioned in the article. I knew the sexy chick would turn into a car. But when the car appeared, I burst out laughing. I don't think that was the part that was intended to be funny.
    http://bit.ly/16V2Psm
    9 Jun 2013, 04:45 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    You realize at $1000 a share Tesla would have a market cap equal to GM and Ford combined, right? Remind me, how'd all those $1000 calls work for Apple?
    9 Jun 2013, 07:53 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    Mike, to be fair though. Without Steve Jobs, Apple is nothing. What made Apple what they were was vision, and Steve Jobs was their vision. Ever since Jobs died, Apple has been blind.
    9 Jun 2013, 08:05 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    GM and Ford have 126 BILLION in DEBT combined.

     

    You may want to stare at that metric for awhile as well.
    9 Jun 2013, 09:18 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    Profits are still sky high for Apple, but the valuation of the stock has contracted. Doesn't change the fact that Telsa at $1000/share gives it a $100 billion market cap.
    9 Jun 2013, 09:22 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    Float is Float. When they run out of shares, and demand for them is steady, there is only one way for this stock to go...up.

     

    As long as this company continues to perform to its goals and dates, people will keep buying shares, holding shares, and bidding it higher.

     

    Plus, the June 20 demonstration may transform this company from an automotive company to a breakthrough energy storage company.

     

    I'm not sure why people discount that Tesla is now in a position to acquire companies themselves if they so choose. Lots of non publicly traded companies working on energy storage for TSLA to scoop up.

     

    Like Cramer said, this is a cult stock. The cult is growing daily and as long as the cult leader continues to brilliantly perform? The cult stays loyal and buys and holds their shares.
    9 Jun 2013, 10:14 PM Reply Like
  • joenjensen
    , contributor
    Comments (701) | Send Message
     
    I like the way you think, Apple never made that price but I think Tesla will leave these shorts in the dust, 0-60 in 4 seconds, and just like Space X it will surpass anything on the road, in the sky, or space.

     

    What most folks miss is that they have never seen anything like this company, and ya know what....their right, so lofty price levels are not out of line, in Tesla's case it's the exception.

     

    The only ones complaining are the shorters, they are saying tsla is not worth triple digit prices, and they can't justify that price.

     

    What they really mean is that they can't make any money if it goes that high, but when it does go higher, like a baby they will be screaming and jumping up and down and getting a nose bleed from all the tantrums because they are not getting their own way.
    9 Jun 2013, 10:44 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    So you recommend buying a stock with no thought of the valuation it attaches to the company? That seems like a fantastic way to lose money.
    9 Jun 2013, 10:51 PM Reply Like
  • jackl1956
    , contributor
    Comments (115) | Send Message
     
    Bill Alpert stated: It is the best car that I've driven and probably most people behind the wheel of one one of these things would say the same thing. You get this irresistible urge to drive to the brokerage firm office and buy the stock.
    He also stated: They have to come out with an additional model that is half the price of the current car, but still goes almost as far on a battery charge. The trouble is that the battery technology isn't improving at that rate.

     

    Bill's logic is fundamentally flawed in his analysis of battery technology. Companies worldwide are actively working on battery improvements. An annualized improvement of eight percent is conservative. Tesla's business paradigm will be successful barring any major battery developments.

     

    The Silicon Graphene Composite Anode will be game changer. CLbattery.com
    9 Jun 2013, 05:20 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    "You get this irresistible urge to drive to the brokerage firm office and buy the stock."

     

    And I will bet you that with every vehicle Tesla sells, they get a new shareholder for life.

     

    I'm pretty sure it doesn't happen that way with Ford or GM.

     

    TSLA float is disappearing guys. Fast.
    9 Jun 2013, 09:20 PM Reply Like
  • putitallonred
    , contributor
    Comments (100) | Send Message
     
    Ford, GM, Mercedes, BMW and others are positioning to be competition for Tesla by 2014.

