SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 362.31-1.8%Nov 4 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: TobagoJack who wrote (134037)6/8/2017 6:29:10 PM
From: Maurice Winn  Read Replies (2) of 217541
 
Another day, another humbling as TSLA soars on expectations of glory and victory against many car companies doing the same thing, with Google and others doing autopilot car management to back them up.

Down 10% on paper/electrons to date.

Short squeeze or irrational exuberance or a combination of both?

Anyone can make photovoltaics, near enough.
Anyone can do computerized communications car management for autonomous driving
Uber, Lyft, Tesla and others can do fleet management of uberized taxi services
Batteries are old as the hills for static applications such as storing electricity from photovoltaics
Toyota makes a LOT of cars of normal, hybrid and pure electric varieties, all highly successful
GM Ford Nissan Mercedes and many others are battling for market share in electric and other cars.

Some will do much better than others.

Carbon car bodies are unnecessary.
Giant long range batteries counter the super-light carbon bodies.

With a half hour recharge at superchargers, instead of 3 minutes at a petrol pump, 10 times as much acreage will be needed for service stations. That's a LOT of service stations and uneconomic. At peak times, queues will be enormous and delays very frustrating.

A LOT of electrical supply infrastructure upgrade will be needed to supply all cars with electricity instead of liquid hydrocarbons.

A LOT of fun is to be had and much gnashing of teeth resulting.

Oil prices are falling. And can go to $20 a barrel. And stay there for longer than TSLA irrational exuberance can undercut that price.

I have seen this all before, way back in 1979 and on to Y2K as oil price declines reclaimed dominance against all sorts of alternative fuels.
Mqurice
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext