Sell Red One to Buy GM shares at 50-Year Low?

[Finner]

I doubt that will happen with a $100K car...

I guess you have not heard Tesla's bussiness plan. Of all the current electric car companies Tesla's is by far the smartest.

Tesla's Plan

1. Build one of the best sports cars in the world that is still a fully useable car (roof, doors, AC...). The Tesla Roadster kicks ass 0-60 on even million dollar exotic cars. Then sell the Roadster to the rich environmental friendly stars and other high profile people at 100K (100K is cheap compared to many of the sports cars the Tesla can do circles around) and make a decent enough profit to go to step 2.

2. Take the R&D and profit from the Roadster and build a 60K luxury sedan.

3. Take the R&D and profits from the roadster and luxury sedan and build a good 20K average joe electric car.


This is so much better of a plan then to build a 16K golf cart car like other electric car companies are doing.

 

[Peter Majtan]

Sounds like a plan...

4. Take only the profits from the "roadster", "luxury sedan" and "average joe car" and buy yourself a Hummer with a life-time supply of gas...

:tongue:

Just kidding. I like what they are doing. But the question remains - how do You generate electricity in a manner that would not affect the environment? And then - how do You make it accessible?

 

[Meryem Ersoz]

I guess you have not heard Tesla's bussiness plan. Of all the current electric car companies Tesla's is by far the smartest.

Actually, the really smart part of their plan is how well capitalized they are.

But their ultimate success will be measured by their ability to bring the mass-market car to fruition, not a specialty vehicle with a niche price tag. That's pretty far off in a highly uncertain future.

And their lead time will have to outpace the rate at which competing venture capital now flows towards this problem, since the incentives seem to expand daily, as well as outpacing the few majors who have already embarked on greener mass-market vehicles, such as Honda. Time will tell.

 

[Anthony Gratl]

Actually, the really smart part of their plan is how well capitalized they are.

But their ultimate success will be measured by their ability to bring the mass-market car to fruition, not a specialty vehicle with a niche price tag. That's pretty far off in a highly uncertain future.

And their lead time will have to outpace the rate at which competing venture capital now flows towards this problem, since the incentives seem to expand daily, as well as outpacing the few majors who have already embarked on greener mass-market vehicles, such as Honda. Time will tell.

The problem is, all of these cars and solutions are an attempt to keep the status quo the same in terms of convenience, and I think that's the real question......is this really sustainable, this level of production output and industrial resource extraction?