     

    Tesla has yet to make a profit on manufacturing cars ( without credit and accounting gimmicks ) . Tesla is not expected to make a profit until 2014. If the major manufacturers have their way, Tesla will remain a niche manufacturer of real nice but expensive status symbol.
    9 Jun 2013, 05:40 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    putitallonred, competition? where is competition? So far nothing either of the above released is competition to Tesla. By the time they come out with competition, Tesla will already be a major player. At this point we know there is going to be no competition until at least 2016 if by then.
    9 Jun 2013, 06:52 PM Reply Like
  • pat1000
    , contributor
    Comments (496) | Send Message
     
    My take is Mr Alpert has underestimated the best COO and CTO in the country whether or not Elon Musk holds neither or both of those titles---
    9 Jun 2013, 05:46 PM Reply Like
  • Rabbitskin
    , contributor
    Comments (20) | Send Message
     
    There seems to be plenty of upside potential between now and the time when as stated Teslas pps "......falls in line with its peers.". Their pps needs to continue to be analysed using "the game changer" method and model! Actually there are no peers today and none even apparent on the horizon.
    9 Jun 2013, 06:16 PM Reply Like
  • maybenot
    , contributor
    Comments (6600) | Send Message
     
    Sure -- let's bet against the guy who is the only who can get a US spacecraft to the ISS.

     

    Let's bet against the guy who is building EV's & making a profit when others said it could not be done.

     

    Let's bet against the guy who has plans to go to Mars and build a colony there.

     

    Let's bet against the guy who built supercharging stations up & down the West coast, and now is building them across the US.

     

    It's good to skeptical, but...ye gods! -- bet against this guy named Elon? Maybe not so smart. But what do I know.
    9 Jun 2013, 06:21 PM Reply Like
  • joenjensen
    , contributor
    Comments (701) | Send Message
     
    Not a good bet at all......
    9 Jun 2013, 10:55 PM Reply Like
  • Barn Al
    , contributor
    Comments (151) | Send Message
     
    I don't see it, but you never know. Long a few December puts.
    9 Jun 2013, 06:42 PM Reply Like
  • broncubnug
    , contributor
    Comments (67) | Send Message
     
    it feels like a lot of emotion in here. this whole thing reminds me of Apple, the greatest newest product that everybody wants, huge buzz, then what happens.. other companies just copy them, make the same product at better margins, becoming more popular than the original.. Apple still maintains their arrogance as their share price gets obliterated.. Elon Musk hangs up on Barron's.. arrogance. GM F etc will copy Tesla in no time if the EV even becomes a popular thing..
    9 Jun 2013, 07:56 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    The difference between Apple's situation and Tesla is unlike Apple, Tesla actually owns most of the technology they use. In Apple's case, Apple relied on Samsung for most of their parts. They thought samsung would be happy as a supplier. It ended up backfiring because they never expected Samsung would be serious about competing with them. To add to it, Tesla is open to licensing their technology.
    9 Jun 2013, 08:03 PM Reply Like
  • David G.
    , contributor
    Comments (203) | Send Message
     
    Well ok, if TSLA rises to $700 and pulls back to $300, I don't think any long is going to be crying right now.

     

    I'd rather get in at $100 before the $700 hits though....but that's just me.
    9 Jun 2013, 09:23 PM Reply Like
  • Johnt7777
    , contributor
    Comments (4) | Send Message
     
    Yeah well I am going to invest in the real thing, you know , the collector car , the one that will increase in value ,the tesla ,
    10 Jun 2013, 12:53 AM Reply Like
  • JackB125
    , contributor
    Comments (417) | Send Message
     
    The thing about the Barron's article is that it is so unique! I've NEVER seen another article before written by someone that knows very little about Tesla and its products saying that the stock price is too high based on fundamentals alone! [Sarcasm very much intended.]
    9 Jun 2013, 08:19 PM Reply Like
  • evjohn
    , contributor
    Comments (1470) | Send Message
     
