See The World, Buy A Tesla
Tesla cars are still hard to get and hard to find, but it’s not for a lack of international distribution. Soon, it will be easier to buy a Tesla out of the country than in the country. From April to June, Tesla Motors opened showrooms in Copenhagen and two other parts of the world, reports The Nikkei [sub] By the end of the year it plans to open three more showrooms in Tokyo, Paris and Milan.
Bertel Schmitt comes back to journalism after taking a 35 year break in advertising and marketing. He ran and owned advertising agencies in Duesseldorf, Germany, and New York City. Volkswagen A.G. was Bertel's most important corporate account. Schmitt's advertising and marketing career touched many corners of the industry with a special focus on automotive products and services. Since 2004, he lives in Japan and China with his wife <a href="http://www.tomokoandbertel.com"> Tomoko </a>. Bertel Schmitt is a founding board member of the <a href="http://www.offshoresuperseries.com"> Offshore Super Series </a>, an American offshore powerboat racing organization. He is co-owner of the racing team Typhoon.
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Based on my visit there last November, I can certify that Tesla had a nice dealership in a swanky part of Monte Carlo/Monaco, and in the parking garage under the park near the Grand Casion, there was a parking spot (maybe more) with power-supply reserved for plug-in cars, and the spot was occupied by ... wait for it ... a Tesla!
These stores should have a sign in front that says "American tax dollars at work."
Its been 7 years since the company has been loosing money. ZEV credit income will decrease significantly as other car makers start EV production. U.S investor confidence is down the drain. spedning down. deficit up. unemployment up. etc... IPO saw the stock soar and shortly after free-fall. Some day-traders have made hundreds of thousands on this thing other have lost more. Whats my point? This stock will continue to drop below the IPO price (it currently sits at 17.58 and the IPO was 17). becasue that is the obviouse trend as Dow sheds a few more points. But, be sure, Tesla will not go away quietly... Infact I think the next decade will see the Tesla dream come true witha roar: Elon Musk is a winner, and a genius (read: SpaceX). Their technology is superior (read: charge life 254 miles, 1st in Alternative energy race). Their designs are modern and attractive. Their line of credit is deep (Musk, U.S taxpayer, toyota etc...) Their Brand is already international. Their R&D costs are surprisingly low. Their new facility in Freemont is state-of-the-art. Obama wants to put millions of EVs on the road in the next 5 years... Peak oil is. There is much more to be said... Im hoping for this stock to drop to 15$ when it does I will snap up as much as I can risk in my portfolio because I see a real winner here.. if they execute the sedan properly, by 2015 I would give it a target of $75. (if they dont get bought out by toyota before) --just a kid--