Why Tesla Will Spark an Electric Car Revolution
Jun 12th 2012 11:45AM
Updated Jun 12th 2012 11:46AM
The following video is part of our "Motley Fool Conversations" series, in which industrials editor/analyst Isaac Pino and industrials editor/analyst Brendan Byrnes discuss topics across the investing world. On June 22, Tesla is set to launch the Model S sedan. Investors, car enthusiasts, and car industry veterans alike are wondering whether of Tesla's CEO Elon Musk can deliver on his ambitious plans to transform the electric vehicle market. In Isaac's opinion, the launch will have huge implications in the car industry overall. Today, consumers are gravitating to more fuel efficient vehicles to avoid high gas prices, they're choosing to drive shorter distances on a daily basis, and they're interested in products pushing the envelope in technological innovation. Tesla seems poised to deliver on all of these accounts -- could now be the time to buy shares?
One reason Tesla has caught the eye of many American is the fact that the Model S will be fully designed, developed, and produced here in America. New technological advancements in manufacturing are enabling companies to bring products to market right here at home. If you haven't heard of the companies behind this manufacturing game changer, read on in our special free report, "The Future Is Made in America." Some of the savviest technology executives have recognized the incredible potential in this field. To learn more download our free report for a limited time.
At the time this article was published Brendan Byrnes owns shares of Ford and General Motors Company. Isaac Pino has no positions in the stocks mentioned above. The Motley Fool owns shares of Ford and Tesla Motors. Motley Fool newsletter services recommend Ford, General Motors Company, and Tesla Motors . Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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