    There was a recent article about Tesla selling car sin China. I just back and the number one cars are form Germany. Mercedes Bentz, Aude, VW and BMW all cars that the average American does nto buy. Green is in in China and when the Chinese get Tesla in their sites they will sell many many of them and I predict will coem the top selling car in China because of two reasons: It is green, it is great.
    9 Jun 2013, 08:24 PM Reply Like
  • calaiz
    , contributor
    Comments (10) | Send Message
     
    Yeah and Climate Change is a hoax, just like Big Oil and its lobbyists want you to believe. This is exactly like the Tobbaco industry's claim that "tobacco kills" was also supposed to be a hoax. let's keep burning fossil fuels and destroy the planet for future generations, when that happens, there will not be an opportunity to sue Big Oil, because the planet will be a scorched dead planet. I prefer to believe what Caltech and MIT scientists are saying, rather than swallowing what Big Oil's lobbyists want you to believe. In addition to that, electric cars will get us off the crude oil addiction and make us independent of Saudi oil so that we can stop sponsoring the country that is most responsible for sponsoring hatred in the Middle East against the US using the billions of dollars in revenue they receive from the US to sponsor said hatred. If people cared more about leaving the planet in good condition for future generations instead of making aquick buck shorting a company that actually has a positive agenda for theplane: zero emissions at the point of use, and eventually zero emissions at thepoint of generating the electricity for cars and everything else.
    9 Jun 2013, 08:25 PM Reply Like
  • Balance721
    , contributor
    Comments (2) | Send Message
     
    Hey...................... to rain on your parade but Barron's has a lot more influence than the denial seems to be allowing to come to consciousness. I am long TSLA but I've been here before, holding a stock over the weekend that Barron's panned on Saturday only to see it open down 9 points from Friday's close. Granted this other stock was a lot of smoke and mirrors but be prepared for TSLA to open down and hopefully recover by end of day.
    If Elon was smart which we certainly know he is he will make a statement about the Barron's article before the open tomorrow.
    9 Jun 2013, 08:25 PM Reply Like
  • orthophonist
    , contributor
    Comments (126) | Send Message
     
    Just one more comment. This article, some typically incompetent, neglects the future of the super-capacitor and the air-aluminum battery, two technologies capable of dramatically reducing costs, weight and, at the same time, increasing range and speed of charge. If the writer had simply listened carefully to Musk's comments last week, he would have learned a number of useful things. He would also fully understand why Musk has no patience for people who don't do their homework.
    9 Jun 2013, 08:25 PM Reply Like
  • joenjensen
    , contributor
    Comments (701) | Send Message
     
    I agree, these people refuse to believe that the technology of yesterday is what we are using today, and that these very same people also refuse to believe that the technology of yesterday can not continue to be useful, or service Americans.
    They refuse to understand that logically it has to change, it's a matter of time, and time is now, because the old technology is not servicing, it's to expensive and Americans when they find out that we have another energy choice, and that electric energy is a better cheaper choice, they will not stand for the polluting expensive energy we are using now.....any more.
    9 Jun 2013, 11:13 PM Reply Like
  • whatsamattau
    , contributor
    Comment (1) | Send Message
     
    Lest you all forget that oil is a finite supply. According to an artilce published by the American Petroleum Institute in the mid-90's, there only enough oil remaininfor the next 30 to 40 years....translation: about half of that supply is already gone with approximatley only another 12 to 20 years supply remaining. Too bad we did not have someone with vision back in the 70s when the oil embargo caused oil prices to shoot up and long lines at the pump. If you need a refresher course, rent the movie "Three Days of the Condor." Anyone who scoffs at an EV is in bed with politicians, Arabs or both.

