Audi Wants a Piece of Tesla’s Pie

Audi’s move is a sure sign that the auto industry thinks Tesla is a serious threat to established luxury carmakers. It looks as if Audi is positioning itself to be the go-to company for hybrids and zero emission vehicles. This definitely put pressure on Mercedes to ramp up production of its fuel-cell powered vehicles and Toyota to start building a fuel-cell powered Lexus.

$2 a Gallon Gas Prices Are Imminent in US

One has to wonder how low oil prices and gasoline prices can go. What will happen if gasoline falls to $1.50 a gallon or lower? That could boost the economy, but it will also hurt a lot of people, including those with oil company stock, oil industry workers, and Tesla stock holders. Expect to see a lot of economic chaos because of cheap gas.

The Giga Factory is a Go!!

Some other companies could win from the deal, including Mason Graphite Inc. (LLG), a Canadian company that owns a Lithium Mine in Silver Peak, Nev. Seeking Alpha commentator Randy Carson noted that the legislation approved on Sept. 11 requires the state of Nevada to build a direct road connection between the Giga Factory and U.S. Highway 50, which runs past Silver Peak. That’s important because lithium is the main ingredient in Tesla’s batteries.