They can be recharged quickly. Takes 6 seconds to plug it in and go into the house or walk into work (if workplaces had EVSE which very few do). Imagine if workplaces had 20 EVSEs using a large solar array up on the roof. Sounds good, right? What about the other 800 cars that drove to work that day - they still use their ICE. To convert all 800 other cars, you need a 40x larger scale solar array or other grid-tied renewable solution - otherwise, we keep on keeping on with the grid generators we have now. I don't know if I can "honestly" say my home Solar PV array feeds my car at work miles-away but effectively, on the net of it all, maybe it would be a wash. Is it cost effective for every family to put up 8KW of solar and plug-in at their workplace? Probably won't be like that for 4 decades on the large scale. What about universities for commuter students? Shopping malls? If the answer is "put in a stinking 85 kWh battery in every car" then that is gluttony as a solution. The answer is somewhere less - something meaningful but not over-using resources. I really think they did it right with the Chevy Volt - but the BEV crowd feels that it's too complicated and doesn't make sense. Ok - just double the Volt battery size and that gives us up to 100 miles in the summertime of range - not bad for most drivers. The Chevy Bolt coming out in a couple years is said to be nearly 200 miles of range. That may actually be too much for many drivers. Leaf comes out with 150 mile range. The need to charge at work and at the mall goes way down with these sizes of batteries. But they surely won't have 85kWh onboard. More like 40-50 kWh.
Energy doesn't come from "nowhere" (zero-point energy still to be determined).
However, it is the vast amount of energy that we need to run this economy - that's primarily the problem. Do we need 90 Million barrels of oil consumed worldwide per day? (compute-out how long oil will last using that number - it isn't all that long, really). Do we need multiple Terrawatts of energy demand? Is there any way we could use less and still be as happy?
Naturally, as the average age of the populate goes up, we will use less energy per-capita. Grandma in a nursing home uses far less energy than her grandson driving 50 miles to work each day and running his family's McMansion out in the suburbs, having kids and running them to their hobbies and affairs.
We need oil and power generation - if we "need" this economy to sustain. Without the constant flow of these resources, may as well look forward to a collapsing economy.
Also - if we were to get something like zero-point energy (ie. generation of output from what might be called perpetual motion machines) - could we even properly handle it? Would we take care of it properly and use it wisely? Or would we screw that up too?
Incentives are supposed to start up a marketplace - not be the lifeblood of it. Currently, renewables and EVs are high supported by incentives. Take away what - $10,000 in tax credits and rebates in CA for Nissan Leaf and Chevy Volt and see what happens with sales of those. And some Teslas too would slow in sales. But for the wealthy - I am pretty sure that many are affected by AMT and have to give up the tax credit in some cases.
What would cause this pop? They had the pin set a few days ago. Even with the pump yesterday. This trades based on what IB wants it to. You're only along for the ride - unless you have inside information that others don't have.
Can you imagine the right-side stalk being the shifter and you can accidentally bump it into Neutral with your fingers while just using the steering wheel? That shifter lever is "nice" and luxurious but also is in the wrong place. Something used very infrequently should be on the center console, away from the wheel. But it is "cool" being right there on the stalk. Cool trumps safety.
I don't believe the reservation book was strong enough to support it - until the 'D' models were revealed. Now, there is renewed interest and trade-ins and CPO programs and so on. They did a good job with the 'D' in renewing the juices. And reading the financial sheets - it does appear that they are saying they intend to spend most of the cash in the bank this-year. Then what? They need to do something.
From the 10-K:
" Our ability to refinance the Notes or future indebtedness will depend on the capital markets and our financial condition at such time. We may not be able to engage in any of these activities or engage in these activities on desirable terms, which could result in a default on the Notes or future indebtedness. "
Well, what is it? In terms of the Vin # assignments recently, it is looking like, from my tracking data, that there are more gaps between vin #s and the last time they did this, Aug/Sept 2014, a lot of inventory cars were built "pre-D". Besides that, $397MM of finished goods (most cars, some drivetrains) were there at the end of 2014. I suspect 2000 or more cars are available now for "shop via warehouse" besides the CPO program. And I suspect that many will be RWD cars for fleet-type situations (ie. remember the 167 Taxis bought in Holland at the airport?)
Anyone know what the heck is "Shop via warehouse"?
(part of the Andrea James line of questioning)
from Q&A 2014 Q4 ER: Deepak Ahuja - Chief Financial Officer
"We would have significant positive operating cash flow, obviously as our business --our volume gross and our gross margin continues to improve. We’ll also have some cash used on our direct leasing program. Our expectation is that we will establish shop via warehouse line for leasing cars and that will continue to grow and fund the big portion for leasing funding required. So overall, we feel pretty comfortable where we are in terms of our 2015 look from a cash burn perspective."
It almost....almost sounds like the same power loss you would get if an ignition switch were to somehow turn off.
Ah, intention all along may not be to repay the notes but just refinance them. If they can.
Sounds like a true 1-percenter American - lots of credit cards, McMansion, nice cars, kids in private school. Until one busy parent loses a job or decides his secretary is just too cute to resist.
Let's see them first do 10,000 in a quarter. I think the intention is their but their logistics have yet to prove they can do big numbers. Boats? Vacations? If logistics includes excuses - I guess that's fine.
LG Chem just turned on a battery bank that was apparently the largest single site battery on the grid to-date. I posted about it here a while back. Same cells in that grid-tied system as they use in the Chevy Volt. Dozens of firms doing load-shaving...
MS looking foolish as a company too:
Maybe they need to pump their friends' stocks to make up for this loss?
Not a ton - I don't want to be stupid like last year - but if I had the skills last two years, could have paid for my house. I shorted from late 2013 into mid 2014, got killed during February and then discovered writing options rather than buying them. It has done pretty well overall in terms of setting up for future gains. Primarily well OTM LEAP 2017s which are not hard to manage and then 2-3 month out puts and a few calls here and there.
There is a lot of reasons to diversify. Nobody should really be in this more than 5% of their portfolio. I have fertilizer stocks, oil and refining, automotive, mutual funds, bonds and so forth. No reason to be silly and play one "casino table".
One thing I tell people is learn options selling (with care and planning) and the best way I have found was to be educated by well seasoned options sellers on the site tastytrade.