Investments in clean technology are rapidly expanding, as individuals, nations, and society are becoming increasingly aware of the damaging effects of greenhouse gases. With very few pure play electric vehicle investment opportunities, we view ElectraMeccanica as a high growth investment opportunity for investors looking to participate in the growth of electric vehicles. We model over a 400% compound annual growth rate for revenue (CAGR) going forward to 2022, with the company achieving 24% gross profit margins by 2022. The only true public pure play comparable to ElectraMeccanica is Tesla (TSLA), which has greatly rewarded shareholders with a return of over 1,000% over the past five years. We believe EllectraMeccanica cannot be compared to
traditional automobile manufacturers, which trade at significantly lower trading multiples as result of their lower top line growth. General Motors (GM) trades for approximately .8x Enterprise Value to Sales, with their revenue projected to decrease over the coming years, as they seek greater profitability. We note a key advantage of Tesla over smaller companies such as ElectraMeccanica has been its extensive relationships with investors, allowing Tesla to attractively tap equity and debt markets as needed as it pursues profitability. As an early stage company and with a cash balance and working capital surplus of $1,588,772 and $926,324 respectively as of the second quarter of 2017, financing is a key risk factor for ElectraMeccanica. Tesla currently trades for 5.12X enterprise value to revenue on its 2017 consensus estimated revenue, which is a significant premium to other automotive companies. If ElectraMeccanica can achieve the strong top line growth management is expecting, our valuation indicates there is significant upside for current shareholders. Similar to Tesla, Snap Inc. (SNAP) and Amazon (AMZN) and other high growth equities, we believe the market will allow ElectraMeccanica to not be profitable over the short-term, as long as the company is exhibiting strong top line growth and capturing market share. Additionally, our discounted cash flow valuation model indicates a fair value of $ per share, roughly % above current prices.
Many students who are enrolled in FFA are already heading in the right direction to a bright future. FFA has many career benefits within the program. Any of the career development events (CDE’s) have something that will tie to a career in agriculture or to a career of other sorts. According to the National FFA Organization, “FFA members embrace concepts taught in agricultural science classrooms nationwide, build valuable skills through hands-on experiential learning and each year demonstrate their proficiency in competitions based on real-world agricultural skills”(“Statistics”). There are so many careers that tie into FFA, and many of them have to do with agriculture. Not every career that has to do with agriculture is about farming. There are so many different aspects of the agriculture industry that many people never think twice about. Most people are not interested in agriculture because they think it is just about farming or
Have you ever felt stuck? Wherever you are, it’s the absolute last place you want to be. In the book Into the Wild, Chris McCandless feels stuck just like the average everyday person may feel. Chris finds his escape plan to the situation and feels he will free himself by going off to the wild. I agree with the author that Chris McCandless wasn’t a crazy person, a sociopath, or an outcast because he got along with many people very well, but he did seem somewhat incompetent, even though he survived for quite some time.
The definition of grit is simple; it means being passionate about long term goals, and showing stamina to pursue them, but should students in public schools have a class dedicated to a grit-focused curriculum? This has become a major topic of discussion among teachers and mentors. Angela Duckworth, a professor of psychology at the University of Pennsylvania, claims grit is not a fixed quality but one that can be developed. Many disagree with her statement. Grit is something everyone all have within themselves, but some just do not utilize this characteristic as often or as well as others. Grit is a puzzling concept. Duckworth has had an obsession with grit for over a decade. Her obsession started when she visited West Point,
However ,the hauntings stopped once an old friend of Sethe’s from Sweet Home, Paul D, shows up on her doorstep one afternoon. Paul D plans on a new beginning with Sethe vowing to take care of her saying, “We can make a life” (55). Things do not go as planned when a girl shows up on their doorstep named Beloved. The name Beloved has significant meaning because when Sethe buries her daughter that was all she was able to get on the headstone. The life Paul D has in mind is disrupted as the the ladies begin to put together connections that Beloved just might be the baby who is murdered in the past. Sethe and Denver become attached to Beloved because of her absence from their life for so long. However, Beloved is only obsessed with the thought
Mr. Miller claimed that his wife, Mrs. Miller, had gotten drunk and fallen off the back porch of their house on March 31. He stated that Mrs. Miller had fallen at 5:35pm during the Ohio State vs Michigan basketball game, which he watched right after he had finished cutting and raking his grass. He knew his wife had fallen because he heard a scream and had looked down at his Rolex watch right away. Mr. Miller remembers seeing his wife in the grass face down, and he knew right away that she was dead. From there he did not call anyone right away, but at 6:10pm he called Officer Muldoon and claimed that his wife had just fallen a couple minutes prior to the call. After reading through Mr. Miller’s and Mrs. Cleaver’s, a neighbor, alibis and comparing them to the evidence from the crime scene, I believe Mr. Miller had killed his wife.
In December of 2010, the world’s first, entirely electric vehicle was introduced to the car industry and Nissan was responsible for launching this innovative car known as the Nissan Leaf (“Nissan Product Information”). According to business reporter Michael Strong, Nissan Motor Company’s CEO Carlos Ghosn previously set a goal of selling 1.5 million electric vehicles by the year 2016. However, in 2013, Ghosn announced that it is very likely that Nissan will not reach this goal. He believes this may be achieved four or five years later than expected. Ghosn and Nissan Motor Corporation have evaluated the weaknesses of the Nissan Leaf and have discovered the contributing factors in the surprisingly low sales (Strong). In this commentary, it will become evident if Nissan has made effective improvements to pick up sales of this innovative vehicle that could result in the future of cars all around the world. The reasons for their underperformance will be evaluated and their ability to make the necessary changes to improve sales will be evaluated. A SWOT analysis has been set up to analyze the Nissan Leaf, its strengths, weaknesses, opportunities, and threats. This will show if Nissan has made the necessary changes to better their sales of the Nissan Leaf.
