I have to hand it Elon Musk he took my sage advice and
applied it to beat the folks who are shorting his stock.
Remember I said Tesla should increase the price of its cars,
never make the 40 kwh people’s car, and raise equity and pay off the DOE loans
so the company is not shackled with the government telling them to produce
cheap EVs. Tesla is the Electric Ferrari
and should price itself like an electric Bugatti.
Each car should now be priced at $130,000 and they will
still sell 20,000 cars worldwide. The
car is gangrene and not green due to the massive amount of primary electricity
needed to produce the battery pack that needs to be very large to give the car
any real range. At 22 MPG equivalent
based on real thermodynamic analysis and not the poppy cock from the US EPA the
Model S has similar fuel inefficiency to the Porsche Panamera that it directly competes with.
The diesel Panamera is greener than the model S but who
really cares when one spends over $100k for a performance car that is for the
1%. The pretend green guys who buy a Tesla
really want that zero to sixty acceleration in under 4 seconds.
The DOE will likely get their money back from Tesla before
the end of the month when Tesla does it latest stock and bond offering of
almost a billion dollars.
The DOE will claim success in having launched Tesla and say
they helped America lead the world in EVs.
Little will they say the car is gangrene, inefficient, expensive, and
simply for the 1%. Elon will continue
to claim he is green and that the Tesla saves carbon emissions when we all know
that it does not. Elon can claim he beat
out the equally greedy shorts and that he won in keeping his Teslacle from
falling by pulling off a “profit” in the first quarter in order to raise the $1
billion to keep the company afloat.
The new investors who buy into Tesla are true believers in
Elon and the profitable future of the EV company. I believe
Tesla will never deliver a car for less than $50,000 that will go into a mass
market unless of course Tesla starts selling cars with internal combustion
engines that are in fact greener than the Model S. Who knows maybe Tesla will get another $500
million from the DOE sometime in the future by fessing up that the EV is
gangrene and they have a better alternative for a propulsion system
I have to applaud the Musketeer for having beat off the
greedy shorts who took it in their shorts.
Round one to Elon but making cars is a ten round prize fight.
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