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Tesla stock tanks as company loses huge amount in Q2
Yahoo News ^ | July 24, 2019 | Emily McCormick

Posted on 07/24/2019 2:46:18 PM PDT by nwrep

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To: Jack Hammer
But... aren’t crowds of folks rushing out to buy electric cars?

"Hey, babe..."


“Why do you still own an regular car?”
“It’s there for when I want to go somewhere.”
“Then why the electric car?”
“That's for all the money it saves me.”
21 posted on 07/24/2019 3:43:32 PM PDT by sparklite2 (Don't mind me. I'm just a contrarian.)
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To: babble-on

No, of course they don’t generate power.

They are potential power cells, where smart communications can use a part of the charge during the day over and above what the owner knows he’ll need for the day. He sets it up so the power grid can use X amount of his charge. He sells it.

The Tesla can charge up overnight, or even charge up off batteries at home that have charged up during the day.

These will be used like Tesla home batteries are today. They dump back into the grid.

When the Tesla cars retire, the batteries will be used at homes and recharging centers.

In the next few months I’m looking to purchase a partial batter pack for a project I’ll have.

In ten years it will be very interesting to see how much this sector has grown. Over the last five years, it has grown considerably.


22 posted on 07/24/2019 3:44:05 PM PDT by DoughtyOne (This space for rent<)
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To: DoughtyOne

That does require your utility to offer differential power pricing to make sense for the user. Interesting thought though. I wonder if there’s a device that would switch a home or business’ power supply from grid to battery and back depending on a price signal.


23 posted on 07/24/2019 3:52:32 PM PDT by babble-on
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To: DoughtyOne

What information can you share on a partial battery pack?


24 posted on 07/24/2019 4:04:47 PM PDT by Cold Heart
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To: babble-on

I have a family member who generates power from a solar array. Part of their solar charge goes to the grid each day. They use part of their solar charge power. They use some from the grid. They uses some from their batteries.

Their bill last month was $20.00.

They are big electricity users and have almost no bill.

I mention this because there is obviously some sort of controller that manages all this for them.

Plugging in the car would essentially make it another home Tesla battery when it’s charged.

I read an article on this sort of thing recently, and eventually they expect tens of thousands of cares connected to the grid during the day, releasing come of their charge.

It’s an interesting concept. Gone, minimized, or augmented will be the great big power plant.

Think of it this way. You leave home after charging your car at lower rates. You need only 10 Kw to get home, and you have 55 Kw in the battery. You give the grid permission to use 40 Kw.

Electronically, this happens each day. You don’t even need to handle the process, until the weekend comes or a special event comes up, and you don’t want to participate.


25 posted on 07/24/2019 4:26:33 PM PDT by DoughtyOne (This space for rent<)
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To: nwrep

When a company that is struggling mightily suddenly has a quarter with record deliveries your spider senses should be tingling. It’s highly likely that they shipped product without buyers just to pump their numbers for the quarter. This accounting gimmick can obscure the true amount of the loss for one quarter. Wall Street is sometimes fooled but if the stock tanks then you have to assume their aware and of shenanigans.


26 posted on 07/24/2019 4:51:29 PM PDT by pepsi_junkie (Often wrong, but never in doubt!)
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To: nwrep
I'll see you and raise you 20


27 posted on 07/24/2019 4:54:57 PM PDT by ImJustAnotherOkie (All I know is The I read in the papers.)
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To: DoughtyOne

I know a clever guy who has been scamming the system with his electric car for several years now. He charges it up every day for free when he goes to work. When he goes home he plugs it in and discharges it into his government subsidized “solar” system. His system is hooked to the grid, but he doesn’t let the grid charge the batteries.

He lives south of rainy Portland Oregon so those solar cells don’t actually keep his batteries charged; he uses the car to do that. His solar cells are used mostly to sell power back to the power company. He denies that he is doing anything wrong, but if you think about the global use of his system... he is essentially selling the electricity that he gets for free from the taxpayers and ratepayers at the charging station back to the utility company using his system.


28 posted on 07/24/2019 5:09:13 PM PDT by fireman15
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To: DoughtyOne

How much did they pay for their solar array?


29 posted on 07/24/2019 5:13:20 PM PDT by DuncanWaring (The Lord uses the good ones; the bad ones use the Lord.)
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To: nwrep

Wait until the subsidies end....


30 posted on 07/24/2019 5:15:12 PM PDT by PAR35
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To: nwrep

All those car companies that jumping into electric cars with both feet should be worried


31 posted on 07/24/2019 5:16:03 PM PDT by butlerweave
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To: nwrep

https://www.youtube.com/watch?v=j52odgkRxDs


32 posted on 07/24/2019 5:17:40 PM PDT by butlerweave
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To: DoughtyOne
When the Tesla cars retire, the batteries will be used at homes and recharging centers.

The cars are likely to outlast the battery.

33 posted on 07/24/2019 5:18:58 PM PDT by PAR35
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To: TwelveOfTwenty
Apart from Tesla we’re down to two auto makers, and we need to keep what we have.

Toyota and Honda?

You certainly couldn't be referring to Mexican Fords or Chinese Buicks.

34 posted on 07/24/2019 5:20:31 PM PDT by PAR35
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To: lewislynn

“Buy a taxpayer subsidized Tesla then bitch about the person in front of you at the grocery store using their EBT card to buy groceries for their kids.”

LOL. You win the Internet today!


35 posted on 07/24/2019 5:23:32 PM PDT by steve86 (Prophecies of Maelmhaedhoc O'Morgair (Latin form: Malachy))
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To: fireman15

Yes he’s using the power from work provided to him by his employer, to sell back to the grid.

His employer has chosen to be nice and allow him to use the electricity to subsidize his commute.

He’s thanking the employer by diverting the energy for other purposes.


36 posted on 07/24/2019 5:42:34 PM PDT by DoughtyOne (This space for rent<)
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To: DuncanWaring

This is California, so I’m not sure what the outlay was.

It’s a question that needs to be answered.

I’ll check it out and get back to you.

I don’t know if it’s figured in and pays for itself over time, or if they had to cough up funds.


37 posted on 07/24/2019 5:43:51 PM PDT by DoughtyOne (This space for rent<)
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To: PAR35

check this out

It answers some of the warrant questions

The Model 3 seemed to be the only one with a battery warranty.

That may have changed since. Tesla has been changing things up, and I don’t know if this has been impacted.

https://www.engadget.com/2018/04/16/tesla-battery-packs-live-longer/


38 posted on 07/24/2019 5:46:53 PM PDT by DoughtyOne (This space for rent<)
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To: nwrep

What kind of cars run on batteries....toys.


39 posted on 07/24/2019 5:51:46 PM PDT by N. Theknow (Kennedys-Can't drive, can't ski, can't fly, can't skipper a boat-But they know what's best for you.)
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To: nwrep

Between that and the hyper loop pod exploding....all is well in Kusk world


40 posted on 07/24/2019 6:17:26 PM PDT by Nifster (I see puppy dogs in the clouds)
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