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Wednesday, April 26, 2017 1:49:34 PM
A surprising number of Teslas owners have had CEO Elon Musk personally sign their bumper in permanent ink. When was the last time you saw a Mercedes-Benz signed by CEO Deiter Zeist? They have big parties when groups of new owners pick up their cars. Tesla's are not just electric and very fast, but they "drive themselves" even though they shouldn't yet. Tesla is not a 'car' it's an entirely different product to these owners.
I see Teslas on the road everywhere here in Los Angeles, and on the freeway to the San Francisco Bay area and in the east bay where my parents live. I'm sure I wouldn't see that in any other place in the world.
Teslas tend to be purchased by a very loyal group of followers with a lot of money who could have easily bought a Bentley instead and put a chunk of their investment money in Tesla for the same emotional reasons. Tesla is like Amway or Herbalife. Tesla stock could be priced at zero tomorrow and few of these people would feel pain or discomfort.
Neither Barack Obama or Hillary Clinton ever purchased a Tesla or have any connection to the company. In California, Washington DC and Chicago may as well be on a different planet - more Californians have been to Europe than to those distant and uninteresting American cities. I'm one of a very small minority of Californians who has been to Washington DC. If it ever comes up in conversation I hear things like "Oh? Why did you go there? Was it for work?"
Elon Musk is drilling a traffic tunnel under his properties from the LAX airport to his his SpaceX rocket division so he can avoid traffic when he comes to Los Angeles.
At some point Musk will make a defective car or won't be able to keep up with other auto makers, but until that time Tesla is not an investment judged by sales or profits, it's a popularity vote.
To help you understand what's going on, here's a map of where US GDP is generated. Those two green towers in California, Los Angeles and Silicon Valley are what Tesla is all about. In Manhattan there are only more Tesla autos than there are gas stations - so they have a long way to go to catch up with California.
I see Teslas on the road everywhere here in Los Angeles, and on the freeway to the San Francisco Bay area and in the east bay where my parents live. I'm sure I wouldn't see that in any other place in the world.
Teslas tend to be purchased by a very loyal group of followers with a lot of money who could have easily bought a Bentley instead and put a chunk of their investment money in Tesla for the same emotional reasons. Tesla is like Amway or Herbalife. Tesla stock could be priced at zero tomorrow and few of these people would feel pain or discomfort.
Neither Barack Obama or Hillary Clinton ever purchased a Tesla or have any connection to the company. In California, Washington DC and Chicago may as well be on a different planet - more Californians have been to Europe than to those distant and uninteresting American cities. I'm one of a very small minority of Californians who has been to Washington DC. If it ever comes up in conversation I hear things like "Oh? Why did you go there? Was it for work?"
Elon Musk is drilling a traffic tunnel under his properties from the LAX airport to his his SpaceX rocket division so he can avoid traffic when he comes to Los Angeles.
At some point Musk will make a defective car or won't be able to keep up with other auto makers, but until that time Tesla is not an investment judged by sales or profits, it's a popularity vote.
To help you understand what's going on, here's a map of where US GDP is generated. Those two green towers in California, Los Angeles and Silicon Valley are what Tesla is all about. In Manhattan there are only more Tesla autos than there are gas stations - so they have a long way to go to catch up with California.
We've run out of other people's Social Security taxes needed to subsidize our low income tax rates.
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