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Short-Term TSLA Price Movements - 2015

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Norway to Divest Largest Sovereign Wealth Fund in World from Coal (link: the guardian).
As far as I know the fund's investments are made internationally.
Will some of that money flow into TSLA?
Norway's $900bn sovereign wealth fund told to reduce coal assets
Finance committee agrees fund which owns 1.3% of all listed companies globally should sell stakes in firms generating more than a third of income from coal
Norway’s $900bn sovereign wealth fund, the world’s largest, should cut its exposure to the global coal industry and sell stakes in firms that focus on the sector, a key parliamentary committee said on Wednesday.
The finance committee agreed in a bipartisan motion that the fund, which owns about 1.3% of all listed companies globally, should sell stakes in firms that generate more than 30% of their output or revenues from coal-related activities.
[...]
The law still needs to be approved by parliament and the final vote is due to be held on Friday 5 June.
 
GM has difficulities recruiting software talent as Millennials, in particular, want to work for sexy startups (Tesla Motors?! ;) ) or for famously fun outfits like Google:
Ken Kelzer, GM’s global head of vehicle components and subsystems:
"But recruiting software talent, especially campus recruiting, is very difficult”
- to the point, he notes, where some of GM’s suppliers have given up trying to hire their own developers and are now buying software companies outright.
[...]
Stacks of surveys show that Millennials, in particular, want to work for sexy startups or for famously fun outfits like Google. About 60% of 2015 grads in a new Accenture poll said they would choose a job at a company with a “positive social atmosphere” even if it paid less, while only 15% said they’d consider working for a huge global corporation.
[...]
Building ever more sophisticated electronics in cars “takes an army,” says Kelzer. “Even developing just a state-of-the-art dashboard infotainment system can take 800 or 1,000 people.”
[...]
GM is clearly optimistic about its ability to attract more IT talent. Earlier this month, the company announced a plan to invest about $1 billion to expand its Warren Technical Center, in Warren, Mich. The R&D facility, which already employs about 19,000 engineers and techies, will add 2,600 new jobs.
(link)
 
These news stories are just now hitting trading desks (I'm not saying these are 100% true):

TSLA - Tesla and Gaelectric to Introduce Tesla Battery Storage to Ireland

+++ TSLA Hearing GOOG has once again held private talks with Tesla Motors, Inc. (TSLA) regarding a major stake in the company or a possible joint venture. Sources hear either scenario worth $280-$300 per share-unconfirmed
 
These news stories are just now hitting trading desks (I'm not saying these are 100% true):

TSLA - Tesla and Gaelectric to Introduce Tesla Battery Storage to Ireland

+++ TSLA Hearing GOOG has once again held private talks with Tesla Motors, Inc. (TSLA) regarding a major stake in the company or a possible joint venture. Sources hear either scenario worth $280-$300 per share-unconfirmed

I'm not sure I believe that this is going to happen, but...Google I/O is today.
 
Honestly, this is the kind of statement from a large, stable business customer that makes analysts drool. This national utility-scale customer basically just said we are going to give juicy revenue to Tesla because their products flat out save us money and reduce risk in our business, and we are not even considering anyone else, because there is noone else providing a solution that even comes close. That is an investor's dream right there:

Commenting, Gaelectric Head of Energy Storage, Keith McGrane, said:

"The accelerating pace of storage technology development and its application to how we generate, use and store power is truly astounding. Much of these developments are around incorporating greater amounts of renewable power while protecting the stability of our transmission systems and controlling costs. Tesla is the vanguard for the revolution that is currently underway."
 
StreetInsider on the collaboration with Gaelectric:

Gaelectric and Tesla (NASDAQ: TSLA) today announced the purchase and planned deployment of Tesla Energy's first battery power utility-scale project in Ireland. The two companies are collaborating to develop a pipeline of multiple battery projects to build new transmission system services required to facilitate the integration of renewable energy sources such as solar and wind. The initial demonstration project, 1-MW in size, is targeted for deployment in 2016.

Together, Tesla and Gaelectric are focused on exploring the development and demonstration of innovative business models for energy storage within transmission systems. Specifically, exploring opportunities for other Tesla Energy products in residential and commercial applications. Ireland has many compelling features for the commercialisation of the Tesla Energy product range given its scale and ambitious renewable energy targets and favourable regulatory framework. Investigation of other European markets also forms part of the collaboration.

Tesla is amplifying efforts to accelerate the move away from fossil fuels to a sustainable energy future with Tesla batteries, enabling homes, business and utilities to store sustainable and renewable energy to manage power demand, provide backup power and increase grid resilience.

Commenting, Brendan McGrath, Gaelectric Group CEO, said:
"We are delighted to be associated with Tesla in introducing its battery systems to Ireland. As a renewable energy group with a pipeline of 500 MW of wind power in Ireland and energy storage projects in Ireland and Europe, Gaelectric has an obvious incentive to drive the adoption of technologies that facilitate the economic dispatch of wind and other renewable sources."

Commenting, Gaelectric Head of Energy Storage, Keith McGrane, said:
"The accelerating pace of storage technology development and its application to how we generate, use and store power is truly astounding. Much of these developments are around incorporating greater amounts of renewable power while protecting the stability of our transmission systems and controlling costs. Tesla is the vanguard for the revolution that is currently underway."

Gaelectric Energy Storage Ltd. was established in 2006 by Gaelectric Group to progress grid-level energy storage technologies, including compressed air energy storage (CAES) technology with a 330 MW project near the town of Larne in Northern Ireland. The Group has established positions in onshore wind generation in Ireland and the United States.
 
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