Suppliers don't always react instantaneously to price changes. Suppliers have an inelastic supply function in the short-run and an elastic supply function in the long-run. Econ 101 didn't fail, you failed to understand Econ 101.
wrong, it has a gross profit margin of 25%. Anyway the stock is trading of future expectations. Elon Musk is a genius. I wouldn't bet against him.
Musk is trying to save the Earth, but if trolls like you manage to destroy it, humanity will have a backup plan courtesy of Musk.
wrong. Solar costs are decline 10% a year, in 5 to 10 years solar panel systems will be so cheap that every house will have one. Wind already accounts for 6% of the power in the United States, which indicates that grid can handle intermittent sources of power.
"The actual costs for solar are not transparent since the government backs the solar industry and many states."
The same can be said for the coal, natural gas and oil industry. Anyway, you can come up with a pretty good estimate of the goverments contribution.
" O&M for coal but you really have to calculate that O&M per mwhr "
The O&M per KwH is less than a penny for solar.
" I don't fully understand the scty model but apparently they are somehow packing these huge installed cost into some type of bond."
It actually a pretty easy model to understand. SolarCity pays for the system. Then, when the solar system generates electricity, Solar City sells that electricity back to the customer and the electric company.
You are also ignoring the huge environmental damage coal is doing. One Harvard Study puts the annual negative studies of coal at 300 to 500 billion dollars.
No idea, less than 1%? Solar City's revenue is growing at 100% a year. Ten percent of homes in Hawaii already have solar panels on them. It is just a matter of time before solar has the ability to save more people more money. Solar panel prices come down 10% a year and energy costs go up on an average 3% a year.
The pro coal people on this board always say, well solar only generates 1% of US electricity, and they always ignore the rate of growth of solar. They always ignore the falling costs of solar.
Solar generates energy when it is most expensive. The USA can add 10 to 20% solar to the energy mix without adding storage. Every home will have solar on their roofs because solar will be ridiculously cheap
You are completely not factoring in the rise of distributed solar. Solar and battery prices are declining 10% a year. Distribution accounts a majority of the cost of electricity. Homeowners and businesses are going to start putting up solar at an exponential rate.
Everyone on this board said "Coal provides 40% of he electricity in America" when ACI was at 4 and 5 dollars. 20% of coal capacity is scheduled to be retired in the next couple of years. Solar and battery technology is decreasing by 10% in costs every year. It doesn't take a genius to figure out that solar will be a big player in the future. Coal's days are numbered. It is in secular decline. Coal will supply less than 20% of America's energy in 10 years.
There are several US companies which make their own solar panels, including, FSLR, and SUNE.