Rolls-Royce share price: could the company be a Tesla competitor in the future?

first_img I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Could Tesla affect the Rolls-Royce (LSE:RR) share price? Here’s what I think. Currently, numerous Tesla competitors occupy a strange position in the market. Although they compete against a company with immense resources, many Tesla competitors have high valuations. For many bulls, it seems the thinking is, If Tesla is worth a lot, companies in the same sector as Tesla might be worth a lot too.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…We’ll have to see whether that thinking proves correct. Given Tesla’s bullish valuation, the market expects Elon Musk’s company to capture a lot of market share in the future. If that happens, many Tesla competitors might not have as much market share themselves. On the other hand, companies with great execution in the future could always beat expectations.Speaking of Tesla competitors, some investors believe Rolls-Royce could become one. Here’s why some think that and what I reckon it could mean for Rolls-Royce share price.Tesla competitor?When people hear the name Rolls-Royce, many think of aviation and aircraft engines. Indeed if Rolls-Royce and Tesla were to compete in a big way, I reckon it could be in the area of electric aircraft such as ‘flying taxis’. Given where emission regulations are going and how battery technology is expected to improve, electric flying taxis will likely be economically competitive one day.Since manufacturing quality aircraft engines is one of Rolls-Royce’s specialities, I think it’s only natural to think the company might enter the market to sell electric engines for those flying taxis in the future. If Rolls-Royce management decides on that path, I reckon the company could also come up with a flying taxi of its own one day.Given Tesla’s has immense financial resources, some investors think the company could also enter the electric aircraft market one day. If Rolls-Royce and Tesla both were to sell electric aircraft at some point, the two would could indeed be meaningful competitors.Whether that ever actually happens, however, is very uncertain. When asked about the potential for electric planes in the near term, Elon Musk said,I think it’s incredibly difficult to bring an aircraft to production and meet all the regulatory requirements worldwide. It’s a very difficult thing… It takes a massive amount of effort to do any one of these things, so you can’t do them all.Given Musk’s comments, perhaps it’s not likely that Tesla will compete in the electric aircraft market in the near future. Nevertheless, the market could be so huge that I believe it could still be a possibility in the long run.How I reckon it could affect the Rolls-Royce share priceBecause I don’t see Rolls-Royce meaningfully competing against Tesla any time soon, I don’t think the Rolls-Royce share price will benefit from being perceived as a Tesla competitor.Many believe electric planes that carry hundreds of people are decades away. Although electric taxis could become viable sooner, they could still be a quite a number of years off.Nevertheless, I’d still hold Rolls-Royce stock. I think the current Rolls-Royce share price is attractive given the company’s long-term potential in future green fields. Jay Yao has no position in any of the shares mentioned. The Motley Fool UK owns shares of and has recommended Tesla. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img See all posts by Jay Yao Jay Yao | Wednesday, 10th February, 2021 | More on: RR Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Rolls-Royce share price: could the company be a Tesla competitor in the future? I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

USU Football To Host Family Fun Day August 18

first_imgJune 25, 2018 /Sports News – Local USU Football To Host Family Fun Day August 18 Written by FacebookTwitterLinkedInEmailLOGAN, Utah-Per a Monday announcement, Utah State’s 13th annual Aggie Football Fun day is slated for August 18.The event will be on Merlin Olsen Field at Maverik Stadium with the fun for fans starting at 11:00 am MDT.This commences with a special State of the Aggies event at the West Stadium Center Champions’ Club.At this event, USU football coach Matt Wells, men’s basketball coach Craig Smith and Utah State vice president and director of athletics, John Hartwell will provide an update on the football and men’s basketball programs as well as the Aggies’ athletic department at large.The south concourse hosts games and activities at 1:00 pm MDT while Utah State’s football team will conduct a situational scrimmage at 2:00 pm MDT.For this event, both the south and west gates of Maverik Stadium will be open and all seating is general admission.For Aggies fans who would like to purchase season tickets at this time, the south ticket office at Maverik Stadium will open at 1:00 pm.Fans may also purchase mini-season plans and single-game tickets at this time.After the scrimmage, fans can get autographs from their favorite Aggies as well as participate in on-field activities. Brad James Tags: Aggie Football Fun Day/Craig Smith/John Hartwell/Matt Wells/Maverik Stadium/Season Tickets/USU Footballlast_img read more