When comes to the home battery, you can not think in luxury like cars. It is just utility. The question becomes: do we have power anxiety at home. When I moved into my new home, there were two or three power outrage in that year. I really got worried that it would happen every year. I went ahead and bought a generator (For $600). But never used since then. Power outrage happens, but not as often as we think of. Even it happens, it get fixed quickly (consider emergency). There are home generator system ($10,000) using gas to power you home if main power were off. I don't seen many people install these staff. Then why people buy battery for the same purpose. I would not buy it.
Now if you think about the power your house with renewable energy such as solar, wind..... That will be different. Everyone would like to have such battery at home to store the energy. That is what I bet on it.
This is a future stock and can not be valued based on the earning right now. One point should be taken in if you really play this stock: Most of the money TSLA spent was on the research, not the car productions. That differentiates TSLA from rest of the car industries. Lot of people even don't consider TSLA a car company, rather a technology company. Just give you a little flavor as Elon said: you bought a TSLA car few years ago, and you wake up next morning, and you find yourself driving a new car again because it has been all updated while you were sleeping last night. This is something you just could not find in other car companies.
I am kind of disappointed to hear how Elon plans to end the range anxiety. I expected to hears something surprise to many. But it is so much out of Elon's style, almost sound too stupid. Basically he said that his software invented way to tell driver if you have 10 gallons of gas in your car, don't drive over 200 miles if your car runs about 20 mile/gallon. Is that something for conference presentation? Does he run out of idea or something?
You really can't end "range anxiety unless energy can be provided in the air during driving. Think about driving an airplane and one would have more such problem. But now there is midair filling technique to solve this problem in military.
Gasoline car would have the same "range anxiety" although we are used to think there is always gas station nearby. But it is not always so. Once I was driving in mountain area and gas was running really low. You could not believe how stress I was to think that I was not going to find next gas station before my car run out the gas.
Since both gasoline car and electrict car have the same issue, I would rather ask the question which type of car could potentially solve this problem at end.
I am not sure who will win the race: Ford or Musk. But my guess is the electric car will win the race due to the computer software and its associated advanced technology. Think about your cellophane for example. It can do so much work that one can not imagine just 5 years ago. Now you can charge your cellphone without plug in.
Ellon has tons of people to develop software for the car, space shuttle and superloop. It will be a pierce of cake for him to develop an software to maximize the energy usage of the thousands of batteries in a car. Remember, he can update Tesla car with up-to-day software in the air.
I don't have rumors, but has some feeling about what could happened.
Ellon said that none of the battery swamp and supercharger are the news tomorrow. You have to know Ellon. He is a very smart and intelligent guy with vision in the future transportation. He knows how to intriguer peoples interests and he never lies. He often uses media to do the job. Teslar has lot more people doing research than people making the car when compare with all bit car companies. Ellon also has company called Space X and is in the process developing hiperloop train.
When he tweet the news about ending "range anxiety" issue, he means it and it is not what people think about how to do it. Remember he tweet the "Double D model". It turned out to be software update that boosts car to 60 mile in 3 second. I think he will announce car software update which can redistribution of energy from battery to get more mile range or fitting more batteries in a car.
I don't mind if he presents a more revolutionary idea. That only send the stock price the sky.
I like to hear others option on this.
Does it mean that we will expect Tesla make the same recall? Comments will be deeply appreciated.
It is a Toyota recall, not Tesla recall.
But Toyota got the system from Tesla. Does it mean that we will expect Tesla make the same recall? Comments will be deeply appreciated.
I am surprised that it hold at $0.2 level pretty well for a week. I really hope LDK can release some news about their plan or production status. Until then, your dream of one dollar may become true.
I am not worry too much of their debt since most of chinese solar companies have huge debts and still there. I would like to know what you think of their business. Can they get back to the game in a short period time before they run out of cash?
Come on, there are 1,212,465 share changing hands. It got to have more people contributing to this board. Please give your opinion on this stock.
With the end of chapter 11 and 15, company can focus on its business now. At the price of $0.22/hare, there is limited room for downside, but benefit from upside is huge. It is still risk stock, but wining chance should be much bigger than the power ball last weekend.
I wish someone with more knowledge will provide answer to your question. But my understanding is that LDK will stay for a while for sure. This company used to be the largest solar company in the whole world. Facility is still there and it can make huge number of solar products. The question is if it can sell its products in a highly competitive market and regains market share.
LDK made so many people happy, so many people cry, so many people rich, and so many people broken. It almost like it became part of so many people's life. It will never be completely forgot. Old folks, you should come back and at least find out what happens to this baby? Give blessings or curses, tells your story about it. So he is alive and needs your attention.
It looks like LDK is survived. Hope it will make the most increased price stock for today. News will bring back old folks that abandoned this stock. Next weeks will be interesting. Of cause there will be profit taking for sure. But I am sure that most of the people bought the stock today would like care for few cents/share and they are looking for 10 fold profit. Wait until it goes to over $1.
Cheers to the longs if there is any.
There are couple of analyst articles comparing number of cars sell by TSLA with that of GM. I don't think this is wise compareson. EV is a very new concept. It is unfair to compare EV car sell with GV sell. These analysts draw people to thinking that TSLA should sell the same number of cars as GM does. It just like someone try to compare the number of horses or wagons sell with car sells at the beginning of auto industry where Gas is expensive that raising the horses and car was much more expensive than that wagons. To this end, I think TSLA did excellent job to position themselve in the car industry in a short period of time.