Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

2017 Investor Roundtable:General Discussion

This site may earn commission on affiliate links.
Status
Not open for further replies.
Anyone has any thoughts on this quote ?
ValueAnalyst said:
Post this video with hashtag #wewillworkharder

Elon Musk shocked by how much Australians pay for power | Daily Mail Online

I'm going to ramp up my articles, and I wonder what else each one of us can all do to help.

"'Thirty thousand SA households could not get through watching one episode of Australia's Ninja Warrior with this big battery, so let's not pretend it is a solution.'"

No, that left me vaguely wondering too. Probably an allusion to some obscure cultural symbol like that Bib Banana, Pink Pineapple or whatever. My take: a limp attempt at insult from a powerless brown-out negative pole.
 
Anyone has any thoughts on this quote ?

"'Thirty thousand SA households could not get through watching one episode of Australia's Ninja Warrior with this big battery, so let's not pretend it is a solution.'"

I don't have enough information to do the math.

Another part of the interview in the video that made me laugh, she mentioned that people might see a reduction of 50 cents per week on their bill. He responded that it was much more, possibly $116 per year. 116 / 52 = $2.23 per week. Yeah, that's a joke when people are facing electric bills in the $500 to $1000 per month range. And the politician pushing that as a solution is a joke.
 
A genuine Perthian would not even understand him anyway, I recall dealing with a Perth oilman years ago in the UAE. he brought his own English translator with him. Wise.
Anyway, this subject recalls all the debates about direct and indirect oil subsidies. The fact remains that Norway, Qatar, Kuwait and Abu Dhabi are among the few who've really invested for a post-ICE era, or at the least, a post-fossil-production-bonanza future.
From Russia, US, Iran, Saudi, Venezuela, Scotland (UK) much less serious future-proofing.

Now for the BEV booms, slightly different, for lithium:
It still is "Perth", but:
Lithium Australia riding 'biggest change in energy since the Industrial Revolution'

For Tesla, they've already made pretty significant investments in promoting Nevada production but perhaps the bigger story is cobalt:

Still Australia, still Western Australia, well to the East of Perth, but with decent BEV charging options already there and Tesla Destination chargers already in Kalgoorlie right near the Goldfields Museum:

This miner is banking on a cobalt boom

There are plenty of places to go for lithium and cobalt but Australia has already done well sending mined ingredients to China and elsewhere.

Prediction: Some smart people should probably be setting up a gigafactory in WA to produce batteries and packs for use in all the BEV factories being built right now. Doing the value add in WA will make shipping far more efficient and bring back some parts of Australia auto production just as it seems to have finally died.
Interesting suggestion, however you may overestimate the size of the Western Australian population and the capacity to get 10k (probably) workers at a decent price.

From Wikipedia:
As a result of Perth's relative geographical isolation, it has never had the necessary conditions to develop significant manufacturing industries other than those serving the immediate needs of its residents, mining, agriculture and some specialised areas, such as, in recent times, niche shipbuilding and maintenance. It was simply cheaper to import all the needed manufactured goods from either the eastern states or overseas
 
It's typical blame game Ricardo and others are playing. Everybody has their 10 fingers pointing at everyone else.
It's not like Puerto Rico has a storm once a decade. Why didn't Ricardo maintain a better grid? Yeah, it's the money factor

PREPA claims, they talked to 5 other companies. It should be asked to show the bids.
Puerto Rico gov seeks to cancel $300M Whitefish contract


Tesla or anyone else should be allowed to rebuild whole Puerto Rico grid for $300M, the amount Whitefish is charging.
(Good luck! My estimate is $20B-$35B for solar + batteries That's with Elon-like assumptions of zero maintenance and installation costs, and zero land costs.) It will take a decade instead of 3 months.
Maybe the solar/battery folks will do it for free as long as they are allowed to be the direct utility to the customer and get all the benefits a utility gets
 
No, that left me vaguely wondering too. Probably an allusion to some obscure cultural symbol like that Bib Banana, Pink Pineapple or whatever. My take: a limp attempt at insult from a powerless brown-out negative pole.

The Big Banana - Picture of The Big Banana, Coffs Harbour - TripAdvisor

Tourist "attraction".. same for Big Pineapple and big Merino. Treasurer who made that statement was referring to the fact that the battery on its own can sustain power for only an hour or so.. while completely ignoring the fact that the primary purpose of the battery is for grid stability.

Note that the government at the national level are big fossil fuel "supporters" with plenty of lobbying going on from coal and gas/fracking lobby.
 
Anyone has any thoughts on this quote ?

"'Thirty thousand SA households could not get through watching one episode of Australia's Ninja Warrior with this big battery, so let's not pretend it is a solution.'"

What a jerk. This guy MUST know the value this big battery provides.

Here's some:

Sinks energy from the Wind Farm to be used later.

Smoothes out power spikes. Helps prevent blackouts

Makes renewables operate more like "base load" than "peaker" plant
 
Anyone has any thoughts on this quote ?

