When you have your whole brokerage firm put a deposit down to inflated the numbers. Have everyone then slowly get their deposit back over a year?
Sentiment: Strong Sell
Depends on what your income is year to year. I haven't had a job with a steady pay check for 20 years now, income goes up and down. Doesn't mean my spending matches my income for a year.
I doubt this guy paid cash.
and I care why? I'm richer then half the world population by far. Maybe more like 90%. Taking money from me will not help the peasants of the world.
My state work like this, net meter and the power company will buy the power at a whole sale rate which is about 3.5 cents a KWh right now. No way to game that system. My electric rate is 13.5 cents a KWh so the cost of a grid tie system will never pay it's self off. That's why here in SC we have great sun for solar panels yet just about no one uses them. Off grid is too expensive to ever pay for it's self as well. I use a heat pump for A/C and heat, numbers just don't work.
I talked to a few guys years ago who lived in CA and they made out like bandits on their grid tie systems. Their day rate was something like 32 cents and the power companies had to buy the power they produced at the retail rate. Of course the night rate was something like 14 cents so when they came home from work they used almost all their power at 14 cents while banking money all day at 32 cents when they weren't even home. Sweet deal. I would have done it myself but it doesn't work that way here.
Problem there is the power plants need to run no matter what to cover peak demand. Let's say the sun is out the full day no clouds, maximum solar output. Plant doesn't slow down to account for that because a rain storm could come in and rain for the whole afternoon. Power plants don't work like a gas pedal you don't just turn them up or down at will. Takes hours to adjust there output.
Only a off grid solar system will cut down on CO2 emissions. Power plants don't store power to be used at different times. Sound nice to say your net metering grid tie solar system is cutting down on CO2 emissions but it isn't.
The problem is more about different job classifications and work rules. Skilled traders are especially problematic in the US.
At UAW plants it takes a herd of people to put in a new toilet. You have your plumber, plumbers assistant, safety inspector who makes sure all safety protocol is followed plus the a union rep to make sure the union employees are only doing there job and not someone elses. Then a team comes in to take the toilet out to the toxic garbage area where the toilet is sealed label and inventoried as hazardous waste. By the time they're done maybe 10-12 people will be involved.
Welcome to the world of exotics, stop your whining get a Chevy. Chevy be fixed soon enough.
Hang on to your cankles investor types who are holding Tesla long term because it will make you rich over the long term. Profit is not a profit till it's booked. Just saying.
Fast money will be all tooled up this week. It's about winning the game when it comes to stock trading.
I brought that up a couple of years ago. Even 500,000 a year would quickly cause problems for the power industry. According to the green tree huggers by the time a large number of EV#$%$ the street, solar power will fill up the power needs.
That hasn't happened but the cars are coming.