Quote:
Originally Posted by GregWeld
I just read that UPS has placed an order for 125 Tesla electric trucks..... Not sure how many they've sold or have orders for now - but it has to be quiet a few now.... WalMart order some... Pepsi.... Anheuser-Busch.... Sysco.... J B Hunt... DHL....
These folks aren't stupid....
Maybe I better pay more attention to this floundering company. My take is that Musk is trying to build too many money losing businesses at once... a battery company - a solar energy company - a space flight company - and a car company that can't make a profit and can't deliver cars on order... but WTH.... he's selling stuff! And investors keep buying the debt.
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One of my customers is looking to start running electric trucks in his oil transport business. Oh the Irony.
But its going to a real thing in California with all our regulations. And the overall scope of the oil business is already changing in a huge way to get the oil companies out of California while still pumping the oil.