Another reason for recent government storage investments may be Japan's ambitions to dominate the global grid-scale battery market.
In a presentation given at an International Energy Agency event in 2013, Yoshiaki Shibata of the Japanese Institute of Energy Economics made his government's position very clear. Noting that by 2020 the storage battery market is projected to increase to some $200 billion, the Japanese government was interested in "developing technologies, seeking international standardization and expanding dissemination of storage batteries," with the goal of helping Japanese companies capture 50 percent of the global market by 2020.
The Butler unplugs the car, dusts it off, shines the windows and prepares your driving gloves. You press the button. Sheesh - don't you know good living?
It now lies in the hands of Janet "Trillions" Yellen. And we thought Bernanke held sway over markets.
Could have printed the same report on 1/1 - but they wait until it is very battered down and then post it. These type of analysts are useless.
Come on, it was Dan Galves. He talked up so many companies in the green space that are bk now.
I honestly believe he was guided last year to short oil by his handlers at GS and MS. Hence their print in the Q2 2014 ER statement regarding the macroeconomic conditions. Could have been part of paying for his recent options purchase. He may be "doing fine" if his trust participated in the oil war.
I thought telecommuting was going to kill airlines? Travel is at least the same volume as the 1990s prior to telecommuting. Hyperloop "could" replace regional rail in some commuting cities. But trains do a great job now in Hong Kong, London and NYC among many others.
May have produced them but may have built a good few hundred demo/loaner models up front to entice "more orders" rather than give actual paying customers their 2-3 year old ordered cars.
There is demand and there is interest. I have a long distance friend who visited the car show in Philadelphia, PA this past week and said the Tesla booth had two MS cars in it and was "jammed" with people sitting in the car and talking to the reps. Sure, lots of lookey loos, but how many are placing orders? It would show up in February and March Vin # issuances.
In fact, I would not be surprised if GS advised Musk to short oil companies in 2014 in the family trust to then make the money needed for things like buying his recent options package at this time.
It is rare musk even mentions the employees in interviews. Do you really think the word "valued" is important here for a company that prides itself in the number of robots used during construction? People are there only to move cars around between robots and to the train or truck. If the cars could obtain autonomous features, many of those features could be used during construction, delivery and even on the sales lots. Autonomous cars help cut company costs.
Stock winners bought cars. Some bought multiple. A software firm I worked at in the 1990s had people not buying the product at times when the stock value was heading down which fed the company's competition.
"But who knew oil prices would drop below $30..." Perhaps Musk and CFO did. They wrote about "Provided that we execute well and there are no serious macroeconomic shocks, Tesla’s annualized delivery rate should exceed 100,000 units by the end of next year." -- Q2 ER 2014 (July 31, 2014)
With that and advisors at GS and MS out there - and with just a month or two prior to the "new OPEC decisions" to be made, there must have been some setup to protect the sovereign wealth of oil producing favored-nations by the big banks. Days after John Kerry visited S.A. in later 2014, they "held firm" to production levels and continued pumping. Been that way now six quarters. Throw in meetings by those in control at places like Bilderberg meetings and other back-room deals and you have an oil war in progress.
Do I think people knew they would see $30 oil? Sure. Did we all believe it then? No. Slow boiled frogs do not leap out of their warming pans.
There is a guy who posts on Seeking Alpha who goes by Logical Thought who shorted TSLA with this same premise. I wonder if he covered yet. He said he did expect this level of pps.
They said they were sold out of powerwalls and powerpacks, they said. Does anyone have a powerwall installed anywhere in the world? Any periodical reviews? Balance of system cost analysis? Value to the owner? The April 29 reveal was almost a year ago. Remember the ramp of the pps after the tweet "new product, not a car"? It seems to be time for another tweet. Maybe about the progress of the Hype-r-loop or other whiteboard engineering product.
You need to watch "Better call Saul" to know what I meant.
In the ESPP type of plans, you decide the amount you want to buy for 85% of market price on the day of ESPP action. Then you can either hold the exercised options or sell them. Employees who did not buy/sell same day can end up with underwater options values. I remember the 1990s when a lot of people did just that and got creamed when they finally sold their shares during the downfall of the internet bubble bursting. I knew a few paper-millionaires who ended up with nothing.