Re: Tesla to cut thousands of jobs as Elon Musk warns the ‘road ahead is very difficu3 weeks ago
Sweet! Diesel engines on NG rock.
Ya almost have to wonder why they didn't pass the legislation for immediate effect.... Interesting, non?
Have you seen a shift of short haul vehicles to NG or to electric recently?
Tesla Short Interest Set to Hit $20 Billion
Tesla Inc.’s skeptics are undeterred by Elon Musk poking fun at them over the carmaker’s stock surge, with the amount of shares being sold short heading for a milestone.
The Model 3 maker’s stock is poised to be the first to hit a short-interest level of $20 billion, according to research firm S3 Partners. The value of shares that have been sold short has climbed recently to $19.95 billion.
S3 said in a report Thursday that both Tesla and Nikola Corp. shares look like candidates for a short squeeze, referring to when short sellers are forced by a stock’s gain to close their position, which in turn drives the price even higher.
Tesla’s squeeze is more obvious -- its 233% gain this year likely is forcing out short sellers who’ve hit their limit for losses. The potential for a squeeze in Nikola, which is developing fuel-cell and battery-electric semi trucks, has more to do with high borrowing fees, S3 said.
oh, and eliminate the dealerships and the salesmen.
State of Michigan trying to ban EV makers (especially Tesla) from operating in their state.
“Motor Vehicle Franchise Act” was created specifically to block Tesla from doing business there, an obvious favor to the dealerships.'
Yes. Those dealerships. They like their jobs but they are not part of the Tesla future.
I only wish Tesla would get into housing and start developing neighborhoods with no brokers or salesmen.
People have been busily unwrapping the new battery pack news, scant as it has been. What we know is that they have significantly changed the basic construction to remove the so-called "snake" in favor of two plates to which batteries are connected directly reducing the polar moment of inertia.
The speculation is that charging times for this pack - which is currently only meant for the semi the truck and the model S plaid - have been reduced to 15 minutes for 10-80% - the standard filler up level and 7 minutes to 50% which represents about 90% of charges.
It will cost you 7 minutes to charge this battery pack to 50% which should be somewhere in the neighborhood of 400kms.
Quite a leap forward for a company already widely reputed to be 10 years ahead of the competition.