Investing is sort of always kind of supposed to be about the future, right? The challenge that has faced many an investor is that the future can be hard to predict. As it turns out, that leads much of the investment community to look at the past and extrapolate forward.
We’re now announcing the plan for June 27, which involves some social networking, good food, and an EV charging walking tour that involves a “scathing critique” of EV charging stations, cleantech communications, and branding. Here’s the schedule:
Those of us who only dimly remember our college days may have an outdated view of what it means to be an intern. Days of tedious trips to the copy machine for no pay? Not in today’s Silicon Valley. According to the web site Glassdoor, interns at Tesla make a median monthly pay of $4,480, and SpaceX interns make $4,080.
Everybody seems to be piling on the poor oil barons these days. Just as Tony Seba’s latest paper predicting the doom of the industry is making the rounds, a new book explains their predicament from an even more Tesla-centric perspective.
Anyone who’d like a little deeper understanding of the workings of an electric powertrain, without going to school for engineering, would do well to watch “How does an Electric Car work?”
Hong Kong has become the latest Tesla hotspot. Of all the cars sold in the territory last year, nearly 7% were Teslas, according to Bloomberg. The brand totally dominates Hong Kong’s electric vehicle market – 87% of electric vehicles [EVs] sold there in Q4 2016 were Teslas.
The California carmaker is leading the pack when it comes to battery cost reductions and charging capabilities. It also has set by far the most aggressive goals for selling more EVs in the years ahead.
This new video isn’t the first time Marc Tarpenning has recounted the birth of Tesla (he and his erstwhile partner Martin Eberhard delivered a fascinating account in a speech at Stanford last October), but this is as concise and engaging a version as we’ve seen yet.
It may seem absurd to put Tesla ahead of Big Auto, but by many standards, Tesla seems to be far ahead. You don’t have to take my word for it — Tesla [TSLA] is now the most valuable US car company, recently surpassing GM and Ford in market cap, and there’s a reason or 10 why the investment community on the whole sees Tesla as a more valuable company despite drastically lower annual production/sales output.
This article isn’t about proving that Tesla’s ahead, though. It’s actually a genuine, open-minded search for how long it’ll take Big Auto to catch up to Tesla … if it ever can. One widely held assumption is that large automakers can turn on a dime and crush Tesla at its own game “once the time is right.” That’s not true.
Renowned mutual fund manager and investment icon Ron Baron of Baron Capital is well-known for his conservative, long-term approach to stock picking. He’s been compared to Warren Buffett (both for his investing style and outstanding track record) and has said that Tesla “may be the most interesting” company he’s ever invested in over his 46 year career.
