Tesla Partners With Bank To Offer Free 20 Mins Refueling Stop

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Mark Melin
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Is a new type of “gas station” being created for Tesla Motors Inc (NASDAQ:TSLA) in a bank drive through window? Do bank branches and Tesla refueling stations mix? The announcement today that Tesla Motors Inc (NASDAQ:TSLA) is opening Orange County, California’s first supercharger station might seem somewhat banial, until you understand where they are opening it: in a bank branch. The Union Bank retail branch in San Juan Capistrano, approximately mid way between Los Angeles and San Diego, will now offer Tesla drivers a free place to “fill up” their vehicles with an electronic charge. Why would a bank offer Tesla…

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.

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