In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
These figures gave Tesla; which produced 83,922 vehicles and delivered 76,230 cars and SUVs in 2016 according to CleanTechnica, an “Enterprise Value” of $58.58 billion on 6 December 5, 2017. Meanwhile Tata; which shipped 554,401 vehicles from just one subsidiary in 2016, had an enterprise value of $26.33 billion.
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The Union Pacific has a pretty bright future because it owns four rail lines that connect the Great Plains to the West Coast.
They include the original transcontinental rail line from Omaha, Nebraska to Oakland, California and the Southern Pacific line from Los Angeles to Houston. Shorter routes include the line from Salt Lake City to Los Angeles, and the Oregon shortcut from Pocatello, Idaho, to Portland, Oregon, and Seattle. Other key routes include a line from El Paso to Chicago, the line from Houston to Chicago, and the line from Denver to Salt Lake City.
These tracks put the Union Pacific in a great position to cash in on all the raw materials shipped from the West and Midwest to Pacific and Gulf Coast Ports. It is also in a good position to haul all the consumer goods shipped from China to U.S. ports.
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If Fedderson’s claims are true recharging just one Tesla Semi would require more electricity than a town the size of Leadville, Colorado. Leadville had an estimated population of 2,693 people in 2016.
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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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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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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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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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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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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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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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