Stretch2727
Engineer and Car Nut
Yeah. $51M cash after taxes and still over $10M in Tesla stock ( based on Mongo's post.) He's early 40's. No matter how it ended he should not be upset.
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Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
Artful Dodger
"Neko no me"
There's already over 34 cents per share on the books for 2024 due to energy revenue accrued in 2023:
"The margins are even higher! There is a very long tail ($3.8b!) in reserves that will be recognized in future years from Performance Obligations ($1b in the next 12 months alone).
From the 10Q:
"We have elected the practical expedient to omit disclosure of the amount of the transaction price allocated to remaining performance obligations for energy generation and storage sales with an original expected contract length of one year or less and the amount that we have the right to invoice when that amount corresponds directly with the value of the performance to date. As of December 31, 2023, total transaction price allocated to performance obligations that were unsatisfied or partially unsatisfied for contracts with an original expected length of more than one year was $3.43 billion. Of this amount, we expect to recognize $1.05 billion in the next 12 months and the rest over the remaining performance obligation period."
"The margins are even higher! There is a very long tail ($3.8b!) in reserves that will be recognized in future years from Performance Obligations ($1b in the next 12 months alone).
From the 10Q:
"We have elected the practical expedient to omit disclosure of the amount of the transaction price allocated to remaining performance obligations for energy generation and storage sales with an original expected contract length of one year or less and the amount that we have the right to invoice when that amount corresponds directly with the value of the performance to date. As of December 31, 2023, total transaction price allocated to performance obligations that were unsatisfied or partially unsatisfied for contracts with an original expected length of more than one year was $3.43 billion. Of this amount, we expect to recognize $1.05 billion in the next 12 months and the rest over the remaining performance obligation period."
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This may have had a negative effect on the TSLA opening price, as algobots and chicken littles reacted to the news. Then calmer heads must've realized that it only involves the degree of FSD "nagging", and a share price dip may have presented them with a buying opportunity.
And this is why we need an explosion of L2 chargers at apartment complexes and places of employment.
IMO, L2 charging is far more critical to EV adoption than DC fast chargers. Road tripping is mostly solved. But apartment dwellers need access to convenient, inexpensive charging or it won't make sense to buy an EV, regardless of the initial cost.
The median household income for Washington state for 2017-2021 was $82,400.
Even the highest, King county which includes Seattle, was not that far above the limit at $106,326.
The lowest county, Whitman, was only $43,613. That gave it a rank of 2700 out of 3141 US counties.
No so hilarious.
And many people who live in the exurbs and rural areas commute, often for long distances, into a city or a town. So these people will disproportionately benefit from the lower fuel and maintenance costs of EVs. That may allow them to afford the FSD subscription which will improve their health and safety.
Not to mention the robotaxi income while they’re working in town.
Seems like a fairly enlightened law to me.
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It's a chicken and egg problem. I do believe we need more EVs first before landlords are starting to find a L2 charger becoming a selling point.
GrandEnigma
Member
The other option is receptacles available at parking spots and its BYOC. Minimal infrastructure needed for that. But at the same time, really only works in a high trust society I guess.
Motor Mouth
Member
I agree to a point. It's not static. That "selling point" already exists right now in cities on the West coast (all that I can personally speak to). That trend will wash across the country - particularly if there is proof of concept to point to.
I had to laugh.
So few have even the remotest clue as to how much the fossil fuel industry profits from the status quo--it's why they fight like Hell to retain the status quo, usually through proxies and politicians, despite the tremendous risk it poses to our entire planet's future. (FYI: Dubai just had about 18 months of rain ALL IN ONE DAY.)
Try this factoid on for size: the industry's DAILY PROFIT was just a hair under ELEVEN BILLION DOLLARS in 2022:
/cloudfront-us-east-2.images.arcpublishing.com/reuters/W63BOIZUBBMSJJJSZWSXCNCLLI.jpg)
Oil and gas industry earned $4 trillion last year, says IEA chief
The global oil and gas industry's profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency (IEA), Fatih Birol, said on Tuesday.
www.reuters.com
Mind blowing how few have even the remotest clue, still buying their coffin cars (ICE vehicles) by the millions.
