AMERICA'S 4TH AUTOMAKER HAS ARRIVED: Tesla electric cars
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inbluevt | Date: Wednesday, 2013/05/15, 11:01 PM | Message # 1 | DMCA |
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Tesla has had a historic week. It began last Wednesday when it reported its first quarterly profit ever. That was followed by Consumer Reports essentially calling it the best car ever when it gave it a score of 99/100.
The stock's epic rally is continuing this afternoon. Management just announced that it would take advantage of its high stock price to raise capital.
Morgan Stanley auto analyst Adam Jonas has argued this week that the way the world perceives Tesla fundamentally changed. "The Tesla debate has moved on from questions of viability to measuring the success and sustainable competitive advantage of the business," he wrote.
Read more: http://www.businessinsider.com/tesla-a....QOzbSSs
Message edited by inbluevt - Wednesday, 2013/05/15, 11:02 PM |
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PapaSmurf | Date: Wednesday, 2013/05/15, 11:19 PM | Message # 2 | DMCA |
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Elon Musk seems to have faith in his own company. He just put up $100 million of his own money to buy stock at a currently elevated price to help pay off the US gov't loan
But get this. The recent success has brought increased criticism from detractors who really seem to want the company to fail
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inbluevt | Date: Thursday, 2013/05/16, 0:41 AM | Message # 3 | DMCA |
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Now why would they want a maker of electric cars to fail? Beats me.
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