I love what Elon is doing with Twitter, but I think the peak in the all electric car is upon us. Wall Street is trying to blame the weakness of Tesla stock on Elon's actions on Twitter, but the real weakness in Tesla, is people realizing that it's a flawed business model.
Worse than a flawed business model, it is a flawed technology. Batteries work on electrochemistry---which is CHEMISTRY. Chemical reactions are highly sensitive to temperature. If the temperature is low, the reactions will not occur and the battery becomes ballast. You can't bootstrap it into being warmer.
I love what Elon is doing with Twitter, but I think the peak in the all electric car is upon us. Wall Street is trying to blame the weakness of Tesla stock on Elon's actions on Twitter, but the real weakness in Tesla, is people realizing that it's a flawed business model.
Worse than a flawed business model, it is a flawed technology. Batteries work on electrochemistry---which is CHEMISTRY. Chemical reactions are highly sensitive to temperature. If the temperature is low, the reactions will not occur and the battery becomes ballast. You can't bootstrap it into being warmer.