Pop Quiz: Quick, What's Wrong With This Story -- September 7, 2020

I almost got sucked into this story. 

Pop quiz, quick: tell me what's wrong with this story. Here's the nub of the story. What's wrong with this?

He notes that the stock price is implying anywhere from a 40% to 110% market share based upon the average selling price. At its current average selling price of $57,000 and assuming 10.9 million car sales by 2030, that implies 42% market share, Trainer says. Tesla trades at 159 times forward earnings.

My answer tomorrow, if I don't forget. We've talked about it before. In fact, we've mentioned it numerous times on the blog.

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"Green" Hydrogen

Link to Irina Slav.

How it works:

• wind and solar renewable energy to provide electricity...
• electricity carried down transmission lines to hydrolysis centers ....
• electricity carried down transmission lines to pumping stations ...
  
• water pumped from source to hydrolysis centers 
• hydrolyze water ...
• electricity sent down transmission lines ...
• electricity powers EVs

Or:

• crude oil...
• refined ...
• product powers ICEs