Stretch2727
Engineer and Car Nut
Small price increases in China again.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Or it DOES have an effect, to the positive, or the quality of the prose matters.
Pretty sure that cat was a proponent of the poetry ban. Never let a cat decide matters of taste.
Apropos of nothing, here is your update from the cheery land of Mordor. We voted on Texas Constitutional amendments last week. (Most people's laws are equivalent to our Constitution in terms of scope; don't ask!)
Amendment 7 ballot language read as follows:
"The constitutional amendment providing for the creation of the Texas energy fund to support the construction, maintenance, modernization, and operation of electric generating facilities."
Sounds great,no? We need more energy after all. The full text (not available on the ballot mind you) reveals that these state funds will only be disbursed to energy plants that are fully dispatchable. Solar and wind of course, are not.
But it gets better. After all, solar + battery is fully dispatchable. Surely a solar + battery plant would be able to compete for these taxpayer funds? Wind + battery?
But alas, in its infinite wisdom, our 20-year-dominated-by-one-party Legislature explicitly excluded storage technologies from bidding.
So yes, dear friends. In 2023, the year of the Cybertruck, the year Tesla Energy begins to roar, a few mere miles from GigaTexas, we have amended our State Constitution to subsidize fossil, and ONLY fossil, energy once again, and without even having to tell the voters.
Someone please tell me that gentrification of Mordor is coming? Some days I just do not see it. We are up against an entrenched foe with all the levers. You may see me at your nearest traffic signal, carrying a sign: NEED GANDALF. WILL PAY FOR TRAVEL.
(Fwiw I did know to vote against Amendment 7, having done a truly tiny bit of research beforehand)
Amendment 7 ballot language read as follows:
"The constitutional amendment providing for the creation of the Texas energy fund to support the construction, maintenance, modernization, and operation of electric generating facilities."
Sounds great,no? We need more energy after all. The full text (not available on the ballot mind you) reveals that these state funds will only be disbursed to energy plants that are fully dispatchable. Solar and wind of course, are not.
But it gets better. After all, solar + battery is fully dispatchable. Surely a solar + battery plant would be able to compete for these taxpayer funds? Wind + battery?
But alas, in its infinite wisdom, our 20-year-dominated-by-one-party Legislature explicitly excluded storage technologies from bidding.
So yes, dear friends. In 2023, the year of the Cybertruck, the year Tesla Energy begins to roar, a few mere miles from GigaTexas, we have amended our State Constitution to subsidize fossil, and ONLY fossil, energy once again, and without even having to tell the voters.
Someone please tell me that gentrification of Mordor is coming? Some days I just do not see it. We are up against an entrenched foe with all the levers. You may see me at your nearest traffic signal, carrying a sign: NEED GANDALF. WILL PAY FOR TRAVEL.
(Fwiw I did know to vote against Amendment 7, having done a truly tiny bit of research beforehand)
I read about a new solar micro-grid housing development project in Florida. This seems like it would be outdated by the time they installed built it all (2025). Are utility companies gaming retirees here?
www.abcactionnews.com
"The $4.235 million project will be funded by Lakeland Electric, which will benefit from the excess power generated by the homes."
Lakeland leaders prepare for city's first solar microgrid community
The City of Lakeland is getting ready to welcome its first solar microgrid community. Lakeland leaders are looking to welcome a new 77-home subdivision called Myrtlebrook.
www.abcactionnews.com
The tide is turning. Exxon just announced that they will be extracting and refining lithium in Arkansas, production to start in 2027.
More thoughts here.
More thoughts here.
Now Lying Lopez is working on another hit piece titled,
"Why Tesla's price increases are a losing business strategy"
dhanson865
Well-Known Member
I refuse to believe that any 12 month price target below $200 is made in good faith so here are the ones $200 and above made in the last 49 days
Since sometimes there's some TSLA benefit to SpaceX success,
Elon: Was just informed that approval to launch should happen in time for a Friday launch
Elon: Was just informed that approval to launch should happen in time for a Friday launch
Carl Raymond
Active Member
Starship launch possibly this Friday 
How many cybertrucks will they work into the broadcast? Better than any ad money can buy.
How many cybertrucks will they work into the broadcast? Better than any ad money can buy.
Mandatory reminder that this is a test flight, the probability of everything goes as planned is small, so I wouldn't count on this to benefit TSLA. More likely we'll see another storm of FUD articles from main stream media painting whatever outcome as big Elon fail.
jhm
Well-Known Member
I'm becoming concerned about the high delinquency rates for auto loan, low savings rates, and high mortgage interest rates. It seems like we could have a new mortgage crisis like 2009.
A $400,000 30-year mortgage today at 8% is a monthly payment of $2935, but just 2 years ago at 3% the payment would be $1686. Mortgage financing alone is a huge hit to disposable income. If interest rates do not come down, home prices will. Any contraction in the job market could send homeowners upside-down in their mortgages into default.
A $400,000 30-year mortgage today at 8% is a monthly payment of $2935, but just 2 years ago at 3% the payment would be $1686. Mortgage financing alone is a huge hit to disposable income. If interest rates do not come down, home prices will. Any contraction in the job market could send homeowners upside-down in their mortgages into default.
Knightshade
Well-Known Member
If one is expecting a large % of car loan defaults I guess it's good Tesla isn't doing a ton of vehicle financing like most of legacy is?
I've seen a lot of suggestion that last part does not follow-- all the owners with LOW rates (ie those who financed prior to the last 1-2 years) are staying in their homes because they have no interest in moving from a 3% mortgage to an 8% one, which is choking the supply of homes on the market and keeping prices elevated- in fact most predictions these days have home prices continuing to RISE through 2024, though a few instead suggest a small decline if rates start moving back down.
I like that this thread is relatively quiet and that the FUD has faded to a relatively quiet murmur…bullish
Buckminster
Well-Known Member
Buckminster
Well-Known Member
Also; small price increases to RWD 3&Y in China.
Q4 deliveries are now tracking above the record Q2 2023 in the real-time reporting countries in the EU: Electric Vehicle registrations in Europe: 13 countries, majority of BEV market
And I guess deliveries in Sweden are at least a bit delayed because of union.
I would like to contribute by taking delivery of my SP which I ordered with a delivery window of october-december, and I would very much also like to transfer my free Supercharging from my Oldie P85, but as of now, I am not sure if my car will be delivered in time :-(
Did you get a mail from Tesla stating that free supercharging transfer is possible? I’m still waiting for that in Belgium. Our local Tesla salesperson knows I’m interested but hasn’t notified me it’s possible.
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