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Why Tesla's Next Big Thing Could Flip the Auto Industry Upside Down
fool.com ^ | Daniel Sparks | Daniel Sparks

Posted on 10/05/2014 6:40:13 PM PDT by ckilmer

click here to read article


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To: NoLibZone
Then it takes what an hour to recharge?

Got infrastructure to recharge? ....No?.....???

101 posted on 10/06/2014 11:50:04 AM PDT by stboz
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To: CodeToad

No CodeToad, and they may never do so. I believe that in time they will. That may be wrong. Man is pretty ingenious. I have no problem with seeing guys like Musk give it a shot. I don’t like seeing government funds mixed in, so that would be my biggest disagreement with what is going on.


102 posted on 10/06/2014 1:23:55 PM PDT by DoughtyOne (Obama and the Left are maggots feeding off the flesh of the United States.)
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To: Nifster

Sure thing and I bet they are asking for taxpayers dollars for the build out.
.................
Tesla got a lot of tax breaks from the state of Nevada. but no federal dollars.

Tesla was pretty ingenious about it too. they set up a bidding war between texas california new mexico arizona and utah. I think burning man helped win it for nevada. also the lithium deposits there.


103 posted on 10/06/2014 2:02:53 PM PDT by ckilmer (q)
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To: Nifster

Sure thing and I bet they are asking for taxpayers dollars for the build out.
.................
Tesla got a lot of tax breaks from the state of Nevada. but no federal dollars.

Tesla was pretty ingenious about it too. they set up a bidding war between texas california new mexico arizona and utah. I think burning man helped win it for nevada. also the lithium deposits there.


104 posted on 10/06/2014 2:02:57 PM PDT by ckilmer (q)
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To: LogicDesigner

“One of the options when you order a Model S is to get either “Single” or “Dual” charging circuitry.”

Thanks for posting...


105 posted on 10/06/2014 2:04:08 PM PDT by babygene ( .)
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To: DoughtyOne; All
“I don’t like seeing government funds mixed in, so that would be my biggest disagreement with what is going on.”

If it is any consolation, they paid back all their government loans and the deal with Nevada is basically just a tax holiday, not actual funding. Nevada had to choose between letting another state get the plant and the jobs, and thus getting no tax revenue off that empty piece of desert land, or offer Tesla a multi-year tax holiday (specifically a 10-year property tax and 20-year sales tax holiday). (source with pie graph)

106 posted on 10/06/2014 2:52:20 PM PDT by LogicDesigner
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To: ckilmer

and of course Harry Reid isn’t from Nevada and won’t do anything to try and sneak federal dollars into this deal


107 posted on 10/06/2014 8:32:00 PM PDT by Nifster
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To: ckilmer

“First of all, let’s stipulate that the Tesla model S is a pretty cool looking car, that the high-end version accelerates like a rocket, and that its massive, low center of gravity pretty much inures it against a rollover. Next, let’s congratulate Elon Musk on paying off his half-billion dollar federal loan ahead of time. Finally, thanks to everyone in the country for helping to make this possible, and for continuing to do so.

The public is still on the hook for Tesla, and will be for the foreseeable future.

First, there’s the $7500 taxback bonus that every buyer gets and every taxpayer pays. Then there are generous state subsidies ($2500 in California, $4000 in Illinois—the bluer the state, the more the taxpayers get gouged), all paid to people forking out $63K (plus taxes) for the base version, to roughly $100K for the really quick one.

The latest round of Tesla wonderment came when it reported its first quarterly profit earlier this month. TSLA stock darned near doubled in a week. Musk then borrowed $150 million from Goldman Sachs (shocking!) and floated a cool billion in new stock and long-term debt. That’s how we—the taxpayers—were repaid.”

from an article in May of 2013...... and they want more


108 posted on 10/06/2014 8:33:55 PM PDT by Nifster
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To: Nifster

you do understand that if Tesla is successful, the result will be that the price of oil collapses in the USA and around the world and there will be an explosion of wealth all over—as happened in the 1990’s.

