Plug Power Inc (PLUG)

[uksausage]

IF TSLA has purchased fuel cell powered fork lifts or intends to for the current or facility or the new giga battery plant (location not yet announced) then the order will be so small it will be insignificant to PLUG's business.

How many fork lifts do modern automated factories need? One or two at goods in a couple to move parts to the machine to put them in a car most things are delivered to stations by conveyor belts.

Any big deal will be covering multiple locations (like Walmart 6 DC's), hence VW wasnt announced as a big new order just added to the list of customers as they have one plant in the USA.

So if and when a new auto manufacturer is announced it will be one with older facilities and multiple locations - Ford was pretty reliably predicted especially as they appeared in the log in for a customer portal. If not Ford then GM or Chrysler.

Any one operating a 24/7 facility with over 10 fork lifts should be talking to Plug now as the proven ROI is there and can easily be justified.

only negative is the year long wait for delivery as they have such a huge back log to address.
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