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Bloomberg colleague shuts down Corey Johnson's attempt to make FUD of today's recall,
Tesla’s Major Recall: How Will It Impact the Brand? | Watch the video - Yahoo Finance
Great interview of Steve Jurvetson by Bloomberg's Emily Chang on Tesla Motors, autonomous driving, autopilot, ride sharing, AI and other topics.
(link)
Of all places! The Huffington Post has an article claiming hydrogen cars superiority over Tesla. Written buy a guy in the in the hydrogen business. I have not honed my hydrogen arguing skills. Maybe someone here can make a comment on the article. The Huffington Post has HUGE following and readership.
Why America Must Build the Car That Overtakes a TeslaTim Young
Well said. Maybe you can add your post to the Huffington Post article.Tesla understood early on that in order to change public opinion on a disruptive technology, that technology must be far superior to the existing technology, or it won't catch on. FCEV's are less superior than ICE vehicles in performance as well as cost (both to build and to fuel). Not to mention that hydrogen is currently being produced in ways harmful to the environment, negating the potential benefit of being 'green'.
The author also makes a big leap in stating that because the Model S doesn't go as far on a charge as an F-150, then it's not 'a right fit' for Americans. For some, no, but for the vast majority 270 miles are plenty.
Not directly about Tesla, but this Barron's article on Ford and Korean battery makers LG Chem and Samsung SDI includes a statement about safety that is contradictory to what I have read and heard over the years, including related to the Boeing 787 incidents.
Korean Batteries? Ford To Spend $4.5 Billion In EV - Asia Stocks to Watch - Barrons.com
"As I wrote for Barron’s magazine last weekend, the pair of electric car batteries makers have the best large batteries technology in the world, with LG Chem being the market leader. Traditional auto makers are walking the other way from Tesla (TSLA), which cleverly packages commoditised laptop batteries to power its cars. (Panasonic (6752.Japan) suppliers to Tesla.) The others such as GM, Volkswagen and Ford are using the larger batteries instead, because they are safer and easier to package, and they will be buying from the Koreans."
Thoughts?
Not sure I agree with the last statement. I would never try to assemble a battery pack using 18650's myself because it's so much more complicated compared to the brick sized cells I used in my EV.
I understand the term "packaging" as stuffing something into a given, and often complex and/or irregular volume.
Well said. Maybe you can add your post to the Huffington Post article.
I googled the above statement attributed to Elon and this NYT article indeed contains that exact quote. By "worst case scenario" he probably meant "if Tesla goes bankrupt".
For those who are worried about what will happen to their deposits if the car is never produced, since the money will be spent on development and not held in escrow, Mr. Musk said: "The worst-case scenario is they would lose their money. They are at risk."
Is this true? I always thoughts deposits are maintained and accounted separately and cannot be considered as revenue until the sale is completed and as such Tesla cannot touch those funds.
Elon Musk cited by the NYT said:Still, he said: “This car will be manufactured, it will come to market. You should have zero doubt about that.”.
In an yet another FUD article in Seeking Alpha, I noticed the following quote attribute to NY Times:
In March of 2009, when Tesla was gearing up to produce the Model S (at a time when CEO Elon Musk promised that the base model would cost only $57,400 before tax credits), The New York Times ran a story with the following passage:
Tesla is also financing the development of the Model S with deposits from people on the waiting list, who can pay $40,000 to reserve one of the first 2,000 cars or $5,000 for later cars.
For those who are worried about what will happen to their deposits if the car is never produced, since the money will be spent on development and not held in escrow, Mr. Musk said: "The worst-case scenario is they would lose their money. They are at risk."
Is this true? I always thoughts deposits are maintained and accounted separately and cannot be considered as revenue until the sale is completed and as such Tesla cannot touch those funds.