The news is good to attract those who know nothing about industry. It is also laughable for those that do.
You're a nutcake (it is holiday period now, so fitting).
There was never a battery shorage in Q3. How did they put extra cars into the pipeline to EU if there was shortage. It was mis-statemet that Musk later restated. Call IR at Tesla for a complete explaination.
It's kind of a nepetistic situation along with the fact that Li-Ion batteries really are not a cost-effective way to do this. Li-S and other higher-capacity newer-age batteries will be better. SuperBatteries from East Penn are better.
Very few installs for batteries will happen. This is PR posturing. More BS since battery backup of solar is VERY expensive per kWh supplied.
Now, with the "news" of batteries used to "save money" at businesses using Tesla batteries - that helps seal my view that SCTY is going to flame-out at some point.
The one problem Tesla has is daily vampire drain which plays against this efficiency.
In terms of power generation, the grid currently could support 20 million consumer based commuter cars. Each gallon of gas contains more than 3 or 4 kWh of electricity used to create that gallon. If three kWh can drive an EV about 9-10 miles. So, transition from refining gas to charging EVs is almost break even if moving fro a 12 mpg car to an EV.
You know me being a short and all.... But I know that EVs can fit into the grid just fine. The only time EVs play a negative is during "peak summer localized grid over-utilization". Like a 120*F day in So. California. Otherwise, the grid and EVs can co-exist just fine.
I charge my own Volt during the lull in grid usage - 3am to 7am. If all EV drivers used night-time charging, it would pick-up kWh sales by the power systems and make for a better income for them while still using electricity and not oil for transportation. If your job has a solar pv system and you charge mid-day, you are using locally-generated power "more" than if work did not have solar. I charge at times under a 200+ KW solar array and don't impact grid usage mid-day at all. (plus only using 120V at 12A is not that much either)
Senators have looked into this and found that millions of EVs can be deployed on the existing grid without upgrade.
Then WHY do they need an 85 kWh battery? There is no reason to have large batteries in EVs if this is the case. Except to get 7 ZEV credits worth up to $35K per car.
That is wrong too and he is using the relative unknowing public as a pawn.
It is far more power depending on your driving needs. 1kWh per 3 miles of driving or less due to charging losses. Refrigerators use about 8-12 kWh per day.
Unless you are only driving 25-30 miles a day maximum, then the car is using more than a refrigerator. I believe Musk needs to be called out on such matters to give DETAILS of his blanket, random and usually sometimes innumerate statements.
Absolutely not! BS flag thrown.
Draw during charge can be up to 40A or more if you use HPWC.
A refrigerator running is between 140W and 200W. Startup draw for a moment can be 700W to 1500W.
What was that deal? I hadn't heard it but it must have been late 2012 when that brag was done. Clearly, Toyota is not interested in moving past their hybridization.
SCTY could be a good coordinated short. It has a possible headwind with government incentive oscillation and sells in primarily incentive-rich states and avoids non-incentive rich ones. Like TSLA, it used government incentives to start up and grow and now is selling REITs against their customers' energy production. If CA reworks its payback to solar installers and sites and other states like NC and NJ stop supporting installs, then you have a good one. They also recently did the Sr. Notes shenanigans with a $62/pps target for those note conversions and the stock quickly hit that number and floated lower. Reminds us of someone?
Without government incentives and loans and financial instruments, both companies would have had trouble even existing.
Solar PV is good in that it "helps" cut traditional energy production demand - but only mid-day. What SCTY is doing is throwing up systems quickly (as fast as 3-hours using newly aquired Zep) on homes and signing people up with 2.9% annual increases in their contracts (booo!). This puts a moderate burden on local grids since they still have to pick up demand as the day moves through the later after noon and evening. Solar PV does not shut down power plants but alters the need for peaking plant runs mid-day. One good way to use Solar PV is to charge EVs mid-day to take-up the increased production of nearby Solar PV arrays thus balancing the demand that added EVs on the road will put on the grid for commuters driving EVs. Smart grid technologies could keep EVs charging at work during peak Solar hours and slow up their charging when the grid falls under pressure (when freq. and voltage dip).
I believe eventually, power companies will fight back the rollout of Solar PV as will state power oversight committees. Batteries may be needed to help balance the demand peak curves. Solar + EVs is one way to do it if EV owners are willing to tie their charging into peak sun hours. But neither are currently a panacea.