Should Tesla Make Batteries Instead of Electric Cars? 362
cartechboy writes: "Tesla seems to be doing quite well these days, but one bond trader thinks the company should quit making electric cars and focus efforts on making batteries instead. Bond manager Jeffrey Gundlach says he's already tried to meet with Elon Musk to persuade him to take the battery-only route. Speaking to Bloomberg, he said Tesla could be 'wildly transformational' in the same way electricity and electromagnets were at the advent of their discovery. Enough people are interested in Tesla's vehicles that Musk probably won't take Gundlach's advice. Should he?"
He probably only needs 640K in his computer, too (Score:5, Funny)
I mean, these electric car thingys are just a fad, right?
Re:Why can't it be both? (Score:0, Funny)
Even if Tesla becomes the best and largest car battery manufacturer in the world doesn't mean they can't make cars as well.
IMHO somebody's being paid by the other car manufacturers to steer Tesla away from making cars.
Then again, the "low-cost" electric cars sure aren't coming from Tesla any time soon, so I don't really care.
Or neither. Rumor has it, Elon Musk is pouring his time and money into his car company because he is a Tesla-humping turbonerd who wants to win enough public support to finally have Edison, NJ renamed to "I Fucking Hate Edison Because He Shit On Tesla, NJ". He is in league with Matthew Inman. When Tesla's name is restored to the prominence they believe it deserves, they will finally unveil their secret moon colony with room enough for exactly as many tesla-lovers populate the internet, and move there.
I say we go for it. Get them the fuck out of here.
Re:Why can't it be both? (Score:5, Funny)
I actually understand his point. If Tesla just makes batteries for other companies, then they don't see Tesla as competition. If Tesla's also producing cars, then they are far less likely to do business with them regardless of how good their batteries are.
Yeah, that would be like Apple buying chips from, say, Samsung. Ain't gonna happen.
WELL THANK GOODNESS... (Score:5, Funny)
.. finally, some fucking "bond manager" had to come out and tell Elon Musk what HAS to happen.
Re:They've been pushing this angle for a while (Score:5, Funny)
Absolutely. It's a mistake to assume that just because 99% of lawyers are corrupt scumbags, that all lawyers are corrupt scumbags. For example, some stopped taking bribes after their funerals.
Re:Why can't it be both? (Score:5, Funny)
Bingo. Last time I heard, he also owns a company that makes rockets too.
Clearly, SpaceX should stop building rockets and just sell rocket fuel.