Those tax breaks will be total chump change.


109 posted on 10/06/2014 9:41:36 PM PDT by ckilmer (q)
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To: ckilmer; Nifster

Not to mention the devastating impact it would have on just about all the foreign powers that are giving us trouble these days.


110 posted on 10/06/2014 10:16:27 PM PDT by LogicDesigner
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To: Ken522

Exactly. It’s all blah, blah blah. Just like Glenn Beck’s NEXT big shocking expose.


111 posted on 10/06/2014 10:19:59 PM PDT by Fledermaus (Conservatives are all that's left to defend the Constitution. Dems hate it, and Repubs don't care.)
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To: ckilmer

Don’t hold your breath

Where will the electricity come from? These delusional claims have been floating around with no fundamental science to back it


112 posted on 10/06/2014 11:47:24 PM PDT by Nifster
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To: LogicDesigner

Nonsense. We are currently the world leader in production of oil products. We are benefiting from cracking

Just where will the electricity come from to power all of these wonder vehicles?


113 posted on 10/06/2014 11:50:00 PM PDT by Nifster
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To: Nifster

Don’t hold your breath

Where will the electricity come from?
..........
Have you flown out west in the last couple years. Its wierd.

If you fly the northern route to san francisco over iowa and wyoming you’ll see hundreds of wind farms.

If you fly over the southern route to LA you’ll see an increasing number of big bright solar farms out in the desert.

Right now about 90% of new electric capacity in the USA is coming from wind and solar. Solar especially is starting to bite the utilities because people are going off the grid.

Electric cars right now are not suited for cold climates but that’s fine for the electric car makers. They want to get most of their power solar. The most solar is in warm parts of the country.

To kill the price oil — electric doesn’t need to take all the market for oil. Just some.

There’s another thing. Tesla has lit a fire under the behinds of all the major car companies. They’re all putting big money in electric car R&D.

Don’t believe a word of this. Well fine. Just wait and see. Won’t be any skin off either of us which ever way it turns out.

I’m just telling you what I’ve seen.


114 posted on 10/07/2014 7:04:34 AM PDT by ckilmer (q)
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To: LogicDesigner

I thought I had heard that the earlier loan was paid off, but I didn’t want to address it without being sure.

That’s great.

I don’t think the government should be in the business of giving out loans, but then they already do give out housing loans.


115 posted on 10/07/2014 10:32:39 AM PDT by DoughtyOne (Obama and the Left are maggots feeding off the flesh of the United States.)
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To: ckilmer

I have flown and driven. You don’t get it. Wind and solar and bio mass are NOT efficient and do not produce enough energy to power all of the things we use electricity for. IF all the cars become electric where will the extra load come from???? You can’t produce it fast enough with the ‘alternative’ source because 1) they require electricity to either produce or transport for end use and 2) they use more energy than they produce. Other than that you are good to go


116 posted on 10/07/2014 12:22:29 PM PDT by Nifster
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To: ckilmer

“Right now about 90% of new electric capacity in the USA is coming from wind and solar. Solar especially is starting to bite the utilities because people are going off the grid.”

Utter nonsense.... look here http://en.wikipedia.org/wiki/Electricity_sector_of_the_United_States#mediaviewer/File:United_States_electricity_generation_by_fuel_1990-2040.png


117 posted on 10/07/2014 12:24:21 PM PDT by Nifster
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To: Lurkina.n.Learnin
The horseless carriage was a playground for the rich when it started also.

The first "flat screen" (50" Plasma) I sold was $17,999.99

Now you can put them in your buggie at WalMart for $500.

118 posted on 10/07/2014 12:34:35 PM PDT by eddie willers
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To: ckilmer

Take the money and file bankrupcy, it’s vogue in the industry...


119 posted on 10/07/2014 12:48:01 PM PDT by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
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To: Fester Chugabrew

Lithium may also be considered a fossil fuel.


120 posted on 10/07/2014 12:49:12 PM PDT by MaxMax (Pay Attention and you'll be pissed off too! FIRE BOEHNER, NOW!)
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