Tesla breaks new ground in automotive industry
February 24, 2014
Tesla (TSLA), the Fremont-based electric car company, has just completed coast-to-coast quick charging stations for its groundbreaking electric cars. Although there is only one route you can take for now, owners of Tesla cars can now go from the West Coast to the East Coast and not have to wait the usual nine hours it takes to recharge their cars from the standard house socket.
These fast recharge stations can charge Tesla S models in 30 minutes. For convenience, Tesla has located the stations near coffee shops or shopping malls so you can pass the time while your auto recharges.
The really nice part is that it's all free, so you can drive coast to coast with no fuel charges.
Tesla will expand on these 71 existing stations and install stations throughout the country by 2015 and will include stations in Canada, and for now, at least, charging up will be free to TESLA S model owners.
Seeing how quick Tesla is moving toward making automobile life that much easier with groundbreaking cars and stations, you have to wonder why the big three automakers — GM, Ford and Chrysler — have been in existence for decades yet can be steam-rolled with innovation by such an upstart.
It's this lack of vision that makes GM, Ford and Chrysler albatrosses in their own business, continually making questionable quality cars and trucks and seemingly always behind the eight ball when it comes to taking progressive steps in auto technology.
This is only my opinion, of course, but seeing how Tesla autos are flying off showroom floors, at least a few people seem to agree with me. It's also probably why the big three auto makers take bailout monies and petition for congressional protection while Tesla pays backs its government loans years early and moves forward in leaps and bounds, continually surprising everyone on how innovative it is.
Seeing as no one has successfully started a new American car company and survived for long, the fact that Tesla is doing so well attests to its owner, Elon Musk, and his creativity and foresight. He's the new Steve Jobs and, I for one am glad to see it.
It's about time we got someone like Musk to guide our auto industry to a better place than into the downward spiral it has been headed for for decades.
This article expresses the opinions of Marc Cuniberti. He hosts "Money Matters" on KVMR FM 89.5 and 105.1 FM at noon Thursdays His website is http://www.moneymanagementradio.com.
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