Tesla Motors Inc (TSLA) Reports Smashing Earnings

After hours stock up 14% and still going up

 

So have you put your name on the list, John?

 

I think many of us are using the Volt/PiP as 'bike with training wheels' when it comes to EV, because I have talked to many people (including myself heh) who would love to dump their existing vehicle and go all out by buying a LEAF/RAV4EV/Tesla. There are so many EVs on the market now, there is plenty of choice, plus many families have a 2nd car, so you don't have to give up ICE completely, just keep it as a backup for when you do need to haul something, or need that range.

Tesla is on to something, obviously, that stock is going to keep going up, at least until one of the other manufacturers gets it right, and launches an EV, with the right features, at an affordable price.

 

Tesla Makes Money On Model S: $35K Per Car Selling ZEV Credits?

 

This is business ingenuity and one way to keep a manufacturing plant afloat in this so difficult times. I want Tesla to keep developing and manufacturing electric vehicles and fast chargers and foremost, keep employing american hands to produce their goods.

 

Exactly, Tesla needs to be able to sell directly to consumers.

 

I think they are off by quite a bit.
In the first quarter ZEV credits were worth 68 Million dollars to other car companies. This was 12% of there revenues for the quarter.

Tesla's guidance is that this number will decrease and be zero by the end of the year.
They produced 4900 vehicles in the first quarter, which is about $14,000/vehicle.

 

$35,000 per car seems high!

Tesla Surges After Posting Profit; Value Exceeds Fiat’s - Bloomberg
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