The investment in solar panels and a powerwall is over $20K where I live. So I need 20 years to make any money as I pay $1K for electricity a year. The powerwall and the solar panel will not last 20 years. An electric cars is also much more expensive than an ICE car. I worked at a company with 10,000 collegues. They can never install a full installation included solar panels for all their cars. My son works at a software company with 3,500 company cars. 90% of all workers travel to clinets during the day, so they can never recharge at work. They also have no place to install evrything for 3,500 cars. At stores charghing means that each time you drive somewhere you habve to connect and isconnect your car. You will be busy all day. Theoretically a lot of things are possible. But once you are in reality, the practile side is important. Autonomous driving does not reduce the number of cars. In best case it can reduce traffic jams as they can try to synchronize the traffic.
I worked for Ford's electric division ELD back in the early 90s. Great company. They were looking into evs back then, too... battery power was too expensive, sounds like it's still a challenge.
charging is getting faster and batteries are getting longer range and cheaper. the autonomous driving is game changing. Currently a car spends 99percent of its life parked. If it could drive itself, once your car drops you off at work it can drive back to your wife so she can go grocery shopping or it can drive to a strangers house to take them to their doctors appointment (hmmm what company does that remind you of). solar panels are expensive but the energy credits make the pay back pretty reasonable. I have three friends locally in my area (Massachusetts) that got panels on their roofs and their annual electricity bill has gone to zero. None of them have a battery yet. 99percent of our driving is local. You charge at night and not every day (and in the future that energy comes from a battery that was charged during the daylight). When I had my model S, I could get away without charging for about 5 days during my normal driving periods. So you don’t have to plug in your car every time you go shopping. And as inductive charging becomes more prevalent you won’t even have to plug your car in at all.
If you live in Europe, there's something you are going to have to come to terms with. In 13 years all cars sold will be alt fuel vehicles. You are delusional if you think otherwise. There is and will continue to be important government subsidies to help replace ICE with EV and also to continue adding home solar panels on roofs. Powerwalls will be subsidized once those who can afford to have them installed at full price have done so. As well, I expect major government infrastructure work to address supply/demand issues that will be inevitable but not impossible to overcome. As a nuclear power, France will likely benefit most from cuts in oil purchase and will likely export their electricity to neighboring countries. I believe as an electricity provider Tesla will be able to optimize supply/demand, reduce average electricity bills for consumers and businesses and promote their products at the same time, both in the UK and Germany.
So clearly 760 wasn't a top on Sept. 7th anymore than it was a top at 885 on Jan 11th . Good guess though! My prediction is still valid, Tsla is hitting 780 at time of this writing, on its way to my targeted 800 between 9/28 and 11/17, per earlier post.
Yeah, There's some real money pushing this thing up. The stock thinks it is in energy/financials. Eventually, the sector should re-assert its gravity. Btw, do you know the significance of Oct 3 on the TESLA calendar of events? I can't seem to find my notes on it.
Not what I was trying to recall. May be useful to someone. Vote for Kimball Musk, if you want Tesla Restaurants. Tesla, Inc. today announced updates to its 2021 Annual Meeting of Stockholders (NASDAQ: TSLA). The following updates supersede anything to the contrary described in Tesla’s updated definitive proxy statement filed with the U.S. Securities and Exchange Commission on August 26, 2021. The 2021 Annual Meeting will be presented from Tesla’s Gigafactory in Austin, Texas on Thursday, October 7, 2021, at 4:30 p.m. Central Time in a virtual-only format as described below. Virtual Meeting Format Live video webcasts of the 2021 Annual Meeting event will be accessible to the general public at www.tesla.com/2021shareholdermeeting. This webcast will also be available for replay for approximately one year thereafter. To accommodate ongoing public health requirements and travel considerations, Tesla is providing any stockholder as of August 9, 2021 the means to join the 2021 Annual Meeting virtually at https://meetnow.global/MVA22YQ. The virtual meeting will feature live audio webcasts, plus the option for stockholders to submit votes and written comments and questions on meeting agenda items. In light of the number of business items on this year’s agenda and the need to conclude the meeting within a reasonable period of time, we cannot ensure that every stockholder who wishes to have a question or comment addressed during the meeting will be able to do so. In order to join the virtual meeting, you will need a 15-digit secure “control number” unique to you, which you may obtain as follows: If you are a “stockholder of record” with shares registered directly in your name with our transfer agent, Computershare Trust Company (a minority of Tesla stockholders), you can find the control number on the Notice of Internet Availability or paper proxy card that was sent to you. If you are a “beneficial owner” and hold shares through a broker, bank or other organization (the vast majority of Tesla stockholders), you may: Register in advance to obtain a control number. Please ask your broker, bank or organization for a “legal proxy” for the 2021 Annual Meeting and submit a copy of it from your e-mail address with “Legal Proxy” in the subject line to legalproxy@computershare.com or by mail to Computershare at Tesla, Inc. Legal Proxy, P.O. Box 43001, Providence, RI, 02940-3001. If your request is received no later than 4:00 p.m. Central Time on October 4, 2021, you will receive a confirmation e-mail with your control number; or Use the control number received with your voting instruction form. Please note, however, that this option is intended to be provided as a convenience to beneficial owners only, and there is no guarantee this option will be available for every type of beneficial owner voting control number. Please go to https://meetnow.global/MVA22YQ for more information on the available options and registration instructions. The virtual meeting will begin promptly at 4:30 p.m. Central Time. We encourage you to access the meeting prior to the start time leaving ample time for log-in. Other Information All stockholders are encouraged to vote and submit their proxies in advance of the 2021 Annual Meeting by one of the methods described in the proxy materials. Proxy cards, voting instruction forms and Notices of Internet Availability for the 2021 Annual Meeting scheduled for October 7, 2021 that were previously distributed will not be updated to reflect the change in meeting format, and may continue to be used to vote shares in connection with the 2021 Annual Meeting.
