Author Bio
Howard grew up in Philadelphia watching the Philly sports teams struggle for championships. He has been investing since 1989 and been a Fool since 2001. Prior to joining The Fool as a contract writer in 2019, Howard worked in the steel business as an engineer for 28 years. When he isn’t writing, he is usually out for a run, or relaxing to the music of the Grateful Dead.
What happened
Shares of electric-vehicle (EV) related companies traded mixed on Thursday, with investors trying to decide where to put money in the sector. Shares of
MP Materials (NYSE:MP), miner of rare-earth materials used for EV battery technology, soared 20% this morning before settling back to a gain of 12% as of noon EST.
Wow, this is the best van design I’ve ever seen; perfectly utilitarian while being futuristic with its boxy shape. People see Elon Musk as a genius i agree to an extent. I think he’s a genius in terms of using guerilla marketing tactics namely feeling pulse of enthusiastic millennial audience then pairing a persona with the brand through a non-stop visibility on classical and social media. But i don’t think he’s genus in terms of vision of or being businessman. if it is the case then he should have started with delivery vans yet he still doesn’t have plan to bring a DV to the market. Instead he started with much more complex passenger sedans that also need extensive charging network or and bigger range. For a Silicon Valley tech startup with limited resources and having no idea what it takes to be a mass production car company it was the wrong choice in my judgment.
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