Published on Zero Hedge (http://www.zerohedge.com)
The Green(back) Revolution: Why Tesla Is Just A Distraction
By Tyler Durden
Created 05/29/2013 - 09:21
Tesla has been outselling specific Mercedes, BMW and Audi models at similar price/quality points, and Consumer Reports has given the car glowing reviews. Is there a broader meaning in this, other than the introduction of a very well-designed luxury automobile? JPMorgan's Michael Cembalest's suggests that the Tesla's price and its fossil fuel footprint suggest that it's a distraction regarding the issue of transportation and related environmental efficiencies.
Source URL: http://www.zerohedge.com/news/2013-05-29/greenback-revolution-why-tesla-just-distraction
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