SYNDICATED NEWS
PHOTO CAPTION: Tesla Model S costs in the neighborhood of $70,000USD.

A Value Walk View of Tesla Motors

Tesla's Model S is outselling competitor's electric cars despite costing twice as much. Why?

Published: 02-Jul-2013

Tesla Motors Inc (NASDAQ:TSLA) stock has been on a roll over the past year. The stock surged from just $25 to over $100. The analysts at this price point are recommending that the stock should be bought knowing the fact that the company has never made a net profit.

The electric car maker is moving ahead of companies like General Motors Company (NYSE:GM), Nissan Motor Co., Ltd. (OTCMKTS:NSANY) (TYO:7201) and Ford Motor Company (NYSE:F), which undoubtedly holds a greater amount of money, engineer’s industry experience as well as resources. Tesla Motors Inc (NASDAQ:TSLA) is still outperforming all these big names when it comes to confidence of buyers.

Tesla’s Model S held the number one spot in electric car sales despite the fact that Model S is priced at $70,000, which is double more than the price of the rivals. So, how is Tesla managing to outperform bigger and more experienced rivals? The answer is discussed in a report from Forbes by Adam Hartung.

<< PREVIOUSNEXT >>
RELATED NEWS ITEMS

Kandi electric car on display in China dealership.

In China there's a very cheap to own Kandi and in America there's the New Flyer all-electric transit bus in Chicago, observes Tom Konrad.

Tesla Model S comes with three battery pack options with two performance grades.

Dan Neill shares his impressions of Tesla Model S that sets a new standard for all-electric sedans in 'I am Silent, Hear Me Roar.'

Tesla Model S will be priced in the mid-$50K range after the first 1000 cars.

While both GM and Ford shares are off 50%, Tesla shares are double what they were in July 2010, writes Adam Hartung.

READER COMMENTS

blog comments powered by Disqus