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Tesla Is An Innovative Company For Innovative Investors In 2017

Posted last February 3, 2017, 11:13 am in Autos report article

Tesla have never done things the normal way. For starters their first product was an expensive sports car that noone would realistically buy in any number. It planned a unique business plan that would end in the ultimate goal of making a mass produced car. Most car companies go the other way. Usually once they are selling cars can they then think about investing in a high performance model. Instead Tesla worked backwards building a trust and excitement for the brang.

CEO Elon Musk has ploughed billions into his various projects. Tesla has to come good eventually for him recoup the investment let alone earn enough to rocket himself into being one of the 
richest people in the world.

This make or break car will be arriving sometime this year and is joined by a new massive merger with a solar power provider worth $2.6bn. Tesla are also planning a giant factory to produce its own batteries. Whether we like it or not the age of the combustion engine is over and Tesla are roaring into the lead to provide and alternative. A main company policy is to provide chargers in locations all over the globe so their cars never get stuck.

Battery consumption across the world is expanding and 
Tesla's gigafactory will bprovide a huge chunk of the storage. A tour and continued excitmenet has raised the stocks of Tesla but that will be nothing compared to when the building is finished. 

Tesla is not just all about cars though. A presentation in 2016 showed Musk working towards creating efficient solar panel that are built like roof tiles, meaning you can make power without worrying about aesthetics. They are alos providing domestic and commercial batteries with Tesla’s Powerwall 2 battery offers a competitive pricing advantage on a per kilowatt basis.

The biggest news for stock owners will be the news that Tesla batteries are being used on a national level by state governors, firstly California who want a substation of batteries to cover electrical dropout in southern California. If this becomes a trend then the prospect of government contracts could be groundbreaking for Musk and Tesla.

The plain fact is that this is the way the world is going. Tesla are at the forefront of this and with their first affordable car ($35k) coming at the end of 2017 we will likely see a dramatic rise in stock price. Only an ignorant ignore can ignore the call for 'green' investing now, especially in 2017 .