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spectrum1234

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"I sure wish a tech billionaire would do something about this. Their inaction on countless fronts, in fact their complacency in undermining progress on environmental causes in global politics, is one of the thousand reasons I got out of tech."

- Which industries (and organizations) are you still in at this point?

Q2 2020 Update 6 years ago

No, their edge is their factories (manufacturing innovation). This is the real product. The cars don't really matter. Seriously.

Q2 2020 Update 6 years ago

To get their market cap you need to factor in solar, batteries, and self driving cars. Just FYI I think you are missing these.

This is going to make electric cars extremely cheap once the million mile battery is out. Probably at least 50% cheaper given the money you can make selling off peak electricity at peak prices.

Electricity costs by me since I switched to time of use are 4x as much on peak vs off. My Tesla costs about $6 for a full charge off peak. It seems like its easy to make (4-1)* 6 = $18 a day off of this the car as it home. Let's say $10 after conversion loss and battery wear, etc.

Once you buy any other hardware needed (I think they are $2k-4k now), this seems like free money. Worst case, car is home during peak 2 days a week and $10/day gain, $4k system: 2.5 year payback period and then $223/month income Best case, car is home during peak 5 days a week and $15/day gain $2k system: 26 week payback period and then $322/month income.

The best case over 10 years is worth $38,700.

However the biggest opportunity here is probably for Tesla to lease the battery to consumers. The car will be discounted significantly if you can plug in 3 days a week near peak usage.

Because of competition. Your competitor who lowered prices by 1% would eventually drive you out of business.

There is a lagging effect, but these taxes are just a reduction in cost which eventually get passed to consumers. Assuming the market is competitive of course.

This logic is flawed because not all environmental issues are the same priority.

If you believe climate change is the biggest environmental issue, batteries could be significantly "dirtier" overall than alternatives as long as they contribute less to C02.