Is Tesla Motors Inc (TSLA) the Future of Transportation, or Is the Market Insane?

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Finally, although I said that Tesla is probably the only well-established electric-car marker at the moment, this could change any moment. I doubt a new player will appear all of a sudden, because barriers to entry are not that low. However, a giant like Toyota Motor Corporation (ADR) (NYSE:TM) has both the resources and technology to become a formidable competitor. Toyota, after all, provides the only other car available for this year that has an electric-only range of over 100 miles: the Toyota RAV4 EV. Ironically (but not surprisingly), the powertrain and battery of this car has been engineered by Tesla Motors.

Adrian Campos has no position in any stocks mentioned. The Motley Fool recommends Ford and Tesla Motors . The Motley Fool owns shares of Ford and Tesla Motors.

The article Is Tesla the Future of Transportation, or Is the Market Insane? originally appeared on Fool.com and is written by Adrian Campos.

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