And now we have Elon Musk talking about Solar Energy, Electric Cars and Lithium batteries. There is no shortage of any metals which fundamentally prevents our Energy Transition to Electric Cars, but we need to secure the supply of these strategic commodities for the explosive transformation to the electric mobility.
Leeb on Commodity Markets, Copper, Rare Earths
Finally, the old news are making its way to the mass media. Investors will follow.
Nov. 28 (Bloomberg) -- Stephen Leeb, president of Leeb Capital Management and author of "Red Alert: How China's Growing Prosperity Threatens the American Way of Life," talks about the outlook for commodity markets and China's commodity demand. He speaks with Deirdre Bolton on Bloomberg Television's "Taking Stock." (Source: Bloomberg)
"Elon Musk, CEO and founder of Tesla Motors, introduced the Tesla Model S sedan tonight in Fremont, Calif., saying "The oil companies said electric cars can't work, but the truth is, they don't want them to work. But here it is. They would say this car is the equivalent of a unicorn. Well, tonight you had the opportunity to ride a unicorn."
We are following Tesla Model S and holding our breath - the targets for this Electric Car are so ambitious that we do really count on Elon Mask to deliver. After so many disappointing delays and over promises in electric space Tesla Model S is shaping up as a game changer. Everything with this electric car: styling, range, capacity and price are putting a very high bar to beat by any auto maker. How can VC start up beat all the big boys in the end with their billions in R&D?"