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IBDvalueinvestin (99.63)

Race to Fuel Cell Cars by 2015 is on..

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March 10, 2014 – Comments (1) | RELATED TICKERS: HMC , TM , TSLA

Honda looks to be ahead of Toyota in the Fuel Cell race as the linked artcle will show. Toyota has already said its trying for 2015 but added a maybe?

Why all of a sudden are the big boys finally racing toward Fuel Cell Production cars?

Its simple its called competition in the name of Tesla. 

There is no better incentive to technological advancement than the fear of losing business to a competitor and this is also the driving force for fuel cell cars.

But beware of the naysayers, remember when TSLA shares were trading in the 20's not too long ago.

You would have thought the company was headed to $0 instead of $200+ by all the ramblings of the naysayers. The problem is that those naysayers did indeed rich themselves with cheap shares prior to TSLA shares skyrocketing. It was at the expense of the little guys that got scared out in the $20's after repeated attempts by TSLA shares to get over $30 would fail due to so many naysayers reports popping out of the woodwork against TSLA.

Now its Fuel Cell stocks turn, BLDP, PLUG, FCEL, HYGS 

The pendulum shift is occuring in the Fuel Cell sector as the companies are on the verge of profits for the first time. The naysayers will want you to believe otherwise like they did with TESLA.

 

Honda Motor Co. is ratcheting up its investment in fuel cells, rolling out a futuristic new concept vehicle, and announcing plans to launch a hydrogen-powered production car in 2015.

1 Comments – Post Your Own

#1) On March 10, 2014 at 8:58 PM, IBDvalueinvestin (99.63) wrote:

Elon Musk - Tesla CEO predicts half the cars will be electric in 15 years.

Revenge of The Electric Car 

http://www.revengeoftheelectriccar.com/

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