Tesla stock

Bloomberg: Tesla Set To Win

Bad news may be on the horizon for Big Oil as electric cars gained traction this past week. Bloomberg reports that “France plans to end the sale of gasoline- and diesel-powered vehicles by 2040” and “Volvo Car Group became the first major manufacturer to say it will start phasing out vehicles powered solely by fossil fuels.” Who’s poised to fill this gas-mobile void? “More than a dozen automakers are jostling to lead the U.S. electric-car race, but Bloomberg New Energy Finance (BNEF) sees a clear winner separating from the pack: Tesla Inc.”

How Far Behind Tesla Is Big Auto? How Long Till It Catches Up?

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.

What Now, Tesla Naysayers?

They said Tesla wouldn’t do it, couldn’t do it. They said Tesla would collapse before the Model S was produced. They said manufacturing inexperience would doom the Model S and destroy the company. They said the Model X was a colossal disaster that would mark the beginning of the end for Tesla. They said the Model X was impossible, a con, a lie, couldn’t be manufactured, wouldn’t function, and would quickly close the Elon era. They were wrong.

Tesla May Win “Monopoly”

Financial investment company Berenberg has completed an analysis of Tesla and concluded its stock, currently priced at about $380 per share, could surge another 30% in the next 12 months. In fact, the analyst team, headed by Alexander Haissl, claims the company could soon have a near monopoly in the market for electric cars.

Tesla To Build 10–20 Gigafactories Around The World As It Scales Up (#ElonTalks)

The 2017 Annual Tesla Shareholder’s Meeting on June 6th blew the lid off of new updates on Model 3, Model Y, and Tesla Semi, while also providing updates on more mundane business matters. One massive update was about the number of Gigafactories Tesla is planning around the world. CEO Elon Musk shared that it is planning for at least 10 Gigafactories, but could build as many as 20.

Tesla Model Y Details Flow Out Of Tesla’s Annual Shareholder Meeting (#ElonTalks)

Tesla held its annual shareholder meeting on June 6th, 2017, at 2:30pm PST. The meeting included a summary of progress to date as well as a look into the future for the company. A key piece of that message focused on Model Y, which was initially planned to be a compact utility vehicle built on the platform for the Model 3. Elon shared that “We made a mistake designing Model X from the Model S platform,” which resulted in it being shoehorned onto a sub-optimized platform that required some concessions.