Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[GrandEnigma]

As expected

 

[Curt Renz]

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As expected

Benzinga - 1.5 hours ago: Tesla May Have Already Made More In Profits From Bitcoin Than Electric Vehicles

Excerpt:

Bitcoin hit $50,000 for the first time ever on Tuesday, continuing a 2021 rally that has sent the largest cryptocurrency higher on increased adoption and public companies placing bets on the future.

Tesla purchased $1.5 billion in Bitcoin in the month of January, although the company hasn't revealed its average purchase price of how many Bitcoin it holds.

 

[Big Time]

Wow Bill Gates and Warren Buffet.

The Dream Team

Why don't they both go club some baby seals while they are busy trying to hold back and destroy the planet.

 

[RobStark]

Needs to change?....

For a variety of reasons most people outside this forum believe Tesla can't have 80% US Automotive Market Share.

So, in order for the US to fully transition from ICEv to BEV other companies need to gain BEV market share.

 

[ReddyLeaf]

An article was published yesterday in The Age newspaper here in Australia that does a pretty good job of explaining the current and future role of big batteries in Australia's energy grid. From Teslas original big battery in South Australia to the current state of play. I recommend taking the time to read it:

https://www.theage.com.au/national/...ape-the-electricity-grid-20210211-p571qm.html

Much of it will already be known to many here but it contains a lot of information I haven't seen spelled out this clearly before. It also shows what is likely to occur in other grids around the world as renewables take over from traditional energy.

Some of the main points and quotes worth noting:

The article provides a detailed list of all the big batteries currently operating or proposed in Australia. It lists a total of 7,805MW worth of battery projects in a country where the peak electricity demand is currently around 35,000MW. Many of these batteries are likely to be provided by Tesla.

“We can say for sure now that battery storage is much cheaper than transmission lines and that case is only likely to grow,”
-There are currently a lot of expensive transmission line projects being planned in Australia - batteries will make many of these redundant.

"Big batteries can also remove the need for hydro dams – which can only be built where rivers and geography allow – and require big costly transmission lines to move their power to where it is most needed."
- Our governmenets are currently spending Billions of dollars on large centralised pumped hydro projects with massive transmission lines.

"batteries are now so cheap they are out-competing gas peaking plants, changing the way operators and regulators view future infrastructure needs"

“batteries will almost certainly win”

ok, who has Elon on Twitter? It’s probably a good time to push for Tesla MegaPacks in Texas. 100 MW/400 MWh in 100 days or it’s free? Looks like a lot of people in Texas would love to have a more stable electrical system.

 

[goinfraftw]

You know that part of the reason I did this analysis was to determine how Tesla Energy works, along with other solar companies, to determine what their roadmap might look like in the future. If Tesla is interested in buying the cars they produce themselves, its fair that they might do the same with solar/roofs and sell the electricity back to the grid and stabilizes through Autobidder.

Edit: Elon has mentioned building a massive solar farm somewhere, like Texas, to power the entire US in the past...as an example.

It doesn't seem half-baked anymore that Texas would just install a gigantic Tesla solar farm somewhere in the state, right? Puerto Rico, too?

 

[EVWatcher]

It doesn't seem half-baked anymore that Texas would just install a gigantic Tesla solar farm somewhere in the state, right? Puerto Rico, too?

I was watching bloomberg all day yesterday and it was amazing to see the hosts continually blame renewables and expert guests be like "ya thats not whats happening right now"

 

[Mo City]

I was watching bloomberg all day yesterday and it was amazing to see the hosts continually blame renewables and expert guests be like "ya thats not whats happening right now"

Unfortunately, Gov Abbott put the blame squarely on solar and wind. He's up for reelection in Nov 2022 and his response to this historic meltdown will define his administration and campaign.

Not promising at all. The fossil fuel industry here will make sure he wins.

 

[Subhuman]

ok, who has Elon on Twitter? It’s probably a good time to push for Tesla MegaPacks in Texas. 100 MW/400 MWh in 100 days or it’s free? Looks like a lot of people in Texas would love to have a more stable electrical system.

Oh, you must had not heard that poor battery performance due to the cold is contributing to the whole power shortage

 

[goinfraftw]

Unfortunately, Gov Abbott put the blame squarely on solar and wind. He's up for reelection in Nov 2022 and his response to this historic meltdown will define his administration and campaign.

Not promising at all. The fossil fuel industry here will make sure he wins.

Is the fossil fuel industry, as its been constructed (e.g. Chevron), going to always be only about fossil fuels? or just what we call the "Energy" industry?

At what point will it be economical, from a business perspective, to make the switch over to renewables to still be the "Energy" industry?

 

[MC3OZ]

Unfortunately, Gov Abbott put the blame squarely on solar and wind. He's up for reelection in Nov 2022 and his response to this historic meltdown will define his administration and campaign.

Not promising at all. The fossil fuel industry here will make sure he wins.

Hopefully the Tesla Austin factory will help lift the quality if the debate.

EVs and Clean Energy are going to put Fossil Fuels out of business, that will do a lot to lift the quality of the debate.

I think the poster above is right, energy is just energy, and what matter most is, price, reliability, sustainability and minimizing damage to human health and the environment. Clean energy ticks all the boxes.
Fundamentally these is no unsolved problem with clean energy that needs to be solved.

