Issue 10

 

Reuters News reports...


 

Very soon Tesla will hold "Battery - Investor Day" where reporters and those with a financial interest in Tesla will assemble to be wowed by the new announcements of Tesla's breakthrough battery technology. Other EV makers are not happy. They must buy batteries from third party vendors, which increases the cost of their cars. Tesla will be building their new line of advanced cell chemistry batteries in-house. No one is catching up to Tesla at this point, not on battery technology, autonomous driving technology, EV powertrain technology, or the computer technology that runs the whole shabang (Tesla makes their own chips!). How are they able to do this? Tesla's emphasis is not on profit (which is how all other car-makers operate), but on advancing the adoption of sustainable energy. Profit is #2. It's amazing what can happen when this is the corporate mindset.

 

And THIS is who and what you're supporting when you buy a Tesla.

More about EVs in general here.