Telsa Model S Is Car of the Year?
Courtesy of Tesla MotorsAutomobile magazine has named its Car of the Year. Unfortunately, it has chosen a vehicle almost no one has bought or will buy, and the car’s maker may not even survive the next year. The Tesla Model…
Automobile magazine has named its Car of the Year. Unfortunately, it has chosen a vehicle almost no one has bought or will buy, and the car’s maker may not even survive the next year.
The Tesla Model S is an all-electric car that is faster than almost any other sports car on the road. It sells for more than $78,000. Automobile is the first to admit that “to say there’s healthy skepticism regarding Tesla and its new wundercar is an understatement.”
While the editors of the car enthusiast publication are wildly positive about the speed, software, design, 21st century accessories and battery technology of the Tesla Model S, they leave as a footnote the fact that the company may run out of money.
In addition, that there are few places to charge the car’s battery other than at home. The reviewers write:
Want to take the family from Washington, D.C., to New York? No problem. Stop for an hour at one of Tesla’s Supercharger stations being installed throughout the country, and you can travel on to Boston.
That is, if Tesla Motor Co.’s (NASDAQ: TSLA) supercharger stations are ever built.
Douglas A. McIntyre
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Trey has been an editor and author at 24/7 Wall St. for more than a decade, where he has published thousands of articles analyzing corporate earnings, dividend stocks, short interest, insider buying, private equity, and market trends. His comprehensive coverage spans the full spectrum of financial markets, from blue-chip stalwarts to emerging growth companies.
Beyond 24/7 Wall St., Trey has created and edited financial content for Benzinga and AOL's BloggingStocks, contributing additional hundreds of articles to the investment community.
Trey's editorial expertise extends across multiple publishing environments. He served as production editor at Dearborn Financial Publishing and development editor at Kaplan, where he helped shape financial education materials. Earlier in his career, he worked as a writer-producer at SVE. His freelance editing portfolio includes work for prestigious clients such as Sage Publications, Rand McNally, the Institute for Supply Management, the American Library Association, Eggplant Literary Productions, and Spiegel.
Outside of financial journalism, Trey writes fiction and has been an active member of the writing community for years, moderating workshop sessions at regional conventions.
