Tesla has got involved into new trouble in China. Recently, Tesla has made about 4,000 cars for Chinese customers. There is no doubt that Tesla is gradually expanding its global market. However, some argue that Tesla needs to build more charging stations since most Chinese do not park their cars in garages. This will definitely increase the cost. Moreover, there might be a possibility that the customers are scattered. It would be hard for Tesla to decide where to build those charging stations. Analysts think Tesla’ s stock has been overrated, and there are potential crisis in the stock. Even the CEO of Tesla thinks the price of their stock was too high.
Nowadays, there are an increasing number of automobile companies turning to electric cars. Personally, I think the technologies of manufacturing electric cars are not advanced since under some circumstances the cars would catch on fire. Rome was not built in one night; therefore, constructing the charging network does take time. Not only the automobile companies have to spare efforts but also the government. I think government plays an important role in the popularization of electric cars since at the end of the day public charging stations will be part of the infrastructure.
Works Cited
Lewitinn, Lawrence. “This chart spells trouble for Tesla”. Yahoo Finance. Oct 1st 2014. Web. Oct 1st 2014.
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