Is the Tesla Stock Too Good to Be True?
As the primary electric car manufacturer in the world, Tesla Motors is on a mission to show the rest of the world how to save money. With a projected per-share market value of $250 million and a cash balance of $4.5 million, this company has grown into a household name. The story of Elon Musk is not new: when he started his automotive engineering business, he couldn’t even afford a car loan!
However, no one can predict where the electric car market will go. Perhaps at some point it will dry up, as many technology companies have in the past. But the company has so far avoided that fate, even though other companies have had their share of missteps.
Now, it appears the outlook for Tesla Motors will be bullish for the rest of the year. Elon Musk and the team have taken charge. They have brought onboard a few big players from the automotive industry to help make sure they are well prepared to take advantage of new technology. And, they are acting now to manage their company’s future success.
We have seen these guys running Tesla Motors as a company through the five general contractors. They were essentially a bunch of carpenters and car wash workers, who were all brought in to help build the factory and increase the production rate. That’s all changed, as they have been joined by a number of people with an array of professional experience. They are the key to the company’s success.
If these engineers are not in place, there is no way the company can keep its production rate up. Without enough work to do, the car production facility will become unsustainable. These talented people are currently onsite, making sure that all this machinery works properly.
Unfortunately, with many celebrities now seemingly going green, Hollywood is moving away from petroleum. That will change in the near future, and it is not going to be a favorable change for the electric car industry. Some environmentalists have objected to this shift, and they have argued that it will simply benefit the oil industry more than it will the environment.
Ila Cohen is one of the most powerful and well known environmentalists in the world. She is an outspoken critic of the movement to promote renewable sources of energy, which include biofuels and wind power. Ila is also an expert on alternative energy production, including what effect the use of solar panels and other alternative technologies are having on the cost of energy. Those who claim that a lot of money is being made in the green energy sector may be off base.
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