Tesla Motors Inc (TSLA): Did This Just Take Away Its Biggest Selling Point?

Tesla
Tesla Motors Inc (NASDAQ:TSLA)’s also in a very interesting place — ideally placed among automakers, you might say, to profit from this investment news. It’s the only car company currently powering its vehicles with an array of (many, many) cell phone batteries. As such, it’s probably closer in scale already to what Khare’s device will be able to accomplish, than are rivals like Ford and Nissan, whose electric cars are powered by fewer, larger car batteries.

On the other hand, this week’s investment news also holds peril for Tesla Motors Inc (NASDAQ:TSLA). One of the company’s key advantages in the electric-car market — and one reason it’s been able to charge upwards of $100,000 for its electro-buggies, while its rivals tend to circle the $40,000 price point and below — is the fact that Tesla Motors Inc (NASDAQ:TSLA)’s battery design permits its cars to drive as far as 300 miles without recharging.

In a world where recharging a car battery was a 12-hour-long proposition, that gave Tesla Motors Inc (NASDAQ:TSLA) a decided advantage. Factor in today’s investment news, though, and the possibility of recharging an electric car’s battery in less time than it takes to fill up the tank on an ordinary car… just might have taken away Tesla’s biggest selling point.

The article Investment News Flash: California Teen Invents Super-Battery originally appeared on Fool.com and is written by Rich Smith.

Motley Fool contributor Rich Smith has no position in any stocks mentioned. The Motley Fool recommends AeroVironment, Ford, Google, Intel, and Tesla Motors (NASDAQ:TSLA). The Motley Fool owns shares of AeroVironment, Ford, Google, Intel, and Tesla Motors.

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