Emerging Markets Report: A Little ‘Juice’ for the Tesla
ORLANDO, FL / ACCESSWIRE / May 3, 2017 / Head-turning news in April put a bow atop the wave of change that is the electric car revolution. Once denounced as the folly of tree huggers and billionaires with too much time on their hands has now become mainstream, accepted, and part of both the automotive culture and a collective national conscience.
And they’re selling like hotcakes. The aforementioned news that shook the automotive world and ran on most major news outlets was that the most valuable car manufacturer in the United States isn’t General Motors or Ford.
It’s Tesla.
According to a recent article in Bloomberg, Tesla’s market cap has surpassed the venerable American motor car mainstays, hitting nearly $51 billion. It’s also closing in on international car behemoths like Honda. (Source: https://bloom.bg/2plHt2f)
Enter the coattail stocks, those who provide the picks and shovels for the electric car gold mines. One such equity positioned on the literal highway of electric car opportunity is Lot78, Inc. (OTC PINK: LOTE) which offers an innovative, even stylish line of electric car charging stations to serve the electric car revolution called Juice Bars.
Take a look at Lot78’s “Juice Bar” charging station concept on their site. They’re somewhat modular and brandable, allowing for advertising partnerships and other marketing options.
Assuredly, there are many public companies rushing toward the potential cash cow of the electric car industry. Few among them will have the news cycle that Lot78 just posted over the past few months including releases denoting approval by the United States government for Juice Bar stations in federal facilities, expansion opportunities in Canada and a deal with the Santa Monica Utility District to fuel their electric cars. (see LOTE news here: https://yhoo.it/2pyFlW6)
Want proof of concept in the market? A deal with a government agency is a start and as Lot78 and its Juice Bars look to gain traction, the electric car market looks to be certain and solid ground.
For more information on LOTE visit: http://track.rimrket.com/f0d800e7-0036-432c-8ded-a1924cb4338c
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SOURCE: Emerging Markets Report
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