Revenge of the Electric Car Page #8

- GOOD, HOW ARE YOU? - FINE, THANKS.

ARE YOU ENJOYING THE SHOW?

- YEAH, I JUST GOT HERE EARLY THIS MORNING.

- WHERE--WHERE'S YOUR VEHICLE?

DO YOU HAVE IT DISPLAYED?

- YEAH, IT'S JUST THAT WAY.

- SO YOU'RE NOT IN ELECTRIC ALLEY?

- WE'RE CLOSE.

- YEAH, WELL, WE'RE NOT IN ELECTRIC ALLEY EITHER

WITH THE VOLT.

HAVE YOU HAD A LOOK AT THE BYD?

- NO, I HAVEN'T ACTUALLY HAD A LOOK AT ANYTHING YET.

I'VE JUST BEEN IN MEETINGS ALL MORNING.

- THERE'S SOME REALLY STRANGE STUFF HERE IN ELECTRIC ALLEY.

- OH, THAT'S CUTE.

- I'LL TELL YOU WHAT.

I'LL GO AHEAD IN MY CORVETTE ZR1,

AND YOU CAN CHASE ME DOWN WITH THIS THING.

- ALL RIGHT, IT'S A DEAL. WE GOT DEAL.

BUT THE NISSAN LEAF CERTAINLY--

WHAT DO YOU THINK OF THAT?

- IT SOUNDS LIKE IT COULD BE SUCCESSFUL.

I MEAN, I THINK IT SEEMS LIKE A GOOD WAY TO GO.

- YEAH.

- YEAH, I KIND OF-- I KIND OF--

I MEAN, I KIND OF LIKE IT.

- THEY DON'T TELL YOU VERY MUCH

100 MILES PER CHARGE.

"ACTUAL RANGE MAY VARY BASED ON CONDITIONS, WEATHER,

AND BATTERY AGE."

- HMM.

- WELL, WE'RE GONNA GO FOR THE GROUNDBREAKING

OF THE FACILITIES.

THEY'RE GONNA BUILD THE BATTERIES AND ELECTRIC CARS

FOR THE UNITED STATES.

IT'S AN IMPORTANT INVESTMENT FOR US.

- IT'S BEEN DESCRIBED AS THE LARGEST DEPLOYMEN OF ELECTRIC VEHICLES AND CHARGING INFRASTRUCTURE

EVER UNDERTAKEN.

I'M VERY PROUD THAT TENNESSEE IS AN INTEGRAL PART OF THIS EFFORT.

- EVERYBODY'S GONNA COME TO THE GAME

WHEN THEIR ELECTRIC CAR WILL BE READY.

- DO YOU FEEL LIKE YOU'RE AHEAD OF THE GAME?

- I DON'T FEEL; I AM.

CARLOS SOUNDS CONFIDENT.

THE TRUTH IS, HE'S GAMBLING WITH BILLIONS OF DOLLARS

AND TENS OF THOUSANDS OF JOBS,

AND THE SHARKS ARE CIRCLING.

- I'D LIKE TO KNOW IF THE LEAF WILL BE AFFORDABLE ENOUGH.

- THE LEAF, THE SHIFT TO ELECTRIFICATION OF VEHICLES

AS A RISK FOR NISSAN OR NOT.

- WHAT WAS THE PERSONAL THOUGHT PROCESS?

WAS THERE A CERTAIN "AHA" MOMENT?

- THE "AHA" MOMENT IS EVERY DAY.

I MEAN, I WOULD NOT BE DRIVING ALL OF THIS IF I SAW A RISK.

OBVIOUSLY, THERE IS NO GUARANTEE.

PEOPLE SAY, YOU KNOW, "HOW ABOUT THE GUY WHO'S MAKING"--

YOU KNOW, "DRIVING VERY LONG RANGE?"

WE DON'T CARE.

WE ARE NOT ADDRESSING THE CAR FOR THESE PEOPLE.

- TALK ABOUT YOUR MODEL FOR PROFITABILITY FOR LEAF.

- FRANKLY, I CAN'T GIVE YOU ANY ANSWER.

ANY ANSWER.

