Norway may not seem much like the California of Europe, but for one company the country fits the bill. Tesla Motors Inc (NASDAQ:TSLA) is invading the European market, but it is starting with the Scandanavian country. The Tesla Model S was the best selling car in Norway for the month of September, and the fast uptake makes the country the perfect platform for expansion into Europe. Norway is Arctic cold, it’s in the middle of an oil and gas boom and its got a population of just five million. Those aren’t the basis of the Tesla Motors Inc. (NASDAQ:TSLA) characterization…
Tesla Motors Inc (TSLA) Sees Norway As Europe’s California
HFA Staff
The post above is drafted by the collaboration of the Hedge Fund Alpha Team.
Comments are closed.