     

    A harbinger: Auto inventors in the 1890's were thought of as crackpots and that horseless carriages would never replace horses.....
    9 Jun 2013, 08:25 PM Reply Like
  • 123man
    , contributor
    Comments (1612) | Send Message
     
    we did - his name was Carter - and look at what the establishment did to him - he recognized the problem and started a movement in the direction of the environment - Reagan squashed it (or should I say the big corporate interests he was a spokesman for before his presidency) - and then there was the GM EV-1 paid for by tax dollars (1 billion of them), crushed by big interests only to have the Hummer shoved down our collective throats by huge tax incentives - but those Hummers did burn an extraordinary amount of gasoline -
    10 Jun 2013, 09:46 AM Reply Like
  • PatPatterson
    , contributor
    Comments (54) | Send Message
     
    I don't get the argument that Tesla has to sell hundreds of thousands of cars in order to justify the market's expectation. Simple math: using $85,000 average price with a 25% margin means the 36,000 cars will produce $775,000,000 in profits. The stock currently sells at 15 times that number, and the company could well produce more cars than 36,000 this year! What am I missing? Or am I just being pimped into writing a comment?
    9 Jun 2013, 08:37 PM Reply Like
  • Julian Cox
    , contributor
    Comments (1255) | Send Message
     
    Sir you need to be rewarded with 100 likes for the most common sensiest comment I have seen in a very long while - the chance of Tesla producing and selling less than 36000 Model S in 12 months starting now (June 2013 to June 2014) is so close to zero that if you cannot take that kind of risk in return for a reward than you have no business considering the stock market at all.
    9 Jun 2013, 09:16 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    Simple finance - gross profits do not equal net profits. The 25% is gross margin, which doesn't take into account SG&A expenses or R&D expenses, which together were enough to erase all the gross profit from selling cars. Look at the numbers at the end of the press release for the quarter to see the math.
    9 Jun 2013, 09:32 PM Reply Like
  • PatPatterson
    , contributor
    Comments (54) | Send Message
     
    Can anyone tell me if the short interest in a stock takes into account "shorts against the box"? These are short sales using borrowed stock to sell without disturbing a long term position one holds in a stock and which one doesn't want to disturb. At some point, one buys the short back in - potential demand like any other short - but the urgency isn't there; one can always just deliver the long position against the short and be outta there. And don't tell me that venture capitalist and other insiders don't avail themselves of this kind of transaction so that they don't have to publicize the sale of the stock (well, eventually the company insiders do).

     

    My point is, simiply, that there may be no short squeeze at all, just a whole bunch of people having taken profits for the short term and not really having any compunction to buy back the stock. Pretty hard to squeeze such a position.
    9 Jun 2013, 08:44 PM Reply Like
  • PatPatterson
    , contributor
    Comments (54) | Send Message
     
    And one more thing: anyone ever heard the phrase "climbing a wall of worry"? That's very old Wall Streeteze: a stock hasn't got any pizazz if there is no doubt regarding its worth or its future.
    9 Jun 2013, 08:58 PM Reply Like
  • Joe Dirnfeld
    , contributor
    Comments (1124) | Send Message
     
    Back in 2008 Barron was pooh poohing the Apple iPhone about to be released. Please search the article if you disbelieve. They were so pathetically wrong that from there onwards I've come to realize they will keep you from making money.
    9 Jun 2013, 09:22 PM Reply Like
  • joenjensen
    , contributor
    Comments (701) | Send Message
     
    You Betcha...................
    9 Jun 2013, 10:01 PM Reply Like
  • Mike Maher
    , contributor
    Comments (2860) | Send Message
     
    Hey, your cap locks button is on. Stop typing like a 10 year old. Thanks
    9 Jun 2013, 11:20 PM Reply Like
  • chenmj
    , contributor
    Comments (940) | Send Message
     
    I have been driving a 1991 Lexus LS400 since it got 4 miles on its odometer, accumulating a total of more than 240,000 miles. The Lexus LS has been consistently rated the best just about every year since it came out in 1990 by JD Power. With proper care, its body still sturdy and looked like new. It also drove like a new car with proper maintenance. Incredible car. In my opinion, it really is the best gasoline-powered car there is. I intended to drive it another 3 years perhaps, then I plan to switch to a Teslar EV. By then, I believe there will be Teslar model(s) more affordable available with performance as good as my Lexus LS, with enough charge stations around for convenience. I particularly like the idea that every morning you can start with a fully charged battery without fuss. It's clean for environment and I believe it will be far more economical to drive. The way to go, Elon!
    9 Jun 2013, 11:34 PM Reply Like
  • Michael Bryant
    , contributor
    Comments (6915) | Send Message
     
    I am getting too old to keep up with the back and forth stuff about (TSLA). Neither extreme is likely right. (TSLA) is not going to die. And it is not going to the moon. Problem is (TSLA) is like Justin Bieber. Say one bad thing about him and boy you need to run.
    9 Jun 2013, 11:50 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    Michael, aren't you a bit contradicting yourself though? If TSLA is like Justin Beiber then pretty sure his ranking mooned.

