Posted on 04/20/2023 12:25:47 PM PDT by Tell It Right
Tesla is down 11% today.
So if I'm right, the way to avoid the kill switch is to avoid not just new EV's, but also new ICE cars too.
Tesla stock is currently at $163. a share. That’s still too high for me, a mere novice investor, lightly dabbling in the equity market, but if it sinks a little lower, it may be time for a test run with just a few shares. Like with any investment, you have to when to hold them and when to fold them.
you can get the same benefits without all the hassle and cost by getting a street legal golf cart. 10% of the cost, twice the fun.
I'm an advocate for free market and hate the Dims trying to force EV's onto people. My wife and I like our EV enough to do most of our driving in it, including most of our trips. But even with that, I would suggest nobody run out and buy one without looking at their situation and making sure it's best for your driving situation (see comment # 14). And even then I'd probably wait until one of your current cars is giving up the ghost and has to be replaced anyway (best time for you).
I wouldn't get it for trips unless most of the places you'd drive (for us anything past 700 or so miles we'll fly) has an ample supply of fast chargers to choose from (easy to research) and your wife wants to stop every 200 or 250 miles or so to use the restroom or walk around. LOL I haven't driven on a long trip without my wife since we got the EV, but whenever that day happens I'll probably take the ICE pickup.
Well, wait a second. When I do the math I might decide to take the EV. It takes 10-15 minutes to charge every 200+ miles, vs filling up my ICE pickup in 5-7 minutes every 350+ miles (my personal limit). So on a 500 mile trip in the EV I'd stop twice for a total of 20-30 minutes, and in the ICE pickup I'd stop once for 5-7 minutes, but spend a lot on gas (perhaps $40-$50 more for gas than for charging at today's prices). So the question is if saving $40 is worth waiting an extra 15 to 20 minutes. I guess it'd depend on how big of a hurry I was in.
“I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff”
????????????????????????????
Sorry, it’s neither of those.
What Musk has done with Twitter is unforgivable to the Liberal Globalistas, exposing their agenda. The long knives are out for him at every turn.
I’ll guarantee the market thinks he’s going to pull money again out of Tesla, like he did on several occasions when buying titter. There’s no doubt that it could be down for Myriad reasons but I’m sure that the market thinks he’s going to sell more of his shares to fund his other Enterprises
Tesla stock is on sale? Time to buy!
Anyone buying an EV at this time is a fool.
I have a friend heavily invested in Tesla, and this is what I have been telling him.
He doesn't want to believe that. He wants to believe that all problems with electric vehicles will just magically resolve.
I told him that in my opinion, the only reason Tesla has done so well as it has is pie in the sky dreaming by people who want to believe in electric cars.
I am interested in hearing how hydrogen fuel cells make any sort of sense. Hydrogen is a very dangerous gas to play with, and there is no infrastructure to deal with it either.
How do you see us going to hydrogen fuel cells?
How big of a battery storage system do you have and how much did it cost you?
I've been wanting to do this for awhile, but what i've learned is the big bottleneck is the cost of the batteries. The solar panels are way cheaper than putting together an adequate battery system.
This is another thing i've told my friend who is heavily invested in Tesla. Musk now has a lot of very powerful enemies trying to destroy him. The word has gone out among liberals, whom I believe were his primary customers, that he's a bad guy because he isn't supporting liberal positions and he's allowing "hate speech" on Twitter.
Not to mention how he's screwed up the government's quiet censorship by exposing it.
I should not be surprised if Musk and all his associated companies are now going to go through some extended periods of "bad luck."
The much bigger issue is the lack of infrastructure to generate and distribute the electricity to charge them while still delivering enough power for everything else. Also, just imagine how huge a “gas station” (EV recharging equivalent) would have to be in the middle of nowhere on one of the major interstates. The long recharge time means that an interstate charging facility would have to be massive compared to a conventional gas station because of the dwell time of each customer vehicle. When cars are in and out in five minutes, you only need so much space and so many gas pumps. But when cars have to sit there for 30 to 45 minutes, or more, the number of charging stations and space to accommodate all of the idle vehicles has to expand exponentially. Plus, where is some recharging station out in the middle of the Utah desert going to get the massive amount of electricity needed to charge all of those vehicles simultaneously? Today, they only need enough power to run the lights and gas pumps. The fuel is delivered by tanker trucks. Well, electricity (the “fuel”) is certainly not going to be delivered by trucks, and it’s not going to be delivered by the existing relatively low-voltage lines.
