Report: Tesla Motors stock does the opposite of plunges

The world of automotive finance is all a twitter, because Stanley Morgan said Tesla was soon to be America's fourth automaker. It's kind of amazing claim given, because if you don't make cars in Michigan we're not sure you can be called an American automaker, right?

The bottom line is this. How long before they're the biggest automaker?

Tesla's overall share price hit $28.51, which is about 20 percent over where it was before, but not to the $70 mark where they hope to be by the end of the year. That's almost twice the price it is now. In some ways it makes a lot of sense, because they've sold 1,500 at the cost of about $109,000 for a profit of $169,000,000.

With total sales of 1,500 cars over the last few years they only have to sell a few more to catch up to Chrysler, who sold at least three times as many cars as that last year. The introduction of the Model S will almost certainly help them push past America's #3 automaker.

All we know is if it smells like success, it smells like Elon Musk, and this smells musky.

[Huffington Post]

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Press Release:
Spectacular Summer Sojurns
Go Off The Grid with theExplorateur


New York (April 1, 2011) – Summer equals freedom and fun, and it's the best time to discover fabulous finds. This year, step it up and celebrate with a frolic far and wide with unique experiences off the beaten path. From Bali to Jaipur, theExplorateur Portfolio will help travelers discover exceptional and brilliant summer sojourns as individual as they are.

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Hotel de la Paix is Siem Reap's most celebrated hotel, designed in a stunning fusion of ancient Khmer design with a hint of art deco flair. Ever in celebration of the arts, the hotel's stylish Arts Lounge showcases exhibitions of local artists while their Meric restaurant offers world class dining. And, after an adventurous and emotional visit to nearby Angkor Wat, relaxation can be found in a variety of ways at their signature Spa Indochine, a 3 story temple of tranquility and decadence. Enjoy a 4th night free for summer, plus consider a visit to the hotel's Sewing Training Centre, an establishment created and supported by the hotel to provide skills and training to disadvantaged young women. Plus, Explorateur readers exclusively receive a welcome drink upon arrival, daily gourmet hot breakfast, wi-fi, daily turn down service with treats, fully loaded iPod with music and narratives on Cambodian history and access to undercover Khmer inspired pool. Please visit http://www.theexplorateurportfolio.com/ for more information.

theExplorateur is a unique forum, filled with positively fabulous insider information and unprecedented exclusive offers at the world's most unique and interesting properties. Our perspective is fun, fresh, fearless and uber-current, delivering honest reviews, detailed destination info, and signature theExplorateur Exclusive offers for subscribers only. For more information, please visit http://www.theexplorateurportfolio.com/.