     

    Plus, Elon Musk has a rocket that can take a Tesla to the moon literally lol
    9 Jun 2013, 11:55 PM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    Flashrob, you really need to stop with the capslock and bursting at people. The guy said he is keeping his current car for 3 more years and getting a Tesla, why are you jumping on him?
    10 Jun 2013, 12:01 AM Reply Like
  • Michael Bryant
    , contributor
    Comments (6915) | Send Message
     
    The capitals are REALLY annoying.
    10 Jun 2013, 12:09 AM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    flashrob, again, stop with the capslock, your just turning people off from your comments.

     

    The guy is clearly not looking for a new car right now at all, he is driving a 1991 Lexus which means he hasn't bought a new car in years and is in no hurry to buy a new one. So unless his car breaks down completely he plans to use it until he buy a Tesla in 3 years. There is nothing wrong with that.

     

    As far as the big guys there are plenty of reasons but end of the day they are irrelevant. EVs are the future and anyone who can't adapt to the future will cease to exist. But for the time being they are milking their old investments. Tesla right now is leading the pack and the longer they take to respond, the more room Tesla has to become huge.
    10 Jun 2013, 12:16 AM Reply Like
  • flashrob
    , contributor
    Comments (297) | Send Message
     
    I'm "helping" to speed up the "big old boy network demise"...

     

    want to get that "trash" out of the way...

     

    I'm not in this for the money...I make money faster on other financials...

     

    I don't even own tesla, stock or options...never have but I'm thinking about getting in to it...

     

    no rush... since I expect 20-30 x in a few years, plenty of time...

     

    I plan to use TESLA as a place to "park money" instead of bonds/money mkt, etc.
    10 Jun 2013, 12:30 AM Reply Like
  • uscpaul
    , contributor
    Comments (41) | Send Message
     
    So Barrons is doing an article that Tesla stock is overvalued. Who cares? People and companies and financial 'experts' have been saying that since the stock opened at 18 bucks. If I would have listened them, I would not be as well off as I am today.
    10 Jun 2013, 01:04 AM Reply Like
  • broncubnug
    , contributor
    Comments (67) | Send Message
     
    Elon Musk is one of the modern-day great ones (ala Steve Jobs) and the Barron's article is no knock against him. I am a huge fan of Musk, call me a "Musketeer" i guess, but this stock's current value is idiotic and makes no sense, that's the whole point of the cover story. $TSLA drops to Earth quicker than it shot to the moon ..
    10 Jun 2013, 01:51 AM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    broncubnug, again, there is a problem with Barron's evaluation due to their poor understanding of technology. In the article they say that the price of batteries will drop 20-30% in 3-4 years. But what they failed to account is that not only will price drop, capacity will go up and weight will go down. Since they failed to factor those things in they fail to see how the Gen III is possible. When you do factor those in, making the Gen III is easy enough for Tesla.
    10 Jun 2013, 02:33 AM Reply Like
  • broncubnug
    , contributor
    Comments (67) | Send Message
     
    but will that even matter if demand just isn't there for the III ?? these electric cars are "pains" and if the price of oil drops dramatically, which a lot of people are predicting, then how attractive is the EV? man so many factors and i just see this whole Tesla thing as a fad
    10 Jun 2013, 08:13 AM Reply Like
  • weaponzero
    , contributor
    Comments (502) | Send Message
     
    broncubnug, define "pains"? An EV is better in almost every single way in comparison to gasoline. The only inconvenience in comparison would be the range. Statistically speaking though, the chances of a person making a trip over 100 miles is around 4.3%, the chances of a person making a trip over 200 miles is 0.1%.

