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Tesla to begin trading stock on Tuesday 6-29-2010

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posted on Jun, 28 2010 @ 11:59 PM
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Tesla to begin trading stock Tuesday

Tesla Article

In one of the most highly anticipated IPOs in Silicon Valley history, Tesla Motors, the maker of all-electric cars that has yet to make a profit, will begin publicly trading its stock today.

In a sign of investor enthusiasm for the initial public offering — one of the most talked-about since Google's and the first for a domestic carmaker since Ford's in 1956 — the company announced Monday that it would sell 20 percent more shares than it had originally planned, and the stock's price was set at $17 a share, above the range the company had previously announced.

"It's a risky company, but Tesla has already beaten the odds," said veteran technology forecaster Paul Saffo. "They are going public for all the right reasons — they need money to take them to the next level."


The marketing of zero-point energy..and on to anti-gravity disclosure and marketing may be on the horizon.

Once the fat cats can market it and prove they can make money and control it they will begin releasing the technologies. Its not just gonna be cars folks




posted on Jun, 29 2010 @ 12:08 AM
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Dont Buy! Here's why.

Tesla cars are really nice But, they are very far from practical. They are Very expensive. Not as much as a Ferrari but tons more than a gas powered car.

Their cars are made with batteries that are dependent on oil to produce. And their cars use LOTS of these batteries.

There are other companies making electric cars cheaper that are more practical that I would rather invest me money in.

I don't want to invest in a company who makes Rich Boy toys. I want to invest in a company who will be part of the solution to solve this issue of dependence on oil. I don't see Tesla doing that anytime soon.



posted on Jun, 29 2010 @ 12:08 AM
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Huh?
A high end electric car using batteries (you plug it in to charge it) has something to do with "zero point energy" and anti-gravity?
www.teslamotors.com...

Can you explain that a little more?

Valued at $1.33 billion? Sounds like a repeat of the .com bubble.
blogs.wsj.com...

[edit on 6/29/2010 by Phage]



posted on Jun, 29 2010 @ 12:24 AM
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reply to post by Phage
 


Thats how it all starts simple (ex electric cars) then the other stuff comes. Be interesting to see how it unfolds over the next 5-10 years if it even does unfold.



posted on Jun, 29 2010 @ 12:25 AM
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reply to post by JohnPhoenix
 


Maybe Tesla Motors is deliberately marketing to the high end crowd
because that's where the investors are. Maybe later on down the road
they would produce something more affordable after they have a good
solid foot in the door for production. Even then it will be hard to compete
with the Asian Pirate Version which will most certainly arrive. Hopefully
by then we will have our Intellectual Property Rights, Patents, and International
Law Enforcement of these rights in order. I REALLY want to think positive on this one. Furthermore, I don't think we should pay another single dime to Asia
until they start cracking down on the massive rip off bootlegging OF OUR IDEAS,CREATIVITY,AND NEW INVENTIONS. If they wont, then we should calculate our losses and SUBTRACT them from our outstanding debt. Period.



posted on Jun, 29 2010 @ 12:27 AM
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Didn't he just the other day state in court that he is dead broke and is living off loans?

I think I wait.....



posted on Jun, 29 2010 @ 12:29 AM
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reply to post by superluminal11
 

Electric cars have been around for quite a while. (Though they don't usually cost $120k.)

Tesla Motors uses a lithium ion battery, nothing very special about it. Their plans seem to be to come up with a bit more affordable model though.
www.teslamotors.com...



posted on Jun, 29 2010 @ 12:31 AM
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Another Casino ploy from the Corporation to milk uncionable money from the vaunted name of Tesla.

For those who know Tesla and his papers on energy concepts, it was and have not been about batteries, but the transfer energy through the air. A real tesla car would not have batteries, but energy receptors that will tap onto a central or rely power sources.

Another dupe making excercise in the making, and when the rug is pulled, it ends up like another dot com bubble with the masses taken for a ride on the electric car.

Absolutely uncionable and misuse of a great and noble name whom could have freed mankind had not the Corporation been in the way.



posted on Jun, 29 2010 @ 12:36 AM
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reply to post by Phage
 


He didn't say it had anything to do with zero point energy, he just said it may be on the horizon, assumably because of the name Tesla being attributed to the company. The OP is making a leap of logic obviously, but there's no need to stuff the strawman here phage.
As to the value being inflated, well sure it is, now... did you ever see the price of Aluminum in the mid-1700's?



posted on Jun, 29 2010 @ 12:39 AM
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reply to post by SeekerofTruth101
 

Actually, Tesla did not believe in the transfer of power through the air. His stuff all depended on transmission through the Earth. One reason it wouldn't work.

While the spontaneous success of my lecture was due to spectacular features, its chief import was in showing that all kinds of devices could be operated thru a single wire without return. This was the initial step in the evolution of my wireless system. The idea presented itself to me that it might be possible, under observance of proper conditions of resonance, to transmit electric energy thru the earth, thus dispensing with all artificial conductors.


He got some other stuff wrong too. Here's what he thought about radio ("Hertzian waves").

As regards signaling without wires, the application of these radiations for the purpose was quite obvious. When Dr. Hertz was asked whether such a system would be of practical value, he did not think so, and he was correct in his forecast. The best that might have been expected was a method of communication similar to the heliographic and subject to the same or even greater limitations.

www.tfcbooks.com...




[edit on 6/29/2010 by Phage]



posted on Jun, 29 2010 @ 12:45 AM
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reply to post by Phage
 


"I am sure from the miserable anals of the earth you will be duly enshrined"-

B.B. Tesla was never wrong, you just have not fully understood him yet.



posted on Jun, 29 2010 @ 12:46 AM
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reply to post by Wildmanimal
 




B.B. Tesla was never wrong, you just have not fully understood him yet

I thought his name was Nikola? Never wrong? That's amazing. I had no idea.