YOU NEED TO PREDICT THE FUTURE, PREPARE FOR IT.

YOU DON'T KNOW IF IT'S GONNA HAPPEN,

BUT IF IT HAPPENS, WE'LL BE READY.

A FEW BLOCKS FROM THE HOTEL ROOM

WHERE NIKOLA TESLA DIED PENNILESS 60 YEARS EARLIER,

ELON FACES HIS FINAL CHALLENGE:

SELLING TESLA TO WALL STREET.

THE OMENS ARE NOT GOOD.

THE NASDAQ IS DOWN 2% AND FALLING.

- EVERYBODY'S TALKING ABOUT ONE OF THE MOST HYPED IPOs

IN RECENT MEMORY: TESLA MOTORS.

IT SOLD 1,063 CARS.

I MYSELF HAVE SOLD 1,063 CARS.

YOU DON'T WANT TO OWN THIS STOCK.

YOU SHOULDN'T EVEN RENT THE DARN THING.

- WELL, BIG LOSSES ON WALL STREET TODAY

AS WE'VE BEEN REPORTING,

AND IT'S JUST THE SAME FOR JUST ABOUT ANY U.S. STOCK,

EXCEPT ONE:
TESLA MOTORS.

- IT IS UP.

IT PRICED ABOVE THE RANGE.

IT SOLD 20% MORE STOCK THAN IT THOUGHT IT WOULD,

AND IT IS STILL UP.

- SHARES OF THE ELECTRIC CAR MAKER TESLA MOTORS ARE UP.

- THE ELECTRIC CARMAKERS SURGED NEARLY 41%,

THE SECOND BEST IPO GAIN OF THE YEAR.

- SO THIS IS A VERY BIG INDICATOR TO SOME, NOT TO ALL,

THAT TESLA IS FOR REAL, A REAL CAR COMPANY

THAT'S GOING TO USHER IN THE FUTURE OF CARS.

- YOU KNOW, FOR A WHILE THERE,

WE HAD A LOT OF BLOGGERS MAINTAINING A TESLA DEATH WATCH.

- A DAY-BY-DAY COUNT OF HOW LONG BEFORE TESLA WOULD DIE.

- RIGHT, IT SEEMS THAT THAT MAY--

THEY MAY BE WAITING FOR A WHILE.

- IT SAYS, "NASDAQ WELCOMES ELON MUSK.

JUNE 29, 2010."

- YAY!

YOUR NAME!

YOU KNOW,

SOMETIMES SUCCESS IS THE BEST REVENGE.

GM'S RESTRUCTURING SEEMS TO BE WORKING.

THE COMPANY BEGINS TO PAY BACK ITS GOVERNMENT LOAN.

BOB'S PLUG-IN VOLT GOES INTO PRODUCTION.

- IT'S A THRILL. IT'S A THRILL.

I JUST WISH THERE WERE MORE OF THEM.

THERE WE GO.

IN GOES THE BATTERY.

ULTIMATELY, EVERY SINGLE CAR IN THE LINE WILL BE A VOLT.

MY OWN PERSONAL PROGNOSIS FOR VOLT SALES

IS WAY, WAY, WAY BEYOND

WHAT GENERAL MOTORS CURRENTLY SAYS.

- OKAY. - GENTLEMEN, HOW ARE YOU?

- HI. - WELL, GOOD TO SEE YOU.

- BILL. PLEASURE TO MEET YOU.

- IT'S GOOD TO SEE THAT THE LINE IS VERY, VERY BUSY.

- PLEASE SIGN MY BOOK FOR ME.

THANK YOU, MR. GHOSN. IT WAS AN HONOR TO MEET YOU.

- FOR AN ALL-ELECTRIC VEHICLE, IT MAKES ME FEEL

LIKE I'M ON THE FRONT END OF SOMETHING NEW.

IT'S A NEW WAVE.

I CAN LOOK BACK YEARS FROM NOW

WHEN IT BECOMES POPULAR.

I CAN TELL MY KIDS, "HEY, WE WERE ONE OF THE FIRS THAT CAME UP WITH THE NEW ELECTRIC VEHICLES."

