exactly my point expensive eu cars are not driven by Europeans but people that want to look like Europeans.
You mean the odd Bugatti veyron ?? lol, you're a master of demographics ! Wealthy europeans drive the cars I mentionned above.
no they don't. as I said idians/us/chinese drive these cars. smart marketing of Europeans but cars are crap. funny thing is that most people in eu are of indian genes, so no natives left. and people want to be like them, hahahhahahaha
http://www.lexus.com/models/LFA/ http://www.caranddriver.com/news/2014-chevrolet-c7-corvette-stingray-z51-photos-and-info-news I'm a fan of the Euro supercars but competition is coming. Soon enough the day will arrive when the new buyers won't even know what a manual gearbox is, was.
Talking of thrills a la car - have you seen the flying cars ? The US one uses a parachute while the European one has blades above like a gyrocopter. Both have rear propellors.
You are not seriously comparing these guys to Caeser and Lincoln? To my way of thinking that's like comparing a solid high school ball player to Ted Williams and Ty Cobb. Where is your sense of proportion?
Musk co-founded Tesla Motors and is the CEO and product architect. However, Musk's interest in electric vehicles began long before the creation of Tesla. Musk led the Series A investment in Tesla Motors. The Series A round included investment by several smaller investment groups, including SDL Ventures and Compass Technology Partners. As a result of the financial crisis in 2008,[29] Musk assumed the responsibility of CEO. Tesla Motors first built an electric sports car, the Tesla Roadster, with sales of about 2,500 vehicles to 31 countries. Tesla began delivery of its four-door Model S sedan on 22 June 2012 and unveiled its third product, the Model X, aimed at the SUV/minivan market, on 9 February 2012. Model X is scheduled to begin production in 2014.[30] In addition to its own cars, Tesla sells electric powertrain systems to Daimler for the Smart EV and Mercedes A Class, and to Toyota for the upcoming electric RAV4. Musk was also able to bring in both companies as long-term investors in Tesla. Musk and Senator Dianne Feinstein next to a Tesla Model S (2010) Musk has also favoured building a sub-$30,000 subcompact and building and selling electric vehicle powertrain components so that other automakers can produce electric vehicles at affordable prices without having to develop the products in house.[31] Several mainstream publications have compared him with Henry Ford for his work on advanced vehicle powertrains.[32] To overcome the range limitations of electric cars, Musk said in an interview with All Things D in May 2013 that Tesla is "dramatically accelerating" their network of supercharger stations, tripling the number on the East and West coasts during the month of June, with plans for more expansion across North America, including Canada, throughout the year.[33] He is reported to have a 32% stake in Tesla, which is valued at $5.82 billion, as of August 2013.[34][35] SolarCity[edit source]
"Finally, we know the number. Tesla Motors announced today that it sold 5,150 Model S electric vehicles in North America last quarter." GM sells 25,000+ per day. Tesla makes more money selling ZEV credits than they do selling cars. How long can that scam last? Take away the Uncle Sugar rebate and they wouldn't be selling anything but ZEV credits. At some point fundamentals matter. Until then, enjoy the goverment induced fix.
Will you scale in if it goes higher? I agree that the stock is way, way beyond what any reasonable fundemental valuation could be. I no longer trade anything but futures but when I traded equities I frequently saw overvalued stocks stay overvalued and even get more overvalued for much longer periods of time than I thought possible. That said, I think taking a quarter sized short position and scalling in for another quarter every $10 up will prove to be a winning trade. I doubt you'll get to your last scale in point. This one does look over ripe.