[edit on 6/29/2010 by Phage]



posted on Jun, 29 2010 @ 12:50 AM
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reply to post by Phage
 

Radio...


Source
Otis Pond, an engineer then working for Tesla, said, "Looks as if Marconi got the jump on you." Tesla replied, "Marconi is a good fellow. Let him continue. He is using seventeen of my patents."

Power Transmission...


Source
2008: Intel reproduces Nikola Tesla's original 1894 implementation and Prof. John Boys group's 1988 follow-up experiments by wirelessly powering a nearby light bulb with 75% efficiency.[25]

Was Tesla getting it wrong or was Tesla getting screwed?



posted on Jun, 29 2010 @ 12:56 AM
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reply to post by JohnPhoenix
 



Tesla cars are really nice But, they are very far from practical. They are Very expensive. Not as much as a Ferrari but tons more than a gas powered car.



True...but they are nice. 245 mile range on one charge. 288 HP. 100% torque all the time. 0-60 in 3.9 seconds.


Yeah...I would get one if I had the cash. Not crazy about the body...but I could overlook that.



posted on Jun, 29 2010 @ 12:56 AM
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reply to post by twitchy
 

I didn't say Tesla wasn't an excellent inventor, he made some very good stuff. He seemed pretty happy that Marconi was using some of it. Doesn't that mean he was getting paid? (scratch that, I see he did get screwed) That doesn't mean he wasn't wrong about other things.

Intel's wireless power:

At the receiving resonator's natural frequency, energy is absorbed efficiently, just as a glass absorbs acoustic energy at its natural frequency. With this technology enabled in a laptop, for example, batteries could be recharged when the laptop gets within several feet of the transmit resonator, the company explained.

www.tgdaily.com...

While the receiver may be efficient, the transmitter has problems. Remember the inverse squared rule. That was the problem Tesla didn't really seem to get. It still applies.

[edit on 6/29/2010 by Phage]



posted on Jun, 29 2010 @ 12:58 AM
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Originally posted by Phage
Tesla Motors uses a lithium ion battery, nothing very special about it. Their plans seem to be to come up with a bit more affordable model though.
www.teslamotors.com...



- 0-60 mph in 5.6 seconds
Not too shabby.

And $50k is a lot more affordable than $120k but still far from cheap.

Too bad the batteries aren't charged with "free energy" as the OP inferred, or I would have shorted the stock.



posted on Jun, 29 2010 @ 01:12 AM
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Originally posted by Phage
While the receiver may be efficient, the transmitter has problems. Remember the inverse squared rule. That was the problem Tesla didn't really seem to get. It still applies.
[edit on 6/29/2010 by Phage]


I thought you might find this of interest...


www.hbci.com...
Tesla first believed that this stream was wire-absorbed air driven off by electrical pressure. Continual operation of the phenomenon convinced him that the projected stream was not air at all. Furthermore, he was not at a loss to explain the effect, but was reluctant to mention his own theory of what had been generated by high voltage direct current impulses.

Tesla made electrical measurements of this projective stream. One lead of a galvanometer was connected to a copper plate, the other grounded. When impulses were applied to wire line, the unattached and distant meter registered a continual direct current. Current through space without wires! Now here was something which impulses achieved, never observed with alternat­ing currents of any frequency.

Analysis of this situation proved that electrical energy or electrically pro­ductive energies were being projected from the impulse device as rays, not waves. Tesla was amazed to find these rays absolutely longitudinal in their action through space, describing them in a patent as "light-like rays". These observations conformed with theoretical expectations described in 1854 by Kelvin.

In another article Tesla calls them "dark-rays", and "rays which are more light-like in character". The rays neither diminished with the inverse square of the distance nor the inverse of the distance from their source. They seemed to stretch out in a progressive shock-shell to great distances without any ap­parent loss.

Unfortunately we will never know what he was going to kick around, about this time his lab burned down and his financial situation took a serious south turn, and anything of interest was confiscated after his death by the US government. Alternating Current won the battle, if only because of the ability to meter and charge people for their use of it.



posted on Jun, 29 2010 @ 01:37 AM
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reply to post by twitchy
 

I'm not sure what that has to do with the wireless transmission of electricity but he seems to have changed his mind about his electromagnetic longitudinal waves (rays) by the time he wrote that article in 1919. No mention of using them for the transmission of electricity through the air. It seems no one else has been able to detect them since. There is no theoretical or experimental evidence that a binary DC current (or anything else) can produce such an effect.

I think Tesla was a very good engineer and inventor but like most of his time, he did not have an understanding of the nature of electromagnetic radiation. He describes his longitudinal waves as being "light like". Light is not longitudinal. Electricity, yes, a good understanding. Mechanics, yes, a very good understanding. He performed interesting experiments but he often misinterpreted the results.

[edit on 6/29/2010 by Phage]

[edit on 6/29/2010 by Phage]



posted on Jun, 29 2010 @ 01:59 AM
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reply to post by Phage
 


B B = Buckaroo Bonsai. The BB at the beginning of the sentence was the initials carried over from the Quote from the movie in the 1st sentence.
Minor Grammar error can be seriously taken out of context here. I must
be cautious. Originally I was was aiming at humor reflected by your Avatar.

So no! Not BB Tesla!



posted on Jun, 29 2010 @ 02:02 AM
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reply to post by Wildmanimal
 

Really?
I'll have to watch again to find that quote.
Thanks...and apologies for missing it.




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