http://www.profitconfidential.com/stock/tsla-stock-is-tesla-motors-the-betamax-of-automakers/
Is this guy nuts? OK, it's probably click bait and I fell for it so if you don't want to click on it here are some highlights:
This one was new to me, when did VW, GM, Ford and BMW go with Fuel Cell Vehicles?
Is this guy nuts? OK, it's probably click bait and I fell for it so if you don't want to click on it here are some highlights:
The Honda Clarity’s figures alone should make Tesla stockholders blush with fear: 450 mile range, three minutes to refuel, no special charger needed. A Tesla Model S needs 60 minutes using a supercharger or several hours (eight or nine at least) if you use a regular household outlet.
Unlike the batteries that power Tesla Motors’ cars, fuel cells offer all the environmental benefits of an electric car without the range anxiety. In a fuel cell, the operative principle is reverse electrolysis. Hydrogen and air flow around two electrolytic plates, which act as anodes and cathodes, separated by a polymer membrane.
This one was new to me, when did VW, GM, Ford and BMW go with Fuel Cell Vehicles?
[Honda is betting that fuel cells are the future; not batteries. Honda Motor Co. stock should gain from the fact that its main competitors such as Toyota, Volkswagen AG (OTC:VLKAY), General Motors Company (NYSE:GM), Ford Motor Co. (NYSE:F) or even premium automakers like BMW, have chosen fuel cells rather than batteries. Fuel cells can be adapted to all kinds of vehicles; from cars to trucks.
The battle is not unlike Betamax vs. VHS in the late 1970s and 1980s with home video entertainment. Hyundai, which sells cars all over the world, serving markets where personal car ownership is growing fastest (i.e. Africa and certain parts of Asia) has also bet on hydrogen fuel cell technology.
Tesla Motors shareholders should note that Tesla’s much-yped success, a mostly California-ased phenomenon, does not equate with the reality of the global automotive market which counts more than 65 million vehicle sales in 2015.