Tesla!

[Scooter11]

This thread is focused on its stock, which I bought the other day and now after closing today the stock jumped up 15%, once second-quarter operating profits were released. Suffice it to say I'm a happy camper!

Here's a link: http://www.cnbc.com/id/100946535

[upflying]

Congrats, I see a lot of Teslas here in Ca, including a few broke down on the shoulder.

[G-Oil Guy]

Originally Posted by upflying

Congrats, I see a lot of Teslas here in Ca, including a few broke down on the shoulder.

Man, we get it. You don't like EVs. Is it really necessary to derail every thread about them? From your logic, Gasoline powered vehicles must absolutely suck because I see more of them broken down on the side of the road then I do EVs and hybrids.

And just a quick aside: every con you have for them was exactly what was said about gasoline powered vehicles by horse farms and steam powered auto makers. Every new technology has to overcome the barriers to entry into the market. But as they do, prices come down and distribution networks get bigger.

CNG cars have the same problem right now whn it comes to distribution stations but that is slowly changing. It's changing so much that ford will be offering a CNG powered F-150 straight from the factory next year.

As for the OP. congrats on the move. Just be careful you don't hold on too long if there are signs of trouble in the future. As of now I don't see that happening. Tesla keeps demonstrating that they're not just in this as a science experiment but to legitimately bring a valid alternative to the market and make it widespread. If their lawsuit from dealership groups goes on Tesla's favor we'd be one step closer to ordering our cars directly from the manufacturer with no middle man. That would be sweet.

[upflying]

No problem with EV's as long as owners know their fuel comes from places like this coal fired generating plant. Do you want Green House gasses from power plants or do you want them from tailpipes?

[MikeSVX]

Originally Posted by upflying

No problem with EV's as long as owners know their fuel comes from places like this coal fired generating plant. Do you want Green House gasses from power plants or do you want them from tailpipes?

The power generation is getting better, at least out west. You see a lot of solar and wind power generation farms in Nevada, Arizona, and California. In the east it's still more of an issue. I know Nevada is actually requiring the power companies to get a certain percentage of the power they produce from clean, renewable sources such as solar.

[dixonk]

Originally Posted by upflying

No problem with EV's as long as owners know their fuel comes from places like this coal fired generating plant. Do you want Green House gasses from power plants or do you want them from tailpipes?

The electricity coming to my house is 100% renewable. Wind and hydroelectricity. So that statement is not true for everyone.

[trademaster]

In Elon we trust.

[JR 1]

Originally Posted by upflying

No problem with EV's as long as owners know their fuel comes from places like this coal fired generating plant. Do you want Green House gasses from power plants or do you want them from tailpipes?

The fact of the matter is than even if EVs were 100% powered by electricity from coal power plants there would still be less energy consumed and less pollution than conventional gasoline powered cars. Of course power plants are increasingly more efficient and less polluting, and as others have stated many EV owners generate part or all of their own electricity from solar panels, wind, etc. I just took a masters class in energy systems and it is a fascinating subject. I recommend you put politics aside and educate yourself on the matter. We would be a lot better off if people got their education from professors instead of politicians and the media.

[GretchenGotGrowl]

Originally Posted by upflying

No problem with EV's as long as owners know their fuel comes from places like this coal fired generating plant. Do you want Green House gasses from power plants or do you want them from tailpipes?

If you only consider the green house gases from operation of the vehichle, the EV comes out on top. National average of lbs. CO2 per KW is 1.34 (0.61 for CA). You can travel about 3 mi. on one KW. So, you you travel 12000 miles in a year using the national average that is 5,360 lbs of CO2. If a car gets 26 mpg and travels the same number of miles it will uses 461 gal of gas. Burning 1 gal. of gas releases 19.6 lbs of CO2. That's 9,036 lbs of CO2 per year, or 3,676 more than the EV vehicle.

However, the amount of CO2 released is greater in the production of the EV currently, and the batteries have their own environmental drawbacks. Both will undoubtedly get better as time goes on.

[SS 376]

Originally Posted by Scooter11

This thread is focused on its stock, which I bought the other day and now after closing today the stock jumped up 15%, once second-quarter operating profits were released. Suffice it to say I'm a happy camper!

Here's a link: http://www.cnbc.com/id/100946535

Let's keep it on topic. I had bought it 6 weeks ago at $121, then it dipped to ~$100 so I got scared and sold. Now I feel a bit dumb. Short interest on the stock is pretty big, at 25% of float, so today's rise could be a really bad short squeeze. I am seeing more and more Teslas here in Dallas, so long-term I like the stock, but I think at $150 and barely any earnings, it has gotten a bit ahead of itself.

At $150, basically nothing can go wrong. They'd need protectionist dealer laws to go away, other companies like BMW or Toyota to not be able to sell competitive EVs, the Supercharger network needs to pan out, and they need demand for EVs to keep going through the roof. Can all four happen? I'm not sure, but the minute there is some bad news (and eventually there will be), then I would get back in.

[LimaCharlie]

I haven't seen one here in Tucson.
As a car enthusiast, I don't like the idea of EV's. I prefer to hear an engine, smell the exhaust, etc.. An electric motor in a car does not interest me, no matter how good the performance is.
I see the potential for Tesla however. Most drivers on the road don't have the same interest in cars as me. Most people just want a transportation appliance that gets them from point A to point B (preferably quiet, smell free, drama free, relatively cheap, and looks good). Tesla seems to deliver on this for people who can afford the car. The current 'Model S' is expensive but I read Tesla is supposed to be releasing the 'Model X' in the next couple of years. The Model X is supposed to be priced around $35,000 and go ~200 miles on a charge (highway, of course).
Unfortunately (my car enthusiast opinion), I see more and more EV's in the future. However, they won't be really popular until the technology comes down in price where the typical lower/middle class person can afford one. This is probably 10 years away still.

[05stram]

Originally Posted by GretchenGotGrowl

If you only consider the green house gases from operation of the vehichle, the EV comes out on top. National average of lbs. CO2 per KW is 1.34 (0.61 for CA). You can travel about 3 mi. on one KW. So, you you travel 12000 miles in a year using the national average that is 5,360 lbs of CO2. If a car gets 26 mpg and travels the same number of miles it will uses 461 gal of gas. Burning 1 gal. of gas releases 19.6 lbs of CO2. That's 9,036 lbs of CO2 per year, or 3,676 more than the EV vehicle.

However, the amount of CO2 released is greater in the production of the EV currently, and the batteries have their own environmental drawbacks. Both will undoubtedly get better as time goes on.

I agree everything gets better with every generation or advancing of the product. Something has to be done every population center in the US is hot with global gases and coal is not the only perpetrator

[Brian 1LE SS]

Originally Posted by dixonk

The electricity coming to my house is 100% renewable. Wind and hydroelectricity. So that statement is not true for everyone.

Unless you generate it yourself that is not true. Your power comes from the same place mine does.

[Silverlsinva]

Originally Posted by 05stram

I agree everything gets better with every generation or advancing of the product. Something has to be done every population center in the US is hot with global gases and coal is not the only perpetrator

Why post a map for 2002 why not from 2013 and compare the two?