Bloomberg Technology

Auto Industry Can’t Catch Up to Tesla, Says Ark’s Keeney

Sep.23 — Tasha Keeney, analyst at Ark Investments, discusses Tesla Inc.’s “Battery Day” event and expectations around the future of electric cars on “Bloomberg Technology.”

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Sep.23 — Tasha Keeney, analyst at Ark Investments, discusses Tesla Inc.’s “Battery Day” event and expectations around the future of electric cars on “Bloomberg Technology.”

36 Comments

  1. mrpmj00

    September 23, 2020 at 10:48 pm

    If u like to gamble, buy Tesla or go to Vegas. Battery loses range when pulling so it makes no sense that trucks are battery powered
    instead of hydrogen powered.
    If you like to invest, buy Amazon, Apple, Nvidia, Facebook, Microsoft, Google, Wells Fargo, Netflix, CRM
    TRUST THE PROCESS.

    • Paul Z

      September 24, 2020 at 12:17 am

      I’ll put my odds on Tesla over Vegas any day. Vegas never developed reusable rockets……

  2. mrpmj00

    September 23, 2020 at 10:48 pm

    There’s only a 5 year world supply for lithium batteries (and Tesla is using up too much of that for the few , compared to how little
    a smartphone uses for everyone). Current electrical infrastructure can’t supply the electricity to all homes. Powerlines
    contribute to forest fires. Lithium batteries are mined by African children. Lithium batteries create toxic disposal wastes.

    • Fynn Trompeter

      September 23, 2020 at 11:33 pm

      Tucker Holstun seemes like a bot. Information is wrong too

  3. mrpmj00

    September 23, 2020 at 10:48 pm

    There needs to be a law that prioritizes lithium for smartphones over electric cars because cars have petroleum and hydrogen

    alternatives.

    • Tucker Holstun

      September 23, 2020 at 11:01 pm

      Do you know how little lithium phones need? There is enough. Gas on the other hand…

    • The Knave

      September 24, 2020 at 12:19 am

      There is no shortage of lithium, my friend.

  4. mrpmj00

    September 23, 2020 at 10:48 pm

    Providing more lithium batteries for EV cars is just opening a can of worms because the electrical grid cannot support every house. Not everyone can or wants to incur the cost of solar panels (which from my friend’s experience only lasted 7-10 years)

    • Tucker Holstun

      September 23, 2020 at 11:01 pm

      Sources?

    • The Knave

      September 24, 2020 at 12:24 am

      @Tucker Holstun I think he uses Lucas Nolan at Breitbart, whose articles on Musk are just as slanted as anything Huffpo says about Trump. 😉

  5. mrpmj00

    September 23, 2020 at 10:48 pm

    A battery manufacturer should sell to the highest payer. Ford, GM, and VW have deep pockets and they can pay more for the batteries

    and put Tesla out of business.

    • Tucker Holstun

      September 23, 2020 at 11:03 pm

      You don’t really know what you’re talking about, do you?

    • UnableTo Comprehend

      September 23, 2020 at 11:51 pm

      @Tucker Holstun He really is spamming this comment section. Those with the most volume to say have the least quality.

    • The Knave

      September 24, 2020 at 12:20 am

      They have to pay Tesla for the batteries. Patents are a thing.

    • Qinby 1

      September 24, 2020 at 1:05 am

      So your idea is that Ford and GM should buy more batteries and do what??
      Store them?? they sure as hell do not have cars to put them in…

    • Qinby 1

      September 24, 2020 at 1:06 am

      mrprmj00 is a Gordon Jonson alias…

  6. mrpmj00

    September 23, 2020 at 11:20 pm

    An electric truck makes no sense because tests have shown that the battery drains faster when it has to pull. Hydrogen vehicles make

    more sense in trucks than EV.

    • Money Noob

      September 23, 2020 at 11:54 pm

      Just do what you do with your phone when it dies or is close to 0% charge? Plug her in boys! Magical.

    • Pablo Martinez

      September 23, 2020 at 11:55 pm

      mrpmj00

  7. Nigol T.

    September 23, 2020 at 11:45 pm

    Cathode manufacturing ☄️

  8. Eric Sprung

    September 23, 2020 at 11:48 pm

    As Tesla goes so goes Ark Invest
    They obviously hope other automakers won’t catch up.

    • The Knave

      September 24, 2020 at 12:19 am

      Traditional automakers can’t catch up. With Tesla’s vertical integration, they won’t catch up.
      In America, Tesla has a total market share of 1.3% and growing at approx 40% per year. Think: Exponential growth.

  9. Dave Froman

    September 23, 2020 at 11:57 pm

    EVERY battery and automotive manufacturer in the world is trying to get the battery cost below $100/kWh. What Tesla just announced will bring their costs down below $60/kWh. Even GM thought if they were luck they could get their Ultium to $100 in 8 years. Im sorry but the mainsteam analysts have no clue what is happening. Its over

    • Bill Cichoke

      September 24, 2020 at 1:07 am

      Afraid to tell you, but Teslas are using the batteries Musk listed, just like everyone else. And their software can’t save their cars, which are second to many.

      They HAVE no proprietary ANYTHING that anyone needs to catch up to. And they’re starting to lose market share in the EV segment as this fact becomes clear. As to the rest, they haven’t moved the needle hardly any all towards more EV acceptance by the general public.

      So what exactly are they ahead on?

    • Brandon Wirth

      September 24, 2020 at 1:22 am

      Bill Cichoke They’ve actually gained marketshare worldwide. If you’re talking about Europe, those are required to be imported which they didn’t do as much this year with Covid, so looking at Europe only is a bit questionable. We’ll have to wait til next year and giga Berlin. As for tech, their battery management systems are much better than competitors, their software is much better and their charging infrastructure is better. They also have the best consumer satisfaction rate, so it appears they have a lot of edge … people don’t think their cars are second rate.

  10. Avik Sarkar

    September 23, 2020 at 11:58 pm

    Bloomberg is clearly anti Tesla, I relished watching them get their arrows shot down by Tasha

  11. The Knave

    September 24, 2020 at 12:16 am

    Watch the full presentation by Tesla.
    Then, realize that Musk always follows through.
    Always.

  12. Solving The Money Problem

    September 24, 2020 at 12:16 am

    What the fuck was that opening question?

  13. David W Hamilton

    September 24, 2020 at 12:18 am

    How can you second-guess a man that launched a Tesla in the outer space I’ve never seen so many short minded people in my life it’s crazy

  14. 101yayo

    September 24, 2020 at 12:21 am

    Maybe they were hoping a Tesla submarine or a Tesla hover car. Idk…????

  15. Stock Trading

    September 24, 2020 at 12:23 am

    Emily is so excited and happy that shares are down. Look how happy she is. I wonder what Elon did to get so much anger from her. I avoid Bloomberg tech because of her anger towards Tesla. Too bad.

  16. Farsil Bauhil

    September 24, 2020 at 12:24 am

    hopefully tesla has the publics best interest in mind, cause if ice automakers slow production the used car market is going to skyrocket and a lot of low income car buyers are going to be without transportation soon.

  17. guess what

    September 24, 2020 at 12:52 am

    I would tap that

  18. Joseph Schaefer

    September 24, 2020 at 12:58 am

    Tasha was awesome as always , Emily Chang reminded me why I deleted my Bloomberg app and will never go back to listening to their coverage

  19. TheReelReal

    September 24, 2020 at 1:27 am

    Nasty Emily looking old like she is.

  20. Renegade

    September 24, 2020 at 1:28 am

    It’s sh!t
    Lithium Ion Batteries are toxic waste

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