IT'D BE ASTOUNDING TO BE ABLE TO TELL THEM THA IN YEARS TO COME.

- SO THE TOAST IS TO CREATING

THE GREATEST CAR COMPANY OF THE 21ST CENTURY

AND MAKING A REAL DIFFERENCE TO THE WORLD

AND MOVING US OFF [...] OIL AS FAST AS POSSIBLE.

AND GADGET FINALLY FINDS A NEW HOME.

all:
TEN, NINE, EIGHT, SEVEN, SIX,

FIVE, FOUR, THREE, TWO, ONE.

MIDNIGHT!

- WHAT DOES IT TAKE TO GET A PICTURE JUST YOU AND ME?

- WHAT'S NEEDED FOR THE REAL REVENGE OF THE ELECTRIC CAR?

TIME.

IT'S JUST A MATTER OF TIME.

- IT IS A LINE OUT OF SCIENCE FICTION

- RIGHT NOW, WE HAVE A DIRTY GRID,

BUT THE COOL THING ABOUT THE ELECTRIC CAR

IS THAT IT'S THE ONLY CAR IN THE WORLD

THAT GETS CLEANER OVER TIME,

BECAUSE AS WE CLEAN UP THE GRID,

AND THERE'S EVERY INDICATION WE WILL--

THE MORE YOU CLEAN UP THE GRID, THE CLEANER YOUR CAR GETS.

IT'S THE ONLY VEHICLE IN THE WORLD

THAT ACTUALLY GETS CLEANER THE LONGER YOU OWN IT.

- WHAT WE'RE PROVING IN ISRAEL

IS THAT WE CAN ACTUALLY PUT A SYSTEM IN PLACE,

AN EXTENSION TO THE GRID,

THAT WOULD GET A COUNTRY OFF OIL.

- SEE, THAT'S THE DIFFERENCE BETWEEN HAVING

A GAS-GUZZLING CAR AND AN ELECTRIC CAR.

THAT'S LIKE THE DARK AGES.

THIS IS THE NEW AGE.

THIS IS GONNA HAPPEN.

EVERYBODY'S GONNA WANT IT.

YOU WANTED THE INTERNET.

YOU'RE GONNA WANT AN ELECTRIC CAR.

- HI. - HEY, THERE.

- HEY, HOW YOU DOING? - GOOD.

- THANKS FOR COMING.

BEAUTIFUL. - SO THIS IS IT.

- OH, YEAH, THAT. THAT IS A BEAUTIFUL CAR.

THAT'S THE VOLT? - THAT'S THE VOLT.

- OKAY, LOOK AT THAT BABY.

THIS IS A CHEVY.

- IT'S A CHEVROLET, YUP. - OH, MAN.

THIS BETTER BE GOOD. - WHO'D HAVE THOUGHT, RIGHT?

- WHO'D HAVE THUNK I'D BE DRIVING A CHEVY?

- DID YOU DRIVE OUR EV1?

- YEAH. - YEAH.

- WAS THAT YOURS? - THAT WAS GM, YUP.

- OH, MAN, I LOVED THAT CAR.

- THAT WAS A FANTASTIC CAR. - OH, MY GOD.

YOU'RE NOT GONNA TAKE THIS ONE AWAY FROM ME, ARE YOU?

- NO.

- THAT'S THE MOST SOLID CHEVY I EVER DROVE IN MY LIFE.

SERIOUSLY.

- I DON'T WANT TO WAIT ANOTHER 60, 70 YEARS

BEFORE WE CATCH UP TO THE REALITY

THAT IT'S HERE NOW.

THESE INNOVATIONS ARE HERE.

BRING THEM TO ME.

I WANT TO PLAY.

- THE STORY HAS FADED FROM LOVE TO LIE

THE CLOVER UNDER YOUR FEE SHOOTING STAR IN THE NIGH PEOPLE UNDER YOUR FEE ARE SHOOTING STARS IN THE NIGHT

THE PEOPLE, ALL THAT YOU MEET

THEY'RE LIVING IN A DREAM WORLD

LIVING IN A DREAM WORLD

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