At what point will it be economical, from a business perspective, to make the switch over to renewables to still be the "Energy" industry?

If you want a more technical debate, this is the right thread:-
Tesla Energy and utility scale projects

 

[capster]

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As expected

"The dogs bark but the caravan keeps moving."

Also, it’s a short week, in a short month, in the slowest quarter for auto sales — prime conditions for a bear raid.

Does a bear short in the short week?

 

[22522]

Actually, poor maintenance on the start batteries on generators can be problematic at the time you need the generator most. I suspect that I am talking about much smaller scale generators.

I read that the failures were caused by the natural gas equipment that was not properly weatherized. [Like maybe with heaters on the start batteries.]

 

[Singuy]

Oh, you must had not heard that poor battery performance due to the cold is contributing to the whole power shortage

View attachment 637447

Lol I guess it's time to swap out the heating element and roll out the heat pump for all the passengers megapacks are warming.

 

[buttershrimp]

Oh, you must had not heard that poor battery performance due to the cold is contributing to the whole power shortage

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Can’t wait for giga Texas to come online and become so profitable that 10 years from now we get to listen to Abbot or Crenshaw run for president and declare how they were always onboard with the Texas Green Energy Tesla Miracle. Here is Austin supercharger today. It was fun driving on the roads in Austin today kicking ass and seeing the following stranded and abandoned vehicles.... 1) fenderless Maserati on exit ramp on 183 2) busted Range Rover on mopac expwy 3) corvette on 360.

 

[capster]

Can’t wait for giga Texas to come online and become so profitable that 10 years from now we get to listen to Abbot or Crenshaw run for president and declare how they were always onboard with the Texas Green Energy Tesla Miracle. Here is Austin supercharger today. It was fun driving on the roads in Austin today kicking ass and seeing the following stranded and abandoned vehicles.... 1) fenderless Maserati on exit ramp on 183 2) busted Range Rover on mopac expwy 3) corvette on 360.
View attachment 637463

Huh, I hadn’t realized Tesla only sells greyscale colors in Texas.

 

[pz1975]

Huh, I hadn’t realized Tesla only sells greyscale colors in Texas.

He’s just keeping politics out of the thread.

 

[Artful Dodger]

After-action Report: Tue, Feb 16, 2021: (Pre+Main Session Trading)

Headline: "TSLA Awaits the Oracle"

Pre-Market:

Volume: 571,914
SP High $825.00
SP Low $813.99​

Main Session:

Traded: $15,470,386,596.72 ($15.47B)
Volume: 19,248,560
VWAP: $803.72

Close: $796.22 / VWAP: 99.07%
TSLA closed BELOW today's Avg SP
TSLA MaxPain (7:00 A.M.): $770 (+$15 from Thu)​

TSLA S&P 500 Weight: 1.862804% (Feb 12)
Mkt Cap: TSLA / FB $764.255B / $779.977B = 97.98%
NB: Yahoo & Google have updated Mkt Cap re 10-K shares (Feb 10, 2021)

CEO Comp. Status: (est'd Mkt Cap including 10-K (Feb 01) shares)

TSLA 30-day Closing Avg Market Cap: $807.37B
TSLA 6-mth Closing Avg Market Cap: $535.50B

Mkt Cap req'd for 8th tranche ($450B) likely achieved Tue, Jan 19, 2021
Mkt Cap req'd for 9th tranche ($500B) likely achieved Wed, Feb 03, 2021
Nota Bene: Operational milestones req'd (chart at link).
​

'Short' Report:

FINRA Volume / Total NASDAQ Vol = 45.1% (45th Percentile rank FINRA Reporting)
FINRA Short / Total Volume = 50.0% (51st Percentile rank Shorting)
FINRA Short Exempt ratio was 0.84% of Short Volume (49th Percentile Rank Exempt)​

Comment: "The Oracle of Omaha speaks"

QOTD: BH "Chevron it is"

View all Lodger's After-Action Reports

Cheers!

 

[Prunesquallor]

Camp mode, cold weather and Tesla’s future.

Looks like it will be 60 hours with no electricity in a freezing all electric house, it has been 40 hours already. It was 1 degree F this morning. -17C. They are not rolling the black outs. Or prioritizing neighborhoods where natural gas is not available.

I understand calling 211 will get you to a gym.

If you have a model 3 in the garage and cover the glass with packing blankets... camp mode will keep the car at 60F with the garage at 40F and outside at 8F all night for 35 miles of range.

Conclusions:
1) Camp mode works
2) I am happy the power is still in the car as it is an environmental escape pod.
3) Tesla stock should go up as the benefits of energy storage are demonstrated time and again.

Here you see Bella, the dog, and the camp mode screen many have never seen.

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Hang in there, brother.
Just when you thought it couldn’t get worse, our water pressure is dropping. Lucky we filled up the tub.

On topic, there’s some FUD-busting going on on the local news channels. They’re calling BS on the “frozen wind turbine” rumoir. It’s starting to look like a failure in NG delivery to the peaker plants is the main culprit for this utter fiasco.

 

[Tes La Ferrari]

Bought more on the dip today. Didn’t hit the low point; don’t think I ever have, but bought for less than the $900 we were at not too long ago.

Can’t believe I bought the dip at $4,005 / share in old money.