This story is about Tesla’s moats, but I don’t mean to imply that Buffett would invest in Tesla. Tesla is far from the value investments of the Berkshire Hathaway portfolio. Rather, Buffett’s comments are to demonstrate the importance of moats. Morningstar even has a guide called Why Moats Matter. Understanding the moats a business employs is clearly important to understanding the business and its future.
Some people seem to be born with a particularly adventurous, exploratory gene. I get the sense my colleague Tomek Gać, another Tesla Shuttle co-founder, is one of those people.
Today the Danish Ministry of Energy, Utilities and Climate has launched its energy initiative called “Energy — for a green Denmark” which is meant to support the goal of at least 50% of the country’s energy consumption to be supplied by renewable energy sources by 2030.
I jest, but when a moderator joked that someone had suggested California, Oregon, and Washington secede and become a separate country, everyone had a good, happy laugh. The topic of this year’s LABC Sustainability Summit was: Regional Solutions for an Inclusive, Clean Economy. By inclusive, I thought they meant inclusive of all income brackets.
The official numbers are now in and more than 38 million shares of Tesla (Nasdaq: TSLA) were in the hands of short sellers as of April 13, 2018. That’s a whopping 10 million shares picked up by shorts in just one month’s time and a strong indication that TSLA short interest topped 40 million shares later in the month. To put the numbers in perspective, TSLA shares held by shorts during the past 12 months have previously ranged from 27 million shares to a bit over 31 million. Even with those lower numbers, TSLA managed to sometimes hold the title of the most shorted stock in the USA! Above 38 million shares, though, that means that more than 30% of Tesla’s tradable shares are in the hands of entities that are betting the stock will lose value. The track record of those who bet against Elon Musk is not good, particularly when the number of shares sold short reaches such epic heights.
Eco-conscious habits across generations are growing, and each of us has the potential to do more to reduce our carbon footprint.
After installing more than 52 gigawatts (GW) worth of new capacity in 2017, the global wind energy industry is set for several years of strong and continued growth, according to a new report published this week by the Global Wind Energy Council.
Waymo and Tesla are approaching AV tech from different directions. But will other companies win the autonomous driving sweepstakes?
Frustrated with incumbent utility Alliant Energy for high costs and resistance to local renewable energy, the city council in Decorah, IA, has put a municipal utility takeover on the ballot on May 1, 2018.
The Hawaii public utilities commission is considering new performance-based rules that will encourage utility companies to focus more on efficiency and investments in renewable energy.
