Cummins Unveils Electric Semi Truck Before Tesla (autoblog.com)
Cummins has beat Tesla to the punch by unveiling its own electric semi truck. According to Forbes, the fully electric, class 7 day-cab urban hauler, called Aeos, gets 100 miles of range from its 140-kWh battery pack and can haul a 22-ton trailer. While the company does offer the options of additional battery packs to triple the range or a range-extending engine generator, the Aeos is better suited for city use rather than long-haul trucking. Autoblog reports: While this electric truck is a concept, it's a working demonstration of a product Cummins plans to start producing in 2019. At the unveiling in Columbus, Ind., Cummins also revealed its latest near-zero-emissions natural gas engines, as well as the X15 and lightweight X12 clean diesel engines. The company said it is embracing new technologies that allow its customers to contribute to a sustainable future.
While people may think this is trying to steal Tesla's thunder, you should remember that Tesla Motors wasn't started to make a buck, it was started to prove the viability and promotion of electric vehicles. The fact that other companies want to jump on the bandwagon isn't a bad thing, it's a good thing because it means that the plan behind Tesla is working. If you only like Telsa for the money aspect, you can suck it. ;)
Anons need not reply. Questions end with a question mark.
But then again, random Slashdotters living in their moms' basements disagree, so clearly major capital funds and their due diligence analysis of the company's financials are wrong.
Anyone who has lived through the dotcom bubble in 2000 and then the housing bubble up to 2009 knows, not believes, not thinks, but actually knows that all capital funds and their managers have shit for brains and don't even know what due diligence is.
What is the current capitalization of Uber again? At least Tesla is actually shipping products. That's a unicorn company right there.