Attorney at Law
Contributor's Links: IPO-Law

I am a lawyer and accountant who's devoted over three decades to advising clients on complex corporate finance, disclosure and reporting, and corporate governance issues. I've held board seats and executive suite positions in the mining, oil and gas and battery industries, and served as ... more

ALL CONTRIBUTIONS

E Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure
Without rock-solid battery material supply chains, Tesla’s gigafactory is a $5 billion boondoggle with no alternative utility. Pretending that precarious cobalt supply chains are a non-issue is irresponsible.
Read
E Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
Tesla is very concerned that cobalt will become an insurmountable barrier to growth. Institutional investors are becoming increasingly unwilling to feed Tesla’s insatiable appetite for capital.
Read
A Day Will Come When Lithium-Ion Battery Recycling Is Practical, But It Is Not This Day
Over the last five years, dozens of companies have launched stationary battery systems for residential and commercial use. While the hype level has been high, the market’s response has been tepid if not cool.
Read

Comments

Latest Comments
Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure
7 days ago

I think the most likely explanation is pressure from institutions that want out but can’t sell into the market without crushing the price because they own so much stock.

In a going private scenario XYZ and Musk could each say “we loved the company but our policies don’t let us own illiquid securities. So we’re reluctantly taking the cash.

In this article: TSLA
Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure
8 days ago

In a March 2016 article I referred to the cobalt cliff as the biggest Oops in the history of supply chain management.

miningpundits.com/.../ev-batteries-and-the-cobalt-cliff-the-biggest-oops-in-the-history-of-supply-chain-management/

In this article: TSLA
Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure
8 days ago

If its any comfort I'm baffled too.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
8 days ago

It should also be a ton of fun for individual stockholders who hold Tesla shares in margin accounts and won't be able to use private fund shares as collateral.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

It's a fascinating circus to watch. I have no idea how Mr. Musk thinks he can fund a going private transaction when most institutions can't own shares in companies with limited liquidity, but I've been surprised several times over the course of my career.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

My next article is tentatively titled "Tesla’s Cobalt Blues; Growth Fallacies and Supply Chain Risque Majeure." I hope to habit it ready for publication tomorrow morning.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

There were no credible emerging battery technologies when I started blogging 10 years ago and there are no credible emerging battery technologies today. In the battery industry it takes a decade for an innovation to go from Eureka! to first commercial product, another decade for an innovation to go from first commercial product to performance optimized product and yet another decade to go from performance optimized product to cost optimized product.

I've been reading holy grail stories on a regular basis for the past decade. None of them have delivered on the bold promises.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

Danny, would you classify it as spin if one of your co-workers took credit for your projects as well as his own?

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

Mike, I’ll never forget the phrase in that Paul Newman prison farm movie, “sometimes nothing is a real cool hand.” Compared to Mr. Musk I have nothing other than the truth.

In this article: TSLA
Tesla’s Cobalt Blues; Spin, Fake News Or Deception?
9 days ago

Many thanks for the kind words Bill.

In this article: TSLA
1 to 10 of 11 comments
1 2

STOCKS I FOLLOW

AXPW AXION POWER INTL INC
ENS EnerSys
GE General Electric Company
GRID First Trust NASDAQ Clean Edge Smart Grid Infrastructure Index Fund
INTC Intel Corporation
JCI Johnson Controls Inc.
KCG Knight Capital Group Inc.
MXWL Maxwell Technologies, Inc.
NSC Norfolk Southern Corporation
TM Toyota Motor Corporation
TSLA Tesla Motors Inc.
USO United States Oil Fund, LP
Load More

TWEETS

LATEST ACTIVITY

John Petersen Commented on Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure:

I think the most likely explanation is pressure from institutions that want out but can’t sell into the market without crushing the price because they own so much stock.

In a going private scenario XYZ and...

more
John Petersen Commented on Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure:

In a March 2016 article I referred to the cobalt cliff as the biggest Oops in the history of supply chain management.

miningpundits.com/.../ev-batteries-and-the-cobalt-cliff-the-biggest-oops-in-the-history...

more
John Petersen Commented on Tesla’s Cobalt Blues; Growth Fallacies And Supply Chain Risque Majeure:

If its any comfort I'm baffled too.

All Posts

PERSONAL BLOG

Latest Posts

Work Experience

Education

Publications