DoubleLine Funds’ Jeff Gundlach just spoke with CNBC’s Sara Eisen, and in a wide-ranging interview, included, Tesla.

Back in July, Gundlach said: “If I was Elon Musk, I might go to all the other auto companies and say, ‘I’ll make you a deal: I’ll get out of the car business, but let’s set up a long-term deal on you buying my batteries.” On Monday (11/24/14), Gundlach said Tesla had the ability to be a “major leader” but again reiterated that his bullish view on the company was about the batteries and the company’s technologies, not its cars.

Read the full article on Business Insider…

Here’s Value Innovations’ take on Gundlach’s comment:  “No it’s not cars.”  We respectfully disagree.  The Tesla S P85D, a 5 to 7 seat sedan weighing more than 2 tons, accelerates from 0-60mph in 3.1 seconds, is rated the highest quality car by Consumer Reports and the safest car ever tested by NHTSA.  Tesla will sell 35,000 +/- S Sedans in 2014.

The X SUV will roll off the Fremont production line in 2015 and Tesla forecasts they will sell 400,000 Model 3s in 2020.  The Model 3 is designed to compete with the BMW 3 Series.

Tesla is a car company but it’s much more than that.  It’s a NexGen energy company too!

Do you agree or not?  What are your thoughts?

 

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