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Tesla Motors Inc.’s growth in this market could be seen in company presentations and filings. Manufacturing batteries for stationary storage devices could turn out to be easier and quicker than manufacturing cars and the market has less competition as Tesla Motors Inc. nearly doubled its staff in 2014 to 10,161 employees from 5,859 a year earlier as the electric car maker pursues dramatic global The employment expansion comes as the company opened a new facility in Lathrup, Calif. This would also contradict reports of the Apple own efforts to advance electric cars, something the Cupertino-based company is supposed to be working of the new “iCar”, along with the likes of Tesla Motors (NASDAQ:TSLA) and even Google Inc (NASDAQ Maybe he's right. But then there's this about the Model 3 mass-market car, which is expected in 2017: I've been following Tesla since 2007, and this is the most perplexing thing I've ever read about the company. There are two crazy assumptions in just this Many think that electric car company Tesla Motors that will shape the future of the auto industry. John Lovallo probably isn't one of them. The analyst at Bank of America Merrill Lynch recently predicted an astronomical 70 percent drop in its stock price. only by marketing hype and a high-cost power plant that could be made by any of two dozen global car companies if there was actually a mass market demand for it. Needless to say, Tesla’s meager LTM sales were not accompanied by any sign of profits or .
ALSO SEE: The Car Connection's Best Sedans To Buy 2015 While fanboys He applauded the audacity of CEO Elon Musk, but also noted that FCA is one of the very companies that Tesla is undoing: "It’s a good thing, but when you are one of the guys whose Much as Tesla Motors Inc (NASDAQ:TSLA) continues to attract singular press attention as a revolutionary car company, investors have to be savvy to separate fact from fiction so as not to sink money in Tesla stock. Tesla is valued at roughly $25 billion The company has now sold 7,850 i3s, and another 750 i8 gull-wing plug-in hybrid sports coupes on top of that, with the i8 logging another 113 deliveries last month. ALSO SEE: Plug-In Electric Car Sales For Canada In 2014: Steady Growth As always That’s not to put down Tesla, it’s just an example of the pace it takes to get a new car company up and running. Apple may be disruptive, but it’s not a scrappy, young company burning lots of cash so it can bring EVs to the masses. Also, it’s .
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