Should Tesla Make Batteries Instead of Electric Cars?
cartechboy writes: "Tesla seems to be doing quite well these days, but one bond trader thinks the company should quit making electric cars and focus efforts on making batteries instead. Bond manager Jeffrey Gundlach says he's already tried to meet with Elon Musk to persuade him to take the battery-only route. Speaking to Bloomberg, he said Tesla could be 'wildly transformational' in the same way electricity and electromagnets were at the advent of their discovery. Enough people are interested in Tesla's vehicles that Musk probably won't take Gundlach's advice. Should he?"
I mean, these electric car thingys are just a fad, right?
I actually understand his point. If Tesla just makes batteries for other companies, then they don't see Tesla as competition. If Tesla's also producing cars, then they are far less likely to do business with them regardless of how good their batteries are.
Yeah, that would be like Apple buying chips from, say, Samsung. Ain't gonna happen.
.. finally, some fucking "bond manager" had to come out and tell Elon Musk what HAS to happen.
Absolutely. It's a mistake to assume that just because 99% of lawyers are corrupt scumbags, that all lawyers are corrupt scumbags. For example, some stopped taking bribes after their funerals.
John
Bingo. Last time I heard, he also owns a company that makes rockets too.
Clearly, SpaceX should stop building rockets and just sell rocket fuel.