Earlier this month, I shared with you a quote from Arnoud Balhuizen, chief commercial officer of BHP Billiton, the largest mining company in the world. In a September interview with Reuters, Balhuizen called 2017 the “revolution year [for electric vehicles], and copper is the metal of the future.”
From Jon Markman: It’s crazy. Elon Musk has built a semi truck that can accelerate from 0-60 mph in 20 seconds while hauling a 40-ton load.
From Tony Sagami: Most of the investment news you’ve been reading no doubt has a bullish bias. And the reason is quite simple: Greed sells. Moreover, pessimists on Wall Street are harder to find than needles in a haystack.
From Tyler Durden: As Tesla falls further and further behind in its quest to produce 10,000 Model 3 sedans a week by the end of next year, WSJ reported Sunday that, after months of talks with local government officials, Tesla has finally received permission to open a factory in Shanghai, one of China’s designated “free trade zones.”
From Sean Brodrick: For weeks now, I’ve been telling you how we have a supercycle in energy metals. This is fed by the electric car megatrend.
From John Isaacson: How would you value a company that lost $666.6 million in the first half of 2017 … burns $2.0 billion in cash a year … and just sold $1.5 billion in junk bonds to fund operations?
From Chris Kimble: Tesla Inc (NASDAQ:TSLA) has been white hot this year, influencing the Nasdaq and broad markets in a positive way. The rally took Tesla to a key Fibonacci level of late, where it stopped on a dime and headed south fast.
From Corey Rosenbloom: Tesla Inc (NASDAQ:TSLA) shares plunged this week, collapsing from the $380+ peak toward the $300 level.
From Zacks: Tesla (TSLA – Free Report) is on a tear — up more than 75% this year. And, lithium metal and the lithium ETF are enjoying the Tesla effect as mass production of lithium ion batteries at Tesla’s Gigafactory picks up.
From Jon Markman: Mark Fields is out as the top man at Ford (F). Conventional wisdom puts the blame somewhere in the vicinity of Elon Musk, CEO at Tesla (TSLA). Don’t believe it.
From Jon Markman: Elon Musk is obsessed with speed. From rockets to hyperloops to electric cars, fast is kind of his thing.
From Tyler Durden: Last June, when Tesla unexpectedly announced it would acquire the cash burning behemoth that was SolarCity, which at the time was run by Lyndon Rive, a cousin of Elon Musk, many quickly alleged the transaction was nothing short of a less than “arm’s length” bailout by Musk of both SolarCity and Rive.
Tesla Inc (NASDAQ:TSLA) on Monday said it double the size of its vehicle charging network this year, as it seeks to provide owners with more convenient locations to charge their electric vehicles.
From Tyler Durden: The much anticipated Tesla Model 3 has yet to be released, and already a groundswell of electric car competition is forming to challenge Elon Musk’s upcoming offering.
From Jon Markman: Tesla Inc (TSLA) is suddenly more valuable than Ford (F) and General Motors (GM). And longtime bears are losing their minds.