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#205329
Regardless of how you feel about electric cars, this is a good thing for the automotive industry and for our future.

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(AP) NEW YORK (AP) - Shares of Tesla Motors Inc. gained more than 40 percent in their public trading debut on Tuesday after the electric car manufacturer raised more money than expected in its initial stock offering.
#205333
:thumbup:
$226M in the initial IPO is small change but the growth potential could very well turn that into billions. I'm so jonesing to get back into the market and explore new ventures. Tesla has virtually been the only full manufacturer in this market and imho they will be taken over by one of the big three. Devalued I know compared to the initial investment but a 3/1 or 4/1 stock split would not be so bad. :drink:
#205423
texasmr2 wrote::thumbup:
$226M in the initial IPO is small change but the growth potential could very well turn that into billions. I'm so jonesing to get back into the market and explore new ventures. Tesla has virtually been the only full manufacturer in this market and imho they will be taken over by one of the big three. Devalued I know compared to the initial investment but a 3/1 or 4/1 stock split would not be so bad. :drink:
Toyota likely.
#211736
What's Burning? wrote:Regardless of how you feel about electric cars, this is a good thing for the automotive industry and for our future....
Not if their stock values plummet ...


...which they will ...




...because storage battery propulsion is an obsolete technology.
#211739
Fred_C_Dobbs wrote:
What's Burning? wrote:Regardless of how you feel about electric cars, this is a good thing for the automotive industry and for our future....
Not if their stock values plummet ...


...which they will ...


...because storage battery propulsion is an obsolete technology.
I'll bet ya a hundred and five thousand dollars we run out of oil before we run out of electricity.
#211778
the car itself is utterly pointless though.

it won't be companies like telsa selling the electric cars it will be the main maunfactors

VW and Ferrari have already looked into Hybrid and Kers Cars.

with the japanse brands already well established.

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