Saturday, April 27, 2013

Tesla vs. Clean Energy Fuels Corp.

An article comparing several aspects (including financial) Tesla Motors electric vehicles and Clean Energy Fuels plan for nationwide natural gas infrastructure for transportation.
  • Tesla's stock price has more than doubled since it went public in 2010.
  • Clean Energy Fuel's stock price has had peaks and valleys, but is at about the same price now as it was in 2008.

  • In 2011 Tesla lost $2.53/share. In 2012 the loss was $3.69/share.
  • In 2011 Clean Energy lost $0.68/share. In 2012 the loss was $1.16/share.

  • 4,750 Tesla S models have been sold through the end of March 2013.
  • Clean Energy Fuel deliveries in the 4th quarter of 2012 were up 25% from deliveries in the same quarter in 2011.

  • The U.S. government has been pouring billions into EV manufacturers and battery research.
  • The "Nat Gs Act" remains stuck in Congress.

  • In today's market, the Tesla is dirty. 40% of grid electricity in the U.S. is generated by burning coal. Manufacturing the batteries for EVs requires the use of electricity as well.
  • Natural gas is cheap, emits half as much CO2 as coal when burned, 30% less CO2 than gasoline or diesel, and none of the toxic particulate emissions of coal, gas or diesel.

The article recommends the natural gas/electric hybrid as the best engine architecture. Toyota produced just such a concept vehicle in 2008. It had a range of 250 miles, emitted zero toxic particulates, no plug-in, the car itself is affordable, and the fuel is cheap and domestic.

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