Tesla Motors Inc (NASDAQ:TSLA)’s Model S has been changing minds all over the world. Many, like Iron Man 2 filmmaker Jon Favreau, have preconceived notions that end up being changed after they drive the car.
Favreau returns Musk’s favor
Elon Musk is not only CEO of Tesla Motors Inc (NASDAQ:TSLA) but also SpaceX. Many have drawn comparisons between him and Iron Man Tony Star from the film series. In fact, some parts of the second movie in the series were actually shot at the SpaceX factory. As a thanks for letting him shoot there, Favreau decided to buy one of Tesla’s Model S.
Here’s a round up of hedge funds’ May returns
Tyro Absolute Return Fund was down 1.5% for May. The fund's main contributors in May were Super Micro Computer, which gained 1.6%, Shyft Group, which was up 1%, and GCI Liberty, which gained 1%. Detractors in May include Recro Pharma, which fell 2.6%, index shorts and hedges, which declined 2%, and DXC Technology, which was Read More
“I said ‘Aww, he’s making a car,” Favreau told Bloomberg. “‘Let me sign up for his little car. Let me make the guy feel good,'” Favreau told Bloomberg.
Favreau loves his Model S
The filmmaker also said he didn’t actually expect to like the car. In fact, he liked it so much that he ended up getting rid of his Mercedes. Favreau said he received his Model S in 2012 after Musk allowed him and his film crew to shoot inside SpaceX’s facility. He said it’s a good thing that Tesla Motors Inc (NASDAQ:TSLA) is having such a positive impact on the auto industry. He also said that the Model S shows car buyers that electric cars can indeed be cool and “compete on the same level as an internal-combustion-engine car.
And Favreau’s not the only one to give Tesla Motors Inc (NASDAQ:TSLA)’s Model S a rave review. The car has been garnering the praise of critics ever since it went on the market. Consumer Reports even gave it the highest rating ever last May, with a score of 99 out of 100. Customers have also raved about the car, spurring some major automakers toward developing better electric cars, while others simply try to ignore the rage that the Model S has become.
Shares of Tesla Motors Inc (NASDAQ:TSLA) have climbed by more than 50% so far this year, defying all odds as investors line up to reward the automaker for a successful electric car.