Ron Baron is a legend in the investing world — his eponymous fund group has about $30 billion under management. Baron recently gave a meaty interview about Tesla to CNBC. There’s a lot of interesting material here, beyond Baron’s headline prediction that Tesla could earn a trillion dollars in revenue in 2030.
The 20 most popular CleanTechnica articles in October are listed below. Before running through the list, though, I’ll summarize a few key groupings.
We are very excited to be able to tell you that while this month started out not that well, the last few weeks totally made up for that and the results show it. We would very much like to thank Maye Musk for retweeting our reports and calling out the most negative, sad, biased authors. While we can’t be sure what helped the most, we believe that the actions of Maye Musk and the times Elon Musk liked and commented on the reports have slowly helped bring some of the mainstream media back to their senses over the last two months.
Our good friend and great source for all things Tesla in China, Mr. Vincent, has shared news that Tesla Model 3 delivery estimates for China have started rolling out.
Brad Cornell teaches financial economics at Caltech. He also happens to manage a hedge fund. And when it comes to Tesla, he’s by no means a bull. He still believes Tesla is overvalued. However, much like short-seller Andrew Left, he’s becoming disillusioned with EV efforts from legacy automakers.
The most popular articles of the past week on CleanTechnica included another great total cost of ownership (TCO) comparison between the Tesla Model 3 and some very popular cars, consumer demand levers Tesla could pull if it needed to stimulate more demand, an exploration of Tesla’s focus and mission beyond being a carmaker, electric bike fatalities and injuries rising, and more.
There have been a handful of particularly loud Tesla bears or critics over the past several years. One of those people, Andrew Left of Citron Research, recently made a U-turn in his position on Tesla (citing 4 CleanTechnica charts of Tesla sales along the way).
Another one is Jim Chanos, who we’ll probably address again before long, and another is Mark Spiegel. Like Chanos, Spiegel gets put on major TV shows frequently for his “expertise” on Tesla. But if you look at Spiegel’s historical record on Tesla, it’s really bad — really, really bad.
Sales of cars with electric motors accounted for more than 7% of BMW sales in the US in October. That’s good but down from last year. The Chevy Bolt and Nissan LEAF are limping along. The big news is the Tesla Model 3, which is taking America by storm.
There’s no secret about it in the electric car world — Norway is the world’s premier country for viewing the electric revolution. Norwegians are also eagerly waiting for all the hot new electric models, to the tune of 400 million Norwegian kroner (or $47.7 million).
USA Today says the Tesla Model 3 is the hottest selling car in the US. Its rankings are subjective but they still have important things to say about the EV revolution.
