A Surprise from Tesla
August 27, 2013 at 01:32 PM | categories: tesla | View Comments
Tesla's stock price has soared due to optimism on several future developments. Among them are:
- Markets in Europe
- Markets in China
- Model X release
- A $35,000 model (model E?)
- Good margins
So I was wondering if there may possibly be anything left they could pull off to warrant an even higher stock price and faster growth potential - a surprise from Tesla. I think I've got it.
Two announcements hint at higher capacity batteries readying for the market. GM R&D Boss Hints At Tesla-Surpassing Batteries and Tesla Hints At Eventual 500-Mile Battery. I think that before the model E is in production, the model S and X will receive a battery upgrade and/or significant price reduction. This would bring in more buyers from the existing market (being more comfortable with a 500 mile range) and buyers who can now afford the 265 miles vehicle previously out of their price range.