In order to realize this early goal, Tesla’s ultimate plan is to control every aspect of production and become a fully vertical electric car company. This includes making its batteries in-house.Read more
Musk is betting that he can drive sales and profitability with a new chip that will give Tesla vehicles a full-self-driving (FSD) capabilityRead more
Interestingly, Musk himself may understand how he is hurting Tesla. Elon knows a car guy must takeover – selling Tesla is the best way to achieve that.
Musk will let a car person takeover Tesla because his goal at the company is driving the mass adoption of electric cars not building a brand. Musk only started a car company and built a brand because nobody else was serious about electric cars.
A smarter move would be to use the subway to haul mail, packages, and other air freight downtown from O’Hare. An added service might be hauling airline passengers’ luggage to and from downtown hotels. That might may pay for it; and allow for low-cost passenger service, because freight can subsidize passengers.
Musk needs to add some other lines to his Chicago subway and fast. Smart moves will be a line connecting O’Hare and Midway Airport and lines to Gary, Indiana, Joliet, Illinois, Aurora, Illinois, and Waukegan.
It looks as if Musk might have hit upon a trillion-dollar idea here but it is several years away. Until then, Sirius XM is a pretty good low-priced value investment. Only time will tell if its business model can be rolled out worldwide by SpaceX through Starlink.Read more
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.Read more
Strangely enough Musk’s tunnel is technologically feasible. Hyperloop One is already testing a full-sized Hyperloop in North Las Vegas. It would be a fairly simple; but expensive, matter to bore new tunnels under Washington, New York and Philadelphia – or repurpose some older tunnels.Read more
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.Read more
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.Read more
Musk is between a rock and a hard place here, he needs federal backing for some of his activities; particularly SpaceX. Yet the primary buyers of his cars are wealthy liberals who loathe Donald. J. Trump. Musk may have to make some tough decisions to preserve his companies in the age of Trump.Read more