Tesla will pass $2000 in September.

RV_ · July 22, 2020

I have never been right on timing the market or Tesla, but no one can so I don't feel too badly. Tesla is a $1,585.20 in after hours trading.

Now Elon and the crew may do $2000/share long before September, but no later I believe. Why September? Well that is Tesla's battery day! What is coming? Well a 1.5 million mile battery before losing full charge retention and range. And the battery is a joint effort with a Chinese company where their new factory is located and Producing vehicles in addition to Tesla's own Battery patent. Range will also go up as price comes down and costs will soon be equal to ICE age vehicles. Links about the batteries, the 80%? reduction in carbon footprint, lower costs on parity with ICE Age vehicles.

Tesla Battery Day - New Battery Patent Breakthrough On July 2020

Tesla's Million Mile Battery Is Already Here - Tesla Battery Day

Tesla's Secret Behind Next Generation Million Mile Battery - Tesla Battery Day

As well there is talk again of competitors knocking down Tesla. The below links are ten minute videos each and most folks online won't do a ten minute link. But some few who listen to pundits like I am reading and posting corrections to over on Seeking Alpha. The funny thing is instead of angry shorts there are a majority. You see the majority of folks don't own Tesla stock (not for lack of my trying to get folks to buy it) and hold since 2010 when they IPO'd and I bought 1000 Shares for about $22k. Lynn and I talked it over and despite our lack of any health issues other than my cervical and lumbar spine issues, which are under good control now.

Tesla competitors:
Which Automakers Can Actually Challenge Tesla?

Wow!

RV_ · July 22, 2020

People who try to diminish Tesla or try to value on cars only and argue about costs and carbon footprint which we showed can be reduced up to 80% or so with the new batteries starting later this year, ignore the energy division. ( Most roll eyes here and think yeah - Solar City.

The rub is everyone values Tesla based on cars only Ignoring the breakthroughs they made in industrial power generation plants backups:

Tesla is expanding its ‘world’s largest battery’ project by 50% Nov 2019

https://electrek.co/2019/11/19/tesla-world-largest-battery-expansion/#:~:text=Tesla%E2%80%99s%20battery%20project%20in%20Australia%20with%20Neoen%20became,battery%E2%80%9D%20when%20it%20was%20completed%20two%20years%20ago

First Tesla Megapack big battery system switched on in UK - 7 July 2020

https://reneweconomy.com.au/first-tesla-megapack-big-battery-system-switched-on-in-uk-70031/

Big Rick · July 22, 2020

I could cAre less about his toy car 🚙 r battery that I will never buy.

I want the Starlink so us folks in rural areas can get decent internet.

RV_ · July 22, 2020

Duplicate

Edited July 22, 2020 by RV_

RV_ · July 22, 2020

7 hours ago, Big Rick said:

I could cAre less about his toy car 🚙 r battery that I will never buy.

I want the Starlink so us folks in rural areas can get decent internet.

Good for you Big Rick. Starlink is his SpaceX company so read those. When you see Tesla articles about investments, which is the Forum we are on, why not skip them?

That topic can be found here: http://www.rvnetwork.com/forum/33-internet-access-on-the-road/

Or you could Google Starlink yourself. Bless your heart!

Edited July 22, 2020 by RV_

durangodon · July 22, 2020

RV, speaking of Tesla, have you written a review of your Model Y and your solar and Powerwall installation and performance? If so, I'd really like to read them if you could post a link. Thank you.

RV_ · July 23, 2020

Don, I will eventually on my own website which I took down from my old website host Earthlink, because I'm moving it to GoDaddy. I was with them since 1998! It's too soon to review as I'll need to finish learning all the ins and outs of the car, and its systems.

We haven't done the Solar and power wall systems yet because we are self quarantined for the duration. We don't want to have possibly infected folks coming and working in close proximity. So everything's on hold. My son and his wife and the grand kids are moving to Germany for three years as nurses in Landstuhl. After moving and separating for six months last year so we could move and I went back to sell our old place from May - Nov.

And we went from flattened to a fast growing hot spot because of all the willfully ignorant morons refusing to wear masks here.

So it'll be a while yet. But thanks, I'm gratified by your interest..

durangodon · July 23, 2020

Thanks, I look forward to hearing your opinions.

The tax credits are going away next year for solar. I'm hoping that the Feds will renew them and maybe even make them better. IMO, that's the only way this country will make any real progress toward alternative energy, through financial incentives. Depending on what the electricity rates are where one lives, solar will eventually pay for itself, but the Powerwalls are another matter altogether. They don't last but 10 or 12 years and are mostly just for backup and convenience. Some people use them to regulate between peak and off-peak periods when the rates vary, but even then they'll probably never pay for themselves as long as grid rates remain relatively low in most parts of the country.

As far as the Model Y, I see a good bit of grumbling about fit and finish, body parts not lining up and paint issues. Overall, it's getting good reviews. Tesla's service seems to be lagging behind their production at the moment, growing pains I assume.

Other automakers seems to be stepping up their game a bit. In the past, they seem to be only building EV's for compliance. I think they're beginning to see the writing on the wall though. Even GM is talking about having 8 or 9 EV's by 2025.

RV_ · July 24, 2020

Don,

I am waiting for Battery Day announcements. The links above if you haven't watched them you might want to. The new batteries will solve that issue and bring Tesla's price down to regular cars.

ROI on depreciating assets like my car are silly. If all I wanted was to transport my butt from point A-B I can spend a lot less. It is for the fun of making that experience an experience, and does a needed job of hauling my butt around with a spit eating grin on my pie hole!

The Powerwalls are going to get those batteries too. Prices should come down and they should last twice as long based on their estimate of the life span comparison with current battery packs, and adding more to be conservative.

Now with Solar there is an expected ROI.

However we had a 25KW Nat gas, water cooled, Generac, with Mitsubishi 4 cyl engine, and a full auto switch system installed between the meter and the breaker box. It took 15 seconds to be sure it was out then switch on.

We had outages about three times a year in LA. Every time we would grin from ear to ear when our lights came on and the A/C. There is no return on investment. But the feeling of comfort and security - Priceless.

However, with a solar system, now there is return on Investment! If the estimates of the lower prices are even close, solar becomes viable and the investment could become less than with incentives now. No-brainer.

Just like RVs, we are dependent on the grid for economical air conditioning higher than feasible solar systems and battery storage, although some RVs can be totally self-sufficient now.

If I am lucky I will live another 20 years and see 88 solar revolutions, I will also see economical Internet from Starlink, much cheaper Powerwalls, and a basic economy sized electric car selling for under $20k. Tesla will be there too. Musk is a lot of things, and I believe egalitarian is one. He wants everyone to have an electric car and looks forward to some real competition.