That's exactly right. It's surprising how many so-called "conservatives" can't see that this is the true endgame. The EV/"all electric" has zero to do with the environment. It has zero to do with "the climate." It's about governmental control over the people.
China out selling them?.
Joey turns light out
I think we will test bottom again in a few months but it’s all up after the next quarter’s results.
I initially did 30kWh for $10K for a year as a kind of Phase I to try it and make sure my estimates were good. After having it for half a year (summer and fall) I converted my two natural gas appliances to electric and did a winter. On the 1 year anniversary of owning the solar system it has provided 58.5% of all the power we consumed. So I implemented Phase II (what I wanted all along after I was sure it worked well enough to go all in), which was triple the battery storage, doubled the solar capacity (form 10kW to 20kW) and double the inverter capacity (from 9kW to 18kW continuous DC to AC power) and got an EV when my wife's car was needing replaced anyway. The EV was bought in June 2022 and the solar upgrade was completed last day of August 2022. Since Sep 1 it's produced 73.4% of my power, and that's just fall and winter. Now that we're getting into spring and summer the average for the year will be well over 80%.
If you want nerd level details on the financial planning for it, it's at https://freerepublic.com/focus/news/4127577/posts?page=51#51. One thing that's changed is I'm in the process of getting the permit to sell power to the grid. There's a smaller fee that's a 2nd option from the main "solar fee". This 2nd option is often larger for some people, but not for me (the beauty of my inverters recording lots of data in 5-minute candles, importing that into a database and analyzing it with SQL queries and a homemade C# app to recreate the power bills for the past 12 months with the different rate plans to see which one is best for our power consumption habits and solar power).
Do not do this lightly. Do your homework diligently to make sure it's best for your situation. And if you decide to go through with it, do even more homework to make sure you spend enough on each component but not more than you need (law of diminishing returns) and also to have an overall design to make all the components work better as a whole than the sum of their parts.
“ I’m sure it’s the rocket implosion and the failing EV sales. He’ll start pulling more moola from Tesla to fund that stuff”
************************************************************
You know that this morning’s launch was a TEST. The end result of that test launch was going to be total destruction of all rocket stages whether fully successful or not. There was no plans to recover/reuse any components of this initial launch. There are further tests planned with other copies of the rocket that have already been manufactured. I;m sure as a result of this first test launch there will be some modifications of physical components, software and procedure. It’s a learning experience. Just sayin’.
With “connected” cars they can shut off your ICE vehicle just as easily in the future.
Amen. You are clearly building a much more robust system than I had in mind, but I tend to be frugal with power consumption.
One of my issues is return on investment. At the numbers you are talking about it would seem like it would take an inordinately long time to recoup the money you've spent on the system.
While I can afford to build a system like yours, the issue of how long it would take to pay off would nag me, and I just couldn't do it. I'm a cheap skate by nature, and building such a system with no payback for a long time just bugs me.
What I am looking at is finding a good source of lithium Iron Phosphate batteries for a low price and building my own. Electronics is what I do and I would have no problems building my own system. Trouble is, you cannot find LFP batteries at reasonable prices right now, and no other storage system of which I am aware comes close to what LFP batteries are capable of.
But I'm glad you gave me the details of your system. It sounds like a very good system.
So we added insulation to our home, sealed cracks around windows and doors, and added gaskets around doors. When I replaced my gas furnace to go all-electric I also replaced my AC unit. I now have a variable speed heat pump and variable speed air handler (with heat strips for the times it gets too cold for the heat pump, even here in Alabama).
I replaced my nat gas water heater with a hybrid water heater (a 50-gal tank water heater with a built-in heat pump to heat the water tank from the heat in the air it draws in). The water heater has two air ducts I added to it: one ducting the intake air from the attic (free hot air source) so the water heater's heat pump doesn't have to work hard to find heat in the air it draws in. The other duct is tied to the water heater's air output vent for the free cold air coming out of the water heater. It has a wye lever to let me choose either to blow the cold air into the attic (which I do in the winter) or dump the cold air into the closet the water heater is in so that the cold air gets pulled into the home HVAC's intake (an air receiver in the floor of the water heater closet). Thus, for the warm 7 or so months of the year I'm cooling the home, the water heater gives me free cold air that's distributed throughout the house. Thus, my home variable speed heat pump doesn't have to work as hard making cold air during the 2 to 3 hours the water heater runs. Free cold air is a nice thing during much of the year in Alabama.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.