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Tesla shareholder sells home to load up on stock, and it’s already paying off

Teslarati

Purchased all shares slowly over last few weeks before earnings on margin in $128-139 range. “It was just too cheap to ignore. “I ordered a Model S in 2011 and took delivery in 2013. “Closed out margin today with house proceeds. Feeling good,” he Tweeted. Own 48,000 shares now. Have cash.

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ADB draft report says 3B Asians could become affluent by 2050; significant challenges

Green Car Congress

On a purchasing power parity basis, GDP per capita in Asia would rise to $38,600, compared with the projected 2050 global average of $36,600. On a purchasing power parity basis, GDP per capita would rise to only $20,300, or just over half of that under the Asian Century scenario. Asia 2050: Realizing the Asian Century.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

The AlixPartners 2011 Automotive Outlook finds that while automakers and suppliers have seen profits bounce back—North American original equipment manufacturers (OEMs) posted $12.5 million units in 2011 and only 13.6 pickup sales for 2011 are estimated to reach only 1.7 billion in 2010 profit on a net margin of 4.6%

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

The International Energy Agency (IEA) last week launched the 2011 edition of the World Energy Outlook (WEO), the current edition of its annual flagship publication assessing the threats and opportunities facing the global energy system out to 2035. —WEO 2011. —WEO 2011. Click to enlarge.

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Slow start for charge of the electric cars - Times Online

Tony Karrer Delicious EVdriven

Cheap to run but expensive to buy, they offer theprospect of low or zero carbon emissions, but manufacturers won’t sell themunless motorists want to buy them – and motorists won’t buy unless the priceis right and there are enough places to charge the batteries. Car buyers were less enthusiastic.