Manufacturing

Turkey Jumps Into The EV Market

Turkey jumps into the EV market by unveiling its first “fully” domestically made electric vehicle, with goals of producing up to 175,000 EVs a year. This will cost around $3.7 billion over the next 13 years. This is refreshing to see — another country getting more serious about electric vehicles.

On A Personal Note

Editor’s Note: Alex sent along the letter below a couple of weeks ago. He let us know about the big shift noted here and that he’d be publishing the letter on Patreon on December 15. I decided to let his letter stand alone on his page initially and then republish it here a week later. So, here it now is!

“Prognostications of Tesla’s doom have gone from concerning, to annoying, to boring, to pathetic”

I honestly don’t know why, but I find the Tesla short seller story to be one of the most fascinating stories in cleantech, or at least I did. At times in the past couple of years, Tesla [TSLA] has been the most shorted stock on the US stock market, and it seems Tesla short sellers (stock market traders betting against the company) have certainly gotten more press than short sellers of any other company. I think that is part of why it’s been such a fascinating story — because so much money has been betting against Tesla, and those Tesla pessimists have been dominating or at least greatly shaping media coverage of the company.