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Tesla Inc TSLA

Tesla, Inc. designs, develops, manufactures, sells and leases high-performance fully electric vehicles and energy generation and storage systems, and offers services related to its products. The Company's segments include automotive, and energy generation and storage. The automotive segment includes the design, development, manufacturing, sales and leasing of high-performance fully electric vehicles, and sales of automotive regulatory credits. It also includes sales of used vehicles, non-warranty after-sales vehicle services, body shop and parts, paid supercharging, vehicle insurance and retail merchandise. Its consumer vehicles include the Model 3, Y, S, X and Cybertruck. The energy generation and storage segment includes the design, manufacture, installation, sales and leasing of solar energy generation and energy storage products and related services and sales of solar energy systems incentives. Its lithium-ion battery energy storage products include Powerwall and Megapack.


NDAQ:TSLA - Post by User

Bullboard Posts
Post by MrBonoboon Mar 02, 2020 11:34am
133 Views
Post# 30756184

China is going the hydrogen Fuel Cell Route.

China is going the hydrogen Fuel Cell Route.
Hydrogen fuel cell industrial power grids only way to help cars,
Hydrogen and fuel cells are seeing a resurgence in interest: large-scale production of fuel cell vehicles has begun, and hundreds of thousands of homes are now heated and powered by fuel cells.5 A key difference since the last hydrogen “hype cycle in the 2000s is that manufacturing scale up and cost decreases mean hydrogen and fuel cells are being commercialised in several sectors, from portable electronics and large industrial to small backup power station grids,transportation ect.
https://www.powercell.se/en/investors/press-releases/detail/?releaseId=7BB5EFD8AF41765E

T
his is not good for Tesla,Their cars run on the old technology of the lithium ion battery and not the future which will be hydrogen fuel cells.whoa...will this mean Tesla will become obsolete????
Bullboard Posts