The future American commuter will undoubtedly have to transition from the use of fossil fuels to new alternatives due to the diminishing availability of the nation’s oil resources. How will America respond to this upcoming issue? It is difficult to predict which alternative fuel source America will ultimately choose, but with the premier of Nissan’s electric powered Leaf and other companies; such as Tesla Motors and Chevy, with their electric cars ready for market, the electric car may be winning the race to become the new standard for the gasoline alternative. Electric cars resolve long standing environmental issues, but it will need to maneuver around many roadblocks to become a marketable consideration for the general public. The cost of electric cars, currently on the market, makes them an impractical purchase for the average consumer. If cost is not the growing concern in today’s economy which prevents the consumer from considering this option; they may deny the technological advance due to battery storage capabilities and the inadequate infrastructure in place to refuel and provide for them.
What makes a good person good? According to WikiHow, "We should learn to define our own morals ourselves. One of the simplest ways to do so is to love others, and treat them as you would like to be treated. Try to think of others before yourself. Even doing small things daily will greatly enrich and improve your life, and the lives of others around you." This quote shows us what we need to do in order to be what society thinks as, “good". In order to be a good person, you have to do good and moral things in your society consistently. However people might think that by doing one good thing once in a while will automatically make you a “good person”, but in reality it doesn’t.
Environmental concerns have been raised from time to time because of the dependency on the gasoline-fueled engine as the chief auto powertrain technology. This has resulted in exposing many automobile users to unpredictable prices of fuel. These issues were, however, the reason for the inception of Tesla Motors so as to bring into existence another set of automotive which serves the similar purpose; but uses another form of energy that being electricity to drive them instead of the disadvantageous gasoline-powered engine. This invention was influenced by a number of factors in terms of their planning and performance (Hunger, 2010).
Portfolio Project: Tesla Motors Case Study Tesla Motors (Tesla), founded in 2003 by Elon Musk, is an automotive company focused on enhancing Electric Vehicle market by creating optimum performance, all electric, vehicles for every class of consumer (Tesla Motors, 2015). In order to achieve such ambitious goals, Tesla Motors not only designs, but also manufactures, and personally sells the company’s electric vehicles (Hirsch, 2015). As additional quality assurance, Tesla Motors also designs, manufactures, and sells, electric vehicle power-train components, and battery products (Hirsch, 2015). Yet, despite the pivotal role Tesla’s self curated products play in the success of Tesla’s vehicles, the socially responsible company does not privatize Apart from Musk’s concise vision statement Tesla has a truly inspiring mission statement, “At the core, Tesla Motors believes that electric cars should not be perceived as a sacrificial mode of transportation. Tesla Motors has brought the best of both the automotive and technological worlds together by permanently etching the image of electric cars being a step backwards in performance, efficiency, and design” (Tesla Motors, Chiefly, and most apparently, it is the goal of Tesla Motor to generate demand for Tesla vehicles (Andrade, Holloway, Payne, Roy & Sheffield, 2015).
Tesla’s cars are positioned in the beginning of the growth stage of the product life cycle. The growth stage is a period of rapid market acceptance and increasing revenues. Tesla’s is reinvesting most of its profits back into the company in order to achieve lower production costs in the future. In the growth phase sales are rising and the market is not yet saturated (Kotler & Armstrong, 2014). As we see in the table below we notice a clear rise in Tesla’s revenue during the last 5
Tesla is highly recognized for its excellent lead in the enhancement of a sustainable future. In summary, there is a need for protecting the environment to become cleaner, greener and sustainable one. With the number of vehicles that operate globally on petroleum and diesel, the environment will be wasted and totally degraded in a short time. It is important to apply such new technologies for the better of the future. Tesla been a pioneer in this industry has brought about changes that can be applied to change the world. For this reason, as many companies as possible should embrace the strategy of Tesla in the development of a sustainable future.
Many teenagers are interested in getting a credit card, its a sign of maturity and responsibility. Numerous parents, on the other hand, do not think their teens would be able to handle that responsibility and that they need to learn money management skills. Being a teen is a hard age, they want to feel like an adult, and a credit card is a good back up for them if they don’t have cash,and a wonderful learning experience.
7. Stop Trying To Live Traditionally You may want a traditional life, and that is fine, but most of us need to get out of the conventional way of living to become a better version of ourselves. In other words, if it doesn 't fit with your authentic self, stop doing what is conventionally 'right '. Get ready for people to be upset with you, though. Your friends, parents, and peers that are living traditionally will judge you and try to make you feel as though you are not living life in the 'right ' way.
Animated family comedy movies usually follow a cliched plot involving a happy-go-lucky hero who has an adventure which involves defeating an evil villain, and living heppily ever after. Despite being shamelessly predictable and ridiculously simple, they are fun to watch and are favorites of many people. But what if we change the plot drastically, what if we destroyed the fun and jolly atmosphere of the movie, what if the hero is a character so grim and evil, despicable becomes an understatement? Would we enjoy the movie to the same extent, would we be able to accept the protaganist as the main character, and the most important question: will it still be fun to watch? If you want a movie which staisfies all the above constraints and is still