Perhaps our species doesn't deserve this beautiful planet after all?
Artful Dodger
"Neko no me"
TSLA shareholders should be flooding the NHTSB with this kind of video. This is how FSD saves lives. But it will never show up in the statistics. It will only show up if we flood the NHTSB with videos. Hint!
That's true, but landlords should realize that this is an opportunity to make some extra money. If charging is available, tenants WILL buy EVs because the price of an EV will continue to plummet.
Plus, the initial investment for the landlord is pretty low. It doesn't cost much to add a couple of chargers, then add more as needed.
So the landlord gets paid and the tenant saves money buying electricity instead of gasoline. Tenants also save money on unexpected repairs which makes them less likely to fall behind on the rent.
if there's a will, there's a way
AC Lamppost Chargers
ubitricity lamppost chargers are a quick and cost efficient solution for your EV infrastrucutre strategy. Get to know our fully funded offer.
ubitricity.com
As of now, over 8000 chargers in London, using already existing infrastructure.
Knightshade
Well-Known Member
The limit I cited was a family of 4.
The credit income max with a household of 2 (which is much nearer the median household in WA) is only $61,320. $45,180 if single.
So a couple with no kids would need to be ~25% below median income to qualify.
I mean, it's better than states passing anti EV laws, but it's still going to be a minority of people who can BOTH qualify for the credit AND (sensibly) afford a new vehicle).
if there's a will, there's a way
AC Lamppost Chargers
ubitricity lamppost chargers are a quick and cost efficient solution for your EV infrastrucutre strategy. Get to know our fully funded offer.
As of now, over 8000 chargers in London, using already existing infrastructure.
AFAIK most street lamps in the US are 120v, not 240v like in europe- so a lot less useful/practical here
GrandEnigma
Member
if there's a will, there's a way
AC Lamppost Chargers
ubitricity lamppost chargers are a quick and cost efficient solution for your EV infrastrucutre strategy. Get to know our fully funded offer.
As of now, over 8000 chargers in London, using already existing infrastructure.
I love this use-case, but then it opens up the question of charge port location standards, for that to work they would have to be on the passenger side.
Where is the sad reaction tab.I had to laugh.
So few have even the remotest clue as to how much the fossil fuel industry profits from the status quo--it's why they fight like Hell to retain the status quo, usually through proxies and politicians, despite the tremendous risk it poses to our entire planet's future. (FYI: Dubai just had about 18 months of rain ALL IN ONE DAY.)
Try this factoid on for size: the industry's DAILY PROFIT was just a hair under ELEVEN BILLION DOLLARS in 2022:
Oil and gas industry earned $4 trillion last year, says IEA chief
The global oil and gas industry's profits in 2022 jumped to some $4 trillion from an average of $1.5 trillion in recent years, the head of the International Energy Agency (IEA), Fatih Birol, said on Tuesday.
Mind blowing how few have even the remotest clue, still buying their coffin cars (ICE vehicles) by the millions.
Perhaps our species doesn't deserve this beautiful planet after all?
Why? England is same as most of europe, you can park facing either direction.
Musskiah
DisGruntled
It's plain to see Energy Gross Margins are going to easily surpass 30% when Lathrop is fully ramped by year end. The real humdinger will be in 2027 and beyond when the revenue recognition alone between fully ramped Lathrop and Lingang numbers closer to $10B. To put this in perspective, the nearly pure profit unrecognized revenue that will be realized after 2027 is going to surpass the revenue of all of Tesla Auto in 2023 or 2024 (or 2025 for that matter). Think about that. Two Megafactories, just the UNREALIZED REVENUE (MOSTLY PROFIT) surpasses the profit of ALL 4 Gigafactories. So what happens in the late 2030s when Tesla has say 50-100 Megafactories? Tesla Energy is a beast.
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Artful Dodger
"Neko no me"
And yet, Elon tells us that the Optimus / Teslabot business line will be bigger than all other Tesla product lines combined. This includes Tesla Auto, Tesla Energy, and Tesla Network / Autonomy.
No wonder Teslackies want to fire him as CEO!
GrandEnigma
Member
The examples I have seen of this are people street parking at a lamp post in a urban area, not a proper parking lot.
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