Tesla unplugged?

Bark M. figures that in a year’s time, there won’t be any more muskrats to guard Elon Musk:

The Emperor’s New Clothes are starting to fall off. Sales numbers don’t match registrations. Oil prices are artificially low. Even in peak selling conditions, Tesla couldn’t make the inroads they wanted — how will they do it when oil is hovering around $55 a barrel? Elon Musk had the cards stacked his way, but he couldn’t capitalize. The party is likely over for Tesla by the end of the year — and likely in a sale to an unlikely buyer (Apple? Google?).

Actually, those buyers seem relatively likely, if only because they could pay for the automaker out of petty cash. “Unlikely” would be, say, BlackBerry, whose financial state is such that they can order either corn or flour tortillas, but not both.

Besides, a major contributor to Tesla’s bottom line is the trading of ZEV credits, and they can’t last forever, even in California.





3 comments

  1. McGehee »

    1 January 2015 · 7:19 pm

    Given the price tag on the car, it’s reasonable to suppose the price of gas was never a factor.

  2. CGHill »

    1 January 2015 · 8:38 pm

    Except for propaganda purposes, anyway. (Then again, one of my bêtes noires of late is the yahoo who bought a used Teutonic sled and wants to know the consequences for running it on regular gas.)

  3. Tatyana »

    2 January 2015 · 10:51 am

    That’s what I have been telling’ya: E.M. is a government-sponsored crook.

    As to artificiality of low oil prices: not true.

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