1x Tsla Discussion Threads

[hosede] 26/6/2023 16:52

CNN front page headline today
Humans approaching limits of ‘survivability’ as heatwaves engulf parts of Asia
And we've only just started!

[hosede] 25/6/2023 14:27

"They" say that even if we became carbon neutral tomorrow, warming would still continue for 200years. Did you look at CO2 level chart I referenced. I was shocked - I assumed it would be starting to level off a bit but far from it.
My view is that we should assume the worst and try to prepare for it

[cfb2] 25/6/2023 12:30

The damage is being done. I agree everything you've written is bad news and your predictions may be correct if everyone is nihilistic. The worst outcome, as further bad news comes in, is that we give up because that will accelerate the problems; there are already climate feedback loops doing that and we don't want to help them!

Every single one of us is part of the problem and delegating responsibility on the grounds of inevitability creates the ultimate feedback loop.

[hosede] 25/6/2023 11:04

Agreed we are finding solutions - but unfortunately the damage has already been done.
Precovid, I spent every Summer in the alps near Zermatt. The melting of the glaciers had to be seen to be believed. The surface of one was falling 6m (20 feet)every year!
Scientists say they will all be gone by 2100, but from what I've seen most will not last out this decade - North face glaciers typically survive maybe 50 years longer. The problem is also self accelerating. The less ice the higher the temperature; the higher the temperature the faster the melt.

Glaciers are like reservoirs that don't need dams - they release water at a steady rate and they feed the Rhone. Rhine and many other European rivers. when they are gone, hundreds - maybe thousands - of reservoirs will have to be built or these rivers will dry up in summer and flood in winter.

Another problem is that much more of the annual precipitation will fall as rain (rather than snow), and rain is massively more destructive of the fragile moraines left behind.

These are just observations from my own experience.

As to the rise in sea level; what are we going to do? Even 2m would create massive problems: 15m doesn't bear thinking about - but it might be as little as 150 years away

[cfb2] 25/6/2023 01:00

hosede: You seem a bit pessimistic!

I've reviewed posts on this thread over the last couple of years and various posters have made optimistic predictions about Tesla that we now know were accurate. Yet you continue to believe Tesla aren't going to make a lot of profit.

From latest Tesla quarterly update:
We are planning to grow production as quickly as possible in alignment with the 50% CAGR target we began guiding to in early 2021. In some years we may grow faster and some we may grow slower, depending on a number of factors. For 2023, we expect to remain ahead of the long-term 50% CAGR with around 1.8 million cars for the year.

EVs certainly aren't the solution to everything; they are just a cog allowing the world to reduce its dependence on oil and coal. As you point out, there is a significant lag between the time we stop polluting the atmosphere and reduction of CO2 and other greenhouse gases but that only means we need to get it under control quicker to reduce the damage and stop various climate tipping points.

Technologies for capturing and storing greenhouse gases exist now and will improve. Efficiency of solar cells are improving, more green energy is working its way onto the grid and being stored. Just because a situation looks bleak is no reason to give up.

[dominiccummings] 24/6/2023 21:06

That's cheerful

[hosede] 24/6/2023 16:48

Cfb2
I don't see Tesla making a lot of profit. The problem with EVs is that we are about 100 years too late in making them. Global warming has HAPPENED. CO2 levels are still soaring - from 315 - 420ppm since 1960!
Even if we became carbon neutral tomorrow, warming would continue for 200 years. The Greenland Ice cap WILL melt and sea levels WILL rise 10-15 m - minimum.
The costs - however we try to combat that - will be gargantuan (and AI won't help that much)
In my view we have reached our zenith - the next several hundred years will be downhill. Avoiding extinction maybe the best we can hope for.

[hosede] 23/6/2023 18:40

Well we will see how many motor manufacturers survive the coming depression - which I suspect will outlive me. The minnows are already show signs of extreme distress.

[cfb2] 23/6/2023 16:54

Why would a government nationalise chargers? Governments want money and don't like spending it.

Revenue from licensing part of their charger network hardly moves the needle with respect to Tesla's income elsewhere; expected to be around $25m per year (increasing to $100m by 2030). However, they have the ability to perform arbitrage by buying electricity when it is cheap and storing it in their Megapacks for charging or just selling it back to the grid.

They were recently commenting on how they were buy electricity at 11 cents and selling it back at $5 during peak times. There is some serious CapEx involved here, but if the charging stations require the CapEx anyway...

[dominiccummings] 23/6/2023 14:13

There surely is a decent margin, and hugely increasing volume whilst capex initially high reduces. No reason why it should be nationalised, petrol isn't.

[hosede] 23/6/2023 14:04

That may be a point Dominic - but I can see them being nationilised by Govts. in due course. Anyway what is the revenue? the electric still has to be paid for. I guess there's an extra margin built in.

[dominiccummings] 23/6/2023 12:13

Do not underestimate the growing size of the revenue stream from Tesla chargers. That will outlast all the present models well into the future.
How many other car manufactuers have such a revenue stream? In fact the reverse is true as 'captured' service costs reduce following transfer to electric.

[hosede] 23/6/2023 10:15

Mike
It sounds great but doesn't mean Tesla will necessarily make MONEY
and that's what businesses are all about.
Car manufacturing has never been very profitable - margins aren't big enough.
you could probably make a box of paper clips fo 3p and sell it for £1.50.
THATS GOOD BUSINESS.

[mike24] 20/6/2023 21:23

tsla up 6% today, touched 6.5% and dropped back
deal with India, charging alliance with Hyundai, list goes on
as ev gets bigger, vehicle market share drop which will be not be a problem
as volume increases, just more players in the market
europe's infrastructure has a long way to go in the continents ev race

what happened to the sea of red flags ?????
dyor

[hosede] 14/6/2023 15:53

Tesla now ranked 62 out of a hundred car Companies. (28 0ut of 32 according to Bloomberg)
What I find amazing is that there need to be 100 car companies. I would have thought 15-20 would be more than enough. No wonder none of them make much money.

[hosede] 13/6/2023 14:05

Cathy sold nearly 400k yesterday - Someone must be buying as there wasn't much effect on the sp

[hosede] 18/5/2023 16:12

Simon
Let's see in the longer term if Musk is successful in selling electric cars. Car manufacture - in general - is not a very profitable business , and Musk himself said that without FSD (which seems to be slipping steadily out of sight) Tesla was "Worthless" - his word not mine

[simon gordon] 18/5/2023 13:27

Nick Cohen - 18/5/23:

The proto-fascism of Elon Musk

Libertarianism turns rancid

[cfb2] 12/5/2023 12:31

For the same reason that The Sun has been running daily articles about how a reader regrets buying their Tesla because...

All of these media rely on revenue from adverting and Tesla is not sending any their way. At the same time, the car companies that do advertise are hurting from Tesla taking their business.

I've just returned from picking my Toyota up from the garage (the taxi driver on the way was telling me how much he was enjoying his new EV car). My car had a recall on the airbags as there is a risk when they go off of decapitating the passenger. A fix was not available over the air.

There was a salesman in waiting asking if I was interested in trading for a newer model. When I said I was looking at an electric replacement he made a vague attempt at selling me a hybrid car but his heart wasn't in it.

[dominiccummings] 12/5/2023 12:03

Recall = on line update
Why do the press always say 'recall'?

[hosede] 12/5/2023 09:51

Thank the lord it can be done over the air - UNLIKE Peleton :-0

[hosede] 02/5/2023 13:48

price rises in China - thats cheered the share price up a bit

[hosede] 27/4/2023 13:01

Cathy bought 200k yesterday. a mistake IMO - but maybe it's a short term trade based on technical signals.