In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Investors would be well advised to stay away from Toyota; until it can get over its revenue struggles. My take is that Toyota could be setting up for a major fall in share price, because it cannot retain its revenue growth; despite the company’s size.
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Volkswagen’s electric car capabilities now rival those of Tesla, and unlike it Tesla, it has the manufacturing capacity to put these vehicles into production fast if need be. If the diesel scandal increases the demand for electric cars, Volkswagen is already is a good position to meet the demand. Unlike Tesla, it has a dealer network already in place.
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One result of a hyperloop would be a sort of economic boom in areas with lots of cheap housing that is in fairly close proximity to expensive urban areas. Another would be a fall in housing prices in areas where there are currently shortages that lead to high priced housing.
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Traditional solutions to income inequality, such as minimum wage increases, unionization, tariffs, and confiscatory taxes, will become increasingly ineffective.
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That means GM will have to get the base price of an electric vehicle down to around $25,000 to be competitive in the ridesharing market. If it did that, General Motors could become the market leader based on fuel economy alone.
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The most interesting thing about the Bolt is its basic design: it can seat five, it has a lot of cargo space and the hatchback will make it is easy to load and unload. From that description, it sounds as if the Bolt is the first vehicle designed specifically for ride and car sharing.
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Nor was Chesapeake alone in growing revenues. EOG Resources (NYSE: EOG) reported a TTM revenue of $13.75 billion in September 2013 that grew to $17.14 billion in September 2014, another increase of nearly $4 billion. Devon Energy (NYSE: DVN) reported an even bigger increase. Its TTM revenue grew from $10.35 billion in September 2013 to $16.2 billion in September 2014, an increase of nearly $6 billion.
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The Superchargers seem to violate one of the basic rules of business and investment as outlined by Benjamin Graham: Don’t lose money! Graham, as value investors know, once famously said that “don’t lose money” was Rule #1 for investors; Rule #2 was see Rule #1. The Superchargers don’t make money—they cost money—and the disturbing thing is that they could make money.
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Mr. Musk has some real explaining to do about the Superchargers. How is constructing infrastructure that does not seem to generate any revenue and costs money to operate supposed to help his company? Investors deserve some answers here, Elon.
Read MoreThe Mirai, which will go on sale in the U.S. next year, will cost between $57,500 and $69,000 depending on the news source you believe, which is quite a bit cheaper than Tesla, where prices start at $101,000. It sounds as if Toyota’s no-emission vehicle is already cheaper than Tesla’s, and it could get cheaper.
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