Electric Vehicles to Outperform
(6/7/2009)

The electric vehicle stocks could be one of the best stock gainers next year and we likely will have new stock offerings such as Tesla Motors among other private companies while several of the car companies will be selling electric cars.

Notwithstanding, the newsmedia will be writing more about the industry and President Obama will be talking incessantly about the need for more electricvehicles, which will urge analysts to write up the industry. Companies in the area will get buying in their shares and electric vehicle stock prices will go up substantially.

After President Obama gave his talk on the stimulous package the electric vehicle stocks did well. His entire talk was aboutreducing our use of oil and global warming and he talked about wind power and solar panels and a little about car carbonemissions, and with government owning a majority of the new General Motors there will be accelerated new interest in the hybrid and electric cars.

Interesting that Zenn Motors (ZNNMF)reported sales dropped almost 50% its last quarter and they had almost a two million dollar loss and the stock held its $4.50 stock price. Also, Zap Motors (ZAAP) has little money and is showing large losses and its shares went up over 300% the last several days from $.12 to $.40. Warren Buffet paid $230 million for a 10% position in BYD (BYDDF) because the company is making electric cars and the shares went from $2.00 to $4.50.

Lastly, Daimler AG gave Tesla Motors ,a private company, $50 million for a 9% position to get info on its electric battery and car.The only other publicly traded electric car company is Leo Motors (LEOM) which is selling about $.50 a share.