Tag: Electric Vehicles

Biden’s Climate Plan Is A Tax On Companies And Individuals

Biden’s Climate Plan Is A Tax On Companies And Individuals

Biden's 10-Year Climate Plan - which the Administration is pursuing without the approval of Congress - will tax American companies and citizens. We expect: more bogus carbon offsetting programs across all industries (including Technology), higher consumer energy prices and job losses for Americans. This centralized government power grab is also sure to create enormous fraud … Continue reading Biden’s Climate Plan Is A Tax On Companies And Individuals

The Blood Is On Elon Musk’s Hands

The Blood Is On Elon Musk’s Hands

Elon Musk is happy for prospective Tesla customers, sell-side analysts, buy-side investors and his Twitter followers to believe that Tesla vehicles are fully autonomous when that could not be further from the truth (see our earlier article regarding Autonomous vehicle permits). This fallacy helps promote the narrative around Musk as a genius entrepreneur (newsflash: Musk … Continue reading The Blood Is On Elon Musk’s Hands

A Breakdown of Biden’s $2.3 Trillion Green New Deal

A Breakdown of Biden’s $2.3 Trillion Green New Deal

If you believe that the Federal Government is an efficient capital allocator you will love Biden's "infrastructure" spending program. Similarly, if you are a "GreenTech" executive or entrepreneur, this massive spending program is shaping up to provide a long-term tail wind. Government officials will have trillions of newly printed capital to play with. Slim chance … Continue reading A Breakdown of Biden’s $2.3 Trillion Green New Deal

Electricity In An EV World

Electricity In An EV World

Electric Vehicles are all the rage even if they are a fraction of total global unit sales. We decided to look at how electricity is produced in the U.S. to get a sense as to how electricity may be generated in the near future. Here are the major sources of electricity production in the U.S. … Continue reading Electricity In An EV World

Apple’s Next CEO Ought To Be An Innovator

Apple’s Next CEO Ought To Be An Innovator

Apple CEO in-waiting Jeff Williams is a Tim Cook clone. We argue that Apple's next Chief Executive ought to be a risk-taking, product-focused CEO that conducts him/herself with a sense of urgency to drive Product & Services growth. Another caretaker CEO would be less than optimal. Companies mentioned: Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Cerner … Continue reading Apple’s Next CEO Ought To Be An Innovator

When Investors Want To Believe They’ll Believe

When Investors Want To Believe They’ll Believe

When in a bubble there's no telling when it may end. Tesla is certainly one of 2020's bubble companies. The more TSLA shares climb the more investors chase, largely motivated by fear of missing out. Is Tesla disrupting the auto industry? Sure. The question is how much do you pay for a disruptor when much … Continue reading When Investors Want To Believe They’ll Believe

There Is Only One Elon Musk

There Is Only One Elon Musk

The "Pretender" auto companies will likely fail because they don't have Elon Musk. While we have been critical of Tesla's corporate governance, there is no denying Elon Musk's persistence. Musk's level of persistence is rare. It is highly unlikely that the Pretenders (NKLA, NIO, RIDE, WKHS) have an Elon Musk among their senior ranks. The … Continue reading There Is Only One Elon Musk

The Electric Vehicle Bubble

The Electric Vehicle Bubble

The Electric Vehicle ("EV") valuation bubble is one of many asset bubbles enabled by dovish fiscal and monetary policy and pursued by speculators (both retail traders AND large asset managers such as Fidelity). The EV bubble seems to be largely driven by the presence of a large total addressable market ("TAM") regardless of whether it … Continue reading The Electric Vehicle Bubble

Time Waits For No One

Time Waits For No One

Time waits for no one. Fortunes change quickly. Look no further than the case of General Motors (tkr: GM) and Tesla (tkr: TSLA). This time last year GM sported a $55 billion market cap and some months later closed calendar 2019 with $137 billion of revenue. Plenty of time it would seem for GM to … Continue reading Time Waits For No One