Hmm. Have they gone through a few years of the MA winters? It still holds up during the decreased daylight and crappy cloudy times?
U.S. NEWS Ford jolts auto industry with $11.4 billion investment in new electric vehicle, battery plants "We're on the cusp of a revolution," Ford Executive Chairman Bill Ford tells "NBC Nightly News." 00:03 /02:24 Sept. 28, 2021, 7:00 AM +08 By Corky Siemaszko The Ford Motor Co. gave the auto industry a jolt Monday with word that it plans to spend $11.4 billion on new production sites in Tennessee and Kentucky where it plans to build electric pickup trucks and cars — and the batteries to power them — on a massive scale. It will also create 11,000 jobs in the two states that have struggled to recover from the collapse of the coal industry. The audacity of Ford’s massive investment in electric vehicles was not lost on Ford Executive Chair Bill Ford. “If my great-grandfather saw our industry five years ago, it would be very recognizable to him, it hadn’t changed a lot,” he said of the Ford founder, Henry Ford, in an interview with Tom Costello of "NBC Nightly News." “There were a lot of evolutions, but no revolutions. Now we’re on the cusp of a revolution. It’s not just the electrification, although that’s a huge piece of it.” It’s also a chance, Ford said in a statement, to “achieve goals once thought mutually exclusive — protect our planet, build great electric vehicles Americans will love, and contribute to our nation’s prosperity.” Of those new jobs, 6,000 are destined for what’s being called the Blue Oval City campus in Stanton, Tennessee, a $5.6 billion megacampus where electric versions of the popular F-series pickup truck will be manufactured, along with electric batteries. This new assembly plant “is designed to be carbon neutral with zero waste-to-landfill once fully operational,” Ford said in a statement. “This is a watershed moment for Tennesseans as we lead the future of the automotive industry and advanced manufacturing,” Tennessee Gov. Bill Lee, a Republican, said. The remaining 5,000 new jobs are heading to Glendale, Kentucky, and the $5.8 billion BlueOvalSK Battery Park, where batteries to power the “next-generation electric Ford and Lincoln vehicles” will be manufactured at two sites on the campus starting in 2025. “This is the single largest investment in the history of our state,” Kentucky Gov. Andy Beshear, a Democrat, said. “Never again will we be thought of as a flyover state. Our time in now. Our future in now.” Ford said the United States doesn’t have a big battery manufacturing industry, and there was a reason why his company decided to establish a “beachhead” in two states where coal was once king. “The one thing that also attracted us to both Tennessee and Kentucky is the workforce,” he said. “They both have really good workforces and are willing to be trained to do these jobs and that was a big consideration.” Tennessee and Kentucky are so-called right to work states where workers aren’t required to join unions as a condition of employment. The company is also setting aside another $525 million to train the technicians across the country who will work to service its new fleet of electric-powered vehicles. Of that training money, $90 million will be spent in Texas alone. Ford projected that by 2030, some 40 percent of his company's vehicles will be electric. He vowed to make believers out of the skeptics who fear a switch to electric from internal combustion engines means sacrificing power. “I actually don't think it'll be that hard once, once they see what these vehicles can do,” Ford said. “For instance, they're faster than lightning, so to speak off the line, they're very quick, faster than anything else that's out there.” The new battery-powered Ford Mustang Mach-E, which can go from zero to 60 mph in 3.5 seconds, is going to be road-tested by the Michigan State Police, he said. Also, Ford said, there are some things an electric vehicle can do that a gas-powered ride can’t do. “For instance, it can be a backup generator for your house,” he said. “If you lose power, you plug your house into your (F-150) Lightning and you can power your house up to three days. Also, it can be a portable generator at worksite.” Costello asked Ford what his great-grandfather would think of “your new Model T for the 21st Century.” “I think he’d say, ‘What took you so long?'” Ford replied.
The strong RS holding this stock up for the last 2 weeks disappeared. I think we can go "super hard core" short. The apes have a trendline support meeting us at 750.