valhalla360 wrote:
free radical wrote:
Future is electric get ready..
Tesla is worth more then GM now,,and plans to add 3 or 4 more giga
factories,so unless other automakers get into the game fast they will be left behind..
Btw Tesla is coming up with electric semi this year,,things will get interesting..
https://electrek.co
Correction.
Tesla's total stock is selling for more than GM's total stock. That is much different from "worth".
By any objective method, Tesla is a tiny fraction of GM's value and there are no signs of it changing any time soon.
Tesla is "coming up" with a lot of things but they never seem to "come up" with a profit.
Yes to all the above but remember. Tesla is not a car company, it is a technology company. Cars are just one thing they do. Tesla is also the single biggest driver of this kind of technology in North America right now, meaning that what they do also drives other companies to develop technology marketable the world over. Although there are many who would like to see Tesla fail for various reasons there is currently no other players in the north American market that will easily fill the void. Many analysts feel that if it does fail the technology leadership role will pass to the Chinese and Europe and never come back. At least three European countries have been tempting Tesla with offers to move the operation to various EU locations. As well the Chinese will be exporting electric vehicles into the North American market place within two to three years. There is political pressure to see them succeed on this side of the pond. I'm not a share holder and both our EV's are built by other companies but I can understand the reasoning for "enabling" there success. Just saying.