     

    So then let me ask you this question, what would you prefer, something that is better and more convenient 99.9% of the time? or something that is more better and more convenient 0.1% of the time?

     

    The issue EVs have is a mentality one, not practicality. There was a good article a while back which explains it very well. If say you had a smartphone, and that smartphone used a proprietary outlet that you could not use within your house and had to drive out of your way to charge your smartphone, would you find that more convenient then right now where you can charge your smartphone at any outlet? Which one of these will be a "pain"?

     

    As for price of oil is irrelevant, and people's predictions are across the board. Some are predicting prices will go up, some are predicting that they will go down, either way the EV would still be cheaper to charge. Because oil prices will never go down to the point where they are competitive with electric prices.

     

    In terms of it being a fad or not is irrelevant, because fads often turn into present realities. Many thought touchscreen phones were a fad. Many thought the internet was a fad. I can go on.
    10 Jun 2013, 09:49 AM Reply Like
  • AlexiaEP
    , contributor
    Comments (1074) | Send Message
     
    According to the owners, 'these electric cars are NOT "pains"'. But you're certainly entitled to your opinion based on the fact you don't actually own a Model S...therefore, you MUST be a wealth of valuable information on the subject. *snork*

     

    BTW, hope you're not holding your breath about that 'drop back down to Earth quicker than the ride to the Moon'...since Tesla's been sitting up there for about three weeks now. It only took 6 weeks to get there. Time is running out real quick on your prediction.
    10 Jun 2013, 11:24 AM Reply Like
  • Rabbitskin
    , contributor
    Comments (20) | Send Message
     
    Too bad these posts are looking like the message board of one of the penny stocks NVLX i own........mostly pumpers and bashers. And about 5% thoughtful comment from bothe longs and shorts....i expect better on this site.
    11 Jun 2013, 02:47 PM Reply Like
  • Kevin Weng
    , contributor
    Comments (80) | Send Message
     
    It is amazing to see so many myths and cliche in the comments. I've written an article to repudiate these myths:

     

    Truth Or Myth: Most People Still Don't Get Tesla

     

    Here is the main arguments.

     

    Truth or Myth #1: A Tesla is a gorgeous, high-tech, sexy, rich person's toy purchased mainly to impress one's friends.

     

    Truth or Myth #2: Spending $50K+ on a BMW, Audi, Mercedes, Lexus, Jaguar, Aston Martin or Maserati makes you look foolish, or worse, irresponsible.

     

    Truth or Myth #3: The true cost of the Model S is lower than that of a $50K BMW, Audi, Mercedes, Lexus or Jaguar.

     

    Truth or Myth #4: Range anxiety

     

    Truth or Myth #5: The EV is unproven technology; the battery will degrade significantly after a maximum of 1,000 charges.

     

    Truth or Myth #6: Tesla makes expensive electric vehicles affordable only to the wealthiest 1%, while EVs account for less than 1% of car sales. The $11 billion market cap is a bubble.

     

    Truth or Myth #7: Tesla's 21,000 car sales target for this year is doubtful. The 25% gross margin is untenable without ZEV credit revenue.

     

    Truth or Myth #8: The big automakers, Toyota, GM and Ford, will launch their own EV products and crush Tesla. Tesla has no intellectual property or competitive advantage that will enable it to stay ahead.

     

    Truth or Myth #9: Tesla is the next Apple; Elon Musk is the next Steve Jobs.

     

    Truth or Myth #10: Forget about Great America; just take your kids for a Tesla drive.

     

    Truth or Myth #11: Gallons of light

     

    Go check it out and cast your verdict!

     

    http://bit.ly/11aLljU
    10 Jun 2013, 10:41 AM Reply Like
  • Julian Cox
    , contributor
    Comments (1255) | Send Message
     
    Kevin - thanks for the mention, means a lot.
    11 Jun 2013, 06:29 PM Reply Like
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