$TSLA - I think Tesla Motors may have a tough time selling electric cars when gas prices are falling. It was tough enough with the steep price tag, as the difference in price between a TSLA and a conventional car will buy a lot of gasoline!
I finally did see one Tesla on a Sacramento freeway during commute time. Other than that, I only see them on TV. I did also see one inside the local Red Hawk Casino as part of a "win this car" promotional drawing. They are nice looking cars.
But I'm not sure most folks are ready for all-electric cars. Financially, they're not feasible for folks who want a car that takes them to and from work during the weekdays, but will also take them on a 6-hour drive on the weekend. Battery technology has improved, but it would be nice if the charge lasted longer and there were rapid-charging facilities along the highways.
Someday, maybe.
But then that's when Toyota comes out with their electric car - for much less!
Just thinking out loud…
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Will Cheaper Oil Burn Tesla?
Anthony Mirhaydari
Fiscal Times - Fiscal Times - Wednesday, December 3, 2014
Some things are simply immutable. It doesn't matter how much we wish things were different. Or how h...
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