Norbert
TSLA will win
"... doesn't want to be caught off guard."! Oops. I think that train left the station in 2010.
Interesting that he considers GM being caught off-guard even with the Volt and the Spark EV....
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"... doesn't want to be caught off guard."! Oops. I think that train left the station in 2010.
That us because tesla is a real car !Interesting that he considers GM being caught off-guard even with the Volt and the Spark EV....
Interesting that he considers GM being caught off-guard even with the Volt and the Spark EV....
What if the hyperloop press conference by Elon is about Tesla or Elon being willing to partner with a company or finance the first hyperloop connection themselves? Perhaps the one from LA to San Fran first...AND that the vacuum tube will be built in such a way that it can carry X number of people and/or a Tesla Model S/X. Imagine driving your Model S to a hyperloop terminal in LA and driving out in SF in your Model S 20 minutes later!!! Would probably take a couple years at least to build the hyperloop, but what do you guys think an announcement like that would do to the stock price the next day? Up 20 bucks? Up 50 bucks?
This is a complete dream here...but what if?
I'm not sure where all the confusion is coming from. Musk has repeatedly stated that he is not going to build the hyperloop, period, end of story. If people actually listen to what Elon says there would be a lot less needless speculation.
i agree about the possibility and will be preparedGoogle will probably plummet tomorrow, dragging down many other tech stocks.
I am curious if TSLA will be dragged down too, or not. I suspect not actually. It may be that some of the GOOG money flows into TSLA tomorrow. We'll see.
In fact, it's bad news that GM's CEO at all mentions that Tesla could be a disruptive threat. A lot of Tesla's potential upside comes from the fact that it isn't considered a likely threat to the established auto industry, which I very much believe it is. The most spectacular victories in technology occur when an innovative company disrupts an entire industry (see eg. Netflix vs. Blockbuster). If this is more than idle musing from GM's CEO and GM is actually willing to cannibalize its own ICE sales in favor of electric cars, a large part of Tesla's disruptive upside will disappear, since competition in EVs will be more fierce than anticipated. Keep your eyes on these developments in the next year or two.
GM announced that they would form a group to study the Tesla threat. It's too late. Way too late.
In order to go electric in a big way, GM would have to reorganize their engineering, begin winding down ICE development, rework supply chains, renovate factories, contain a probable dealership revolt, and do all this while fending off Toyota, Ford, Honda, Hyundai, VW, and others, and maintain enough profits to keep shareholders happy. GM would have had to start this years ago. They had their shot with EV1 and they threw it away!
GM's group will probably take a few months to a year to conduct its study. Then the GM management will take some time to figure out what to do. Then there will be the infighting between managers trying to protect their interests. By the time it's all over years will have passed. Tesla controls not just the IP and engineering know how. They control a whole ecosystem of vehicles, software, robots, stores and Superchargers. This cannot be easily replicated from scratch. It's all the more difficult to do when fighting against institutional momentum.
I was wondering when will Tesla Model S car get it's official crash/safety rating? I read that it's designed to be very crash safe due to: 1) no engine in the front. 2) heavyweight car compared to other sedan of its class. I also stumbled on the unfortunate article about Model S and Accord crash accident, and looked like Model S is very strong and safe.
My thought is if Model S gets really high safety rating, it could become another catalyst for the company in terms of customer interest and the stock performance too. So... any idea about the timeline we get crash safety score?