TSLA Stock: This Is The Next Big Market For Tesla Motors Inc.

  • Buz Investors Next Big Market For Tesla  As the winter months are upon us, those in the north are probably wishing they were somewhere that wasn’t about to freeze over and be buried in tons of snow. ForTesla Motors Inc (NASDAQ:TSLA) management,
  • I guess they figured that Spain would be a sunny enough getaway, as the company officially opened “Model S” and “Model X” sales in preparation for stores to be opened in Barcelona and Madrid next year.
  • This is, of course, big news for TSLA stock. Spain was one of the last holdouts in Western Europe for Tesla and, with the introduction of the company’s products to the market, TSLA stock continues its march toward world domination. (Source: “Tesla officially opens Model S and X sales in Spain, deliveries starting in Q1 2017 [Updated],” Electrek, December 2, 2016.)
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Next Big Market For Tesla

Buz Investors Next Big Market For Tesla  As the winter months are upon us, those in the north are probably wishing they were somewhere that wasn’t about to freeze over and be buried in tons of snow. ForTesla Motors Inc (NASDAQ:TSLA) management,

Next Big Market For Tesla This is, of course, big news for TSLA stock. Spain was one of the last holdouts in Western Europe for Tesla and, with the introduction of the company’s products to the market, TSLA stock continues its march toward world domination. (Source: “Tesla officially opens Model S and X sales in Spain, deliveries starting in Q1 2017 [Updated],” Electrek, December 2, 2016.)

To be fair, Spain isn’t a particularly large automotive market, especially when it comes to luxury cars.

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Next Big Market For Tesla

 

The country was hit hard in the Great Recession, and it has experienced a slower recovery than most. What is worth noting, however, is that the expansion into Spain by Tesla not only brings cars to the market, but also the company’s energy products: solar and home battery packs.

And remember that sun I mentioned? With SolarCity Corp (NASDAQ:SCTY) newly acquired by Tesla, it wouldn’t be a stretch to see solar panels show up in the Spanish market. Spain has one of the highest average electricity rates in Europe, so it would certainly be open to alternative energy sources.

 




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Jadtecnic

Richard Dambrosi (JADTECNIC) Has Been Sharing FOREX INVESTORS ANALYSIS FORECAST since 2011. Editors and Founder of InvestorsBuz.com, has a passion for Forex Social Sharing analysis and Market Trends Such as Self Driving Cars, Electric Cars, Medical Marijuana, 3d printing and Cloud computing, Refers to Readers as BUZ INVESTORS.

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