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Electric Cars
#5
Love this thread. "The rest" US companies anyway, are indeed playing catch up on technology. What they are not playing catch up on is profit on an annual basis, consistent free cash flow to pay a large dividend, and other things that matter to an investor. TSLA got by with 15 years of hopes and dreams, which may be working out. F and GM are stodgy old companies burdened with huge pension debt and the requirement to pay an above average dividend.

I do think TSLA will be a profitable company going forward. EV is here to stay IMO. I don't think they will single handedly drive any major ICE company out of business. Not even one. Sub $2.50 gasoline is a major hurdle. It's been awhile since the last time I paid over $2.50, and I don't think my local Berkshire owned utility could come close to powering us up most days if everyone here owned an EV.
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Messages In This Thread
Electric Cars - by Ron Ricco - 02-10-2020, 08:08 AM
RE: Electric Cars - by fenders53 - 02-10-2020, 09:29 AM
RE: Electric Cars - by crimsonghost747 - 02-10-2020, 12:50 PM
RE: Electric Cars - by Ron Ricco - 02-11-2020, 08:55 AM
RE: Electric Cars - by fenders53 - 02-11-2020, 09:23 AM
RE: Electric Cars - by crimsonghost747 - 02-11-2020, 09:35 PM
RE: Electric Cars - by fenders53 - 02-12-2020, 12:31 AM
RE: Electric Cars - by Ron Ricco - 02-12-2020, 08:13 AM
RE: Electric Cars - by crimsonghost747 - 02-12-2020, 12:37 PM
RE: Electric Cars - by Ron Ricco - 02-12-2020, 02:51 PM



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