Tesla Motors And The Lithium Boom

[Taco]

I find it interesting Tesla Motors loses $4000 on every electric car they sell and their share price is still $218/share. Who's going to buy an electric car when the price of oil is $48/barrel? These valuations don't make any sense. It leads me to believe that oil will become so scarce in America it will not be used as a fuel for much longer.

Why The Lithium Boom Is Still In Its Early Stages
http://oilprice.com/Energy/Energy-Gener ... +Update%29

Tesla burns cash, loses more than $4,000 on every car sold
http://www.reuters.com/article/us-tesla ... DC20150810

[youtube]http://www.youtube.com/watch?v=LpaLgF1uLB8[/youtube]

It helps explain why Texas billionaire, T. Boon Pickens got out of the oil business and invested in wind mills eight years ago.

[youtube]http://www.youtube.com/watch?v=wJ9XqAfPxd8[/youtube]

[momopi]

There are 373,000 yuppies willing to plunk $35k a pop on model 3's:
http://www.autoblog.com/2016/05/19/tesl ... er-report/

With plug in electric vehicles you get to drive in carpool lanes here. But if I were to buy, I would get a hybrid.

[Taco]