A Tesla…for the resta’ya
So far, this week’s been a big bonanza for Tesla Motors. The electric car company raised $226 million with its IPO Monday, and the share price has been rising ever since. Then there’s the P.R. boost from the accompanying press frenzy, celebrating a tiny company most non-auto-non-tech junkies had probably never heard of. Telsa’s been working long and hard — often on fumes, you might say — to make a real product that advances the industry. Good on ‘em.
But let’s face it: Tesla cars are expensive, tiny, impractical roadsters with a ridiculous waiting list. I was more into this fun blow-by-blow comparison from CNET of two much more practical electric-car options on the way for the typical buyer: Chevy Volt vs. Nissan Leaf, ranked next to each other on looks, range, wireless connectivity, and price.
We’re here to help you navigate this changed world and economy.
Our mission at Marketplace is to raise the economic intelligence of the country. It’s a tough task, but it’s never been more important.
In the past year, we’ve seen record unemployment, stimulus bills, and reddit users influencing the stock market. Marketplace helps you understand it all, will fact-based, approachable, and unbiased reporting.
Generous support from listeners and readers is what powers our nonprofit news—and your donation today will help provide this essential service. For just $5/month, you can sustain independent journalism that keeps you and thousands of others informed.