The consumer is alive and well and purchasing American automobiles.
According to a Bloomberg report, auto sales are on pace for their best year in a decade or more. They attribute the success to job growth, available credit, affordable fuel, and aging models.
Great news for the Motor City, but investors are more likely to react to earnings this afternoon from Tesla Motors. The hybrid battery, tech, and major automotive manufacturer is set to report after the bell today. Analysts estimate the Palo Alto native will post a quarterly loss at $0.50 per share on revenue of $1.26 billion.
Ford and GM are not trading stocks. They are old man investor stocks. Tesla has mania momentum and the keys to the future.
I am in an aging Ford and intend to keep her running until Tesla unveils their Model III. Hopefully my Focus survives the wait list duration too. Otherwise I will be Uber dependent because I am done driving an Industrial Age combustion engine.
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is Elon getting fat? that last pic is not very flattering.
I too drive an american ICE machine. Hopefully in 2016 i will be switching to a German ICE machine. 😎
don’t touch my daaaaaaart.
reports from the inside say he’s getting real fat
“a quarterly loss at $0.50 per share on revenue of $1.26 billion” compared to the $0.45 per share on revenue of $38.1 billion Ford reported last week. It will be interesting to see how Tesla grows into it’s valuation.
agreed, shes a lofty one
LET THE BOY WATCH
Best outtakes ever:
http://www.youtube.com/watch?v=_hPp4dgmrc8
this kills me, so good