How is Musk Paying for the Tesla Semi?

Another good question to ask is does Tesla have the money to build the electric semi? The financial report’s answer is no, no, and no.

Tesla is burning cash like crazy and there seems to be no end in sight. The financial numbers also tell us where Musk got the money to finance the semi project from, he borrowed it.

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Tesla Raises Wages 30% in Germany, Plans China Factory and German AI Research

Musk got an education on how German labor relations and industry work. You cannot just fire workers that talk about unions in Germany as you can in the U.S. Instead you actually have to talk to the union, something that must grate on an egomaniac like Elon.

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SpaceX and Tesla Test Hyperloop Vehicle at 220 Miles per Hour

One has to wonder what will happen when the other two companies with test tracks Hyperloop Transportation Technologies (HTT) and Hardt Global start testing their systems. Hardt has a high-speed Hyperloop test track at the Technical University of Delft in the Netherlands. HTT is building a test track and a passenger pod in Toulouse, France.

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Saudi Aramco has Good News for Elon Musk and Oil Companies

A long term threat to oil companies is electric cars. They’re coming fast and not just from Tesla, Seeking Alpha contributor Anton Wahlman calculated that 143 electric vehicles are scheduled to hit the roads by 2022.

The big year for electrics will be 2022 when 115 electric models are scheduled for rollout. Although there might not be market for those vehicles the biggest electric producer; Tesla Motors (NASDAQ: TSLA) has yet to sell 100,000 cars although that might happen this year.

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Is Cummins Making Money?

That makes Cummins a great way of hedging for the advent of electric vehicles (EVs). If EVs come Cummins will make a lot of money providing the powertrains for them, if they do not it still has a lucrative diesel business to fall back upon. Persons that want to make a bet on electric vehicles should ignore the money losing Tesla and invest in Cummins instead.

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Is Tesla Energy Really a Threat to Utilities?

The danger to electric utilities is that they are in a technology intensive business – energy production. The events of the last few decades have proven that such businesses can be completely disrupted by new technology and safe streams of income quickly destroyed.

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Is Tata Motors Making Money?

Even without the dividend, Tata might be undervalued. It had a market capitalization of $25.35 billion and an enterprise value of $28.644 billion on June 2, 2017, meaning that there might be room for growth here.

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Uber Goes Trucking

The challenges would be worth it if Uber were able to build a consolidated logistics and delivery platform. Profits would be vast if Uber Freight can be integrated with Uber Delivery.

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Is Tesla a Threat to Utilities?

If Musk’s plan works out utility stocks might no longer be a good long term investment. Don’t sell utilities just yet, but keep the Solar Roof in mind when you do your long term portfolio planning. It just might make utilities, coal and natural a lot less valuable in the near future.

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Musk is Planning Several New Tesla Models

Elon Musk is trying to disrupt the entire auto business and build a major industrial empire in the process. Even if he fails the results will be spectacular.

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