Boston, MA 05\/08\/2014 (wallstreetpr) \u2013 \u00a0For investors who are both environment conscious as well as profit conscious, there is possibly no better investment option than Tesla Motors Inc (NASDAQ:TSLA)<\/b>. Despite the temporary increase in global oil supplies because of hydraulic fracking and a spurt in natural gas supply from shale gas, climate scientists are unanimous that we are witnessing severe climate change that is entirely man-made. If humanity wishes to improve the global climate both for humans and the millions of other species that live on Earth, we must reduce our dependence on fossil fuels and opt for renewable energy sources. One of the largest sources of greenhouse gas emissions are gasoline and diesel-powered automobiles.<\/p>\n
Tesla with its pure electric cars offers a spectacular alternative to the century-old internal combustion engine driven cars. Tesla cars go beyond the hybrid models such as Toyota Prius that have both an IC engine and a battery pack.<\/p>\n
Elon Musk founded Tesla is often considered to be the Apple Inc. (NASDAQ:AAPL)<\/b> of the 21st century and Mr. Musk is considered to be an inventor and transformational leader on the same epic scale as Steve Jobs of Apple.<\/p>\n
1Q2014 Results Beat Estimates<\/b><\/p>\n
Tesla Motors Inc (NASDAQ:TSLA) beat estimates in reporting 1Q2014 revenues of $713 million and produced a record 7,535 Model S sedans. It lost $49.8 million in 1Q2014 and expects to incur an expenditure of $850 million in 2014 to increase production of its hot selling Model S luxury sedan and to develop the Model X crossover vehicle as well as to start construction of a history new lithium-ion battery facility that will be the world\u2019s largest.<\/p>\n
The gigafactory is slated to go on stream in 2017 and reach full production in 2020. States including Nevada, Arizona, New Mexico and Texas are in the race to host the factory. Mr. Musk said that California may also be back in the running to host the gigafactory though California had a low probability of being finally chosen.<\/p>\n
While Tesla shares have lost more than 12% in the past one month, the stocks are still up by more than 238% in the last one year.<\/p>\n
As Tesla Motors Inc (NASDAQ:TSLA) makes its debut in the U.K. and Japan in the next few months and also enters the Chinese market \u2014 the world\u2019s largest automobile market \u2014 the long term future for Tesla appears to be bright if humanity is wise enough to pursue a path of sustainable development that tries to minimize the damage to the climate of Earth even as we create more and more conveniences for ourselves.<\/p>\n","protected":false},"excerpt":{"rendered":"
Boston, MA 05\/08\/2014 (wallstreetpr) \u2013 \u00a0For investors who are both environment conscious as well as profit conscious, there is possibly no better investment option than […]<\/p>\n","protected":false},"author":9,"featured_media":7839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[2018],"tags":[1612,1002,635,2066],"stock_ticker":[],"class_list":["post-21633","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-automobile","tag-apple-inc-nasdaqaapl","tag-nasdaqaapl","tag-nasdaqtsla","tag-tesla-motors-inc-nasdaqtsla","entry"],"acf":[],"yoast_head":"\n