LargeOrangeFont
We aren't happy until you aren't happy
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- Sep 4, 2015
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I have never owned TSLA as a stock, I would probably short it, before I would go long. Either way has risk.
Negatives of TSLA have been discussed at length on this thread. I will not get into them in much details. But Cash Flow, Debt, Manufacturing, Meeting Goals are all items of concern. Most of all, future competition.. Jaguar, Porsche, all the other majors will have a competitive product soon. These are the reasons why I have never owned TSLA...
Positives of TSLA. Brand Recognition, they are the best of breed in Electric Cars, at least most consider them. Battery's - The Gigafactory is being built to build more battery's than Tsla cars will need. Why? So that other manufacturers buy those battery's and install them in their new cars. Which also brings in the Charging Stations. Rapid charging is key to winning the Electric Car race. 80% Charge in 40 mins = 220 mile range in S90... Thats solves most peoples transportation problems, especially when those charging stations are near a coffee shop, mall, shopping etc. Thats the biggest weakness to TSLA competition is a network of Rapid Chargers. These are the reasons why I have never shorted TSLA.
The key thing I havent figured out yet. Why havent the major gas stations put in Rapid Chargers. The biggest profit at a gas station is the slurpees, hot dogs, beer, cokes, chips ice.. Not gas. So add Rapid Chargers... Why havent they embraced this???? To much money not to.
As you can see, I am watching them... they will not stay at this stock price much longer... It will go up $100, or down $150....
They are making batteries for houses, not cars Until you can buy an all electric normal sized car for $30K that can go 300 miles, electric cars are not going to have significant market share.
Gas stations have not embraced rapid charging because of the cost of infrastructure to bring that kind of electrical power to the property. How many stations are they going to have? 1? 2? They are not going to have 10, at least not anytime soon. The charging station will not be filled all the time, and if more than a couple people want to charge, you are turning customers away.
They are better off installing a car wash with that space or another set of gas pumps.
Even at 40 minutes, there are only certain places where people would want to "rapid" charge. The fast chargers are more conducive to be located at shopping centers, restaurants, and malls, not gas stations. Few people want to sit in their car in a gas station parking lot in their $70-$130K Tesla for 40 minutes.
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