Going Green: Tesla Motors & Ecotality
Hello Fellow Monkeys,
As everyone continues to follow the price of oil and future oil exploration, I am curious to see what you guys have to say about two "green" companies: Tesla Motors and Ecotality. Would you consider these two companies to be a wise "long-term" investment for the future.
Most recently MS analysts came out with a very optimistic report regarding Tesla Motors and the future of the EV market.
Tesla Motors manufactures fully electric (EV) vehicles. Ecotality manufactures electric charging infrastructures.
Opinions?
Here is the Link for MS report:
www.teslamotorsclub.com/attachment.php?attachmentid=1548
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Electric Cars - Why do I hate thee. They're about as green as the energy burned to make them which is, coal nuclear natural gas and oil.
Regarding the cars themselves, a lot of manufacturers with big names are releasing some big things. i can't see the place falling, especially since upmarket sports cars are such a brand thing. highly competitive market and they dont have the cash to compete with the bigger names. Notwithstanding what happens if oil prices drop.
In terms of going green as a solid investment, you'll be amazed what priorities go out the window first for people when times get tough.
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