"'Thirty thousand SA households could not get through watching one episode of Australia's Ninja Warrior with this big battery, so let's not pretend it is a solution.'"

My thoughts are that the predator in me smells fear in that Australian politician. It’s nearly Halloween. The Reaper is coming for the kill and the fossil fuel backers are its victims.
 
Tesla Energy simply isn't the Tesla investment story. Elon bought Solar City because he could and eliminated some negative overhang for him. I voted against it, and I was right. Tesla Energy won't ever exceed 10% of the market valuation of this company, because it's dumb in conception. This company is valued by the prospect of higher-than-average margins in automotive with a potential kicker to Transportation as a service. I literally think those of you that drag yourselves inline with TE are Elon zombies. Solar has a future, but residential solar is a bad implementation of it. Battery support is valuable, but it's a commodity business. Most of you don't get this and I understand that.

What you really need to understand, but most of you can't, is that Elon is shooting himself in the foot with his autopilot claims. He has no idea what he's talking about on these issues. The turnover in leadership is strong evidence. There's no reason for Tesla to be making these dumb FSD claims, but they continue on. No one knows how to get to FSD from here.
 
The video seems to over dramatize the effect of electricity bill. What's the rate Australians pay for electricity? Wikipedia says 17-26 cents a KWh. That's not too expensive compared to California rates, or rates around the world.

The video also seems biased. IIRC, Elon doesn't have solar panels on any of his ~5 homes in LA either. Solar roof that he installed on one, as we know now, is not functional yet after one year. Yet the host didn't ask that question, or didn't show the answer.

Is this the blackout (Sep 2016) that triggered SA's new energy plan? A storm took out roofs and power lines.
Power 'gradually' returning after SA plunged into darkness

Or is it the other one in Feb 2017, when it was too hot and AEMO shedded 300 MW (intended 100 MW) by mistake for 45 minutes?
http://www.adelaidenow.com.au/news/...s/news-story/82f848efbc42455b9d7c4e1487b04fa5

Tesla said, it is half way done by Sep 29th. Strangely, the 100 day countdown started only after some permit to connect to grid was issued. For my solar panels, the connection to grid came last. Tesla won the contract on July 6th.

Tesla has claimed to power > 30000 homes with the battery. As this is tied to wind farm, wonder what happens for the situation of Feb'17 power cut. Wind generation was too low, weather was too hot (A/C running), and there was a bunch of miscommunication among operators and generators. Wind turbines can also snap like twigs in strong hurricanes.
Tesla will provide 100 MW of storage by Dec. 1, pairing it with a wind farm at Hornsdale north of Adelaide operated by France’s Neoen, according to a statement on Friday from South Australian Premier Jay Weatherill. The system, which will have capacity of 129 MWh, will provide enough power for more than 30,000 homes, Tesla said in a separate statement.

BTW, when will SA report the final cost of these projects? I read an article, claiming Weatherill is not disclosing the price tag of the battery project. Don't know if true.

But the BIGGEST takeaway from this video for me? Australia, the biggest Lithium producer in the world, is still sending it all to China! Not to the "world's largest battery factory" in Nevada, that will very soon "produce as much battery as all other battery factories in the world." o_O
Which miners are supplying all the Li for the GF? Last I heard, Tesla signed some deals with a Wyoming company and a Mexican company. They aren't even producing 2% of what Australia produces.
Tesla Signs Two Lithium Suppliers For Gigafactory

List of countries by lithium production - Wikipedia
Li_producers.JPG


And yeah. If the GF has cell production issues, we should be seeing mountains of raw materials piling up outside the GF. How many truck loads of Li and Co were waiting outside GF?
 
Last edited:
I spoke with a service guy last week (my S was in for its annual service) and asked him about the 3 delay. He said he was at the Fremont factory in September and your theory above is what he said is the reason for the delay. He said they don’t want to release the cars to an area until that area is ready for dealing with the deliveries and service needs.

I don’t know if I believe him but it is interesting to read your post. Did you hear this from a Tesla employee or is it your own theory?

Just something that came to mind and made sense. Not many Tesla employees in South Georgia. :)
 
the steadily up trending 200 day SMA will ultimately prove to be the saving grace. shorts will try their best tomorrow to drop SP below it and if they do succeed it should be a relatively short lived affair, enough to shake out weak longs and then SP likely to rebound nicely
Could you elaborate on your thoughts for tesla energy? as the market currently gives little value to this based on past performance of solar and unclear information on stationary storage...
 
Looks like they applied a smoothing function to AP so it is not as jerky. But at the same time it means that it is not able to cope with sharp turns fast enough.

Do we know if the previous version was able to deal with the sharp turns?
This is pure speculation, but they might purposely have made it incapable of following sharp turns to avoid it trying to veer of of a highway onto an exit. That road looked extremely curvy, and not really the type of use that autopilot is currently intended for. I would like to see that section of road in the video on a map to get a better sense of just how out of the ordinary that road is?
 
  • Like
Reactions: ValueAnalyst
Status
Not open for further replies.