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Monday, June 3, 2013

GM To Build A New Car Running On Special Grade Of Gasoline; Will Build Out Gasoline Stations Across The US; Only Allow GM Cars To Use These Gas Stations

That's not true of course.

But that's what Tesla is proposing to do: build out an infrastructure to recharge its automobiles AND not allow any other EVs to use their recharging stations.

SeekingAlpha had this to say about that.
What will be a surprise coming from last week's announcement is that investors will eventually realize that Tesla's SuperCharger infrastructure build-out is going to be SuperExpensive when analysts rework their models to account for ALL costs associated with providing "free" charge-ups and building the network to make it viable. 
Not only is TSLA currently a car manufacturer, but they are now becoming an "infrastructure builder." Smart money may have been quick to realize the foregoing new cost concerns. After the Supercharger announcement on Thursday (5/30/13), the stock reacted in classic "buy the rumor, sell the news" style. The stock lost $7.17 to close at $97.76 - a 6.85% loss on Friday. Selling spiraled downward shortly after the buzz died down from Elon Musk's morning interview on CNBC to further market his Supercharger concept to the masses.

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