Australian (ASX) Stock Market Forum

Electric cars?

Would you buy an electric car?

  • Already own one

    Votes: 10 5.1%

  • Yes - would definitely buy

    Votes: 43 21.9%

  • Yes - preferred over petrol car if price/power/convenience similar

    Votes: 78 39.8%

  • Maybe - preference for neither, only concerned with costs etc

    Votes: 37 18.9%

  • No - prefer petrol car even if electric car has same price, power and convenience

    Votes: 24 12.2%

  • No - would never buy one

    Votes: 14 7.1%
  • Total voters
    196
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sptrawler said:
Yes as soon as you put in batteries, you become a generator and don't qualify for any feed in tarif.
Well that's how it is in W.A
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Didn't know that. Elon will probably give your Premier a call soon.

These home batteries sounds a lot like those home rainwater tanks they mandated for every new build over here. Just a lot more expensive.

Power, water... these should be done on a massive scale. More efficient that way. At some $1500 or more a tank, the costs to have it installed and connected... Jesus.

I know plumbers, builders and homeowners who disconnect and redo all these BASIX water saving nonsense once the final inspection is done.

Can't water the toilet because it's green and full of crap from birds dropping; can't really water the garden because there's only one tank and nobody at Planning tells them to install a tap at each corner. Probably because it would clog the pipes and the hose too.
 
We must always remember that only 25% of oil is used in cars with plastics and other industrial uses consuming 40% and planes, trains, ships and trucks a further 35%.
I’m buying oil &gas shares
 
Humid said:
We must always remember that only 25% of oil is used in cars with plastics and other industrial uses consuming 40% and planes, trains, ships and trucks a further 35%.
I’m buying oil &gas shares
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I don't disagree, but have been burnt too many times, on oil and gas shares. no pun intended.
 
luutzu said:
I hear what you're saying, just it doesn't work out like that from my experience.

When the installer turn back the meter, I pay practically zero for the entire 3 months. When it's back to normal, I pay some $500.
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That’s because when it wasn’t set up correctly, and your meter was just rolling backwards as you fed in power you were getting 22cents for your credit instead of the 7 cents.

Eg, if you fed in 1 kWh during day, then used 1 kwh at night, the two offset each other and you get charged $0.

Once he set it up correctly, you only got a 7cent credit for the 1kwh you fed in during the day, and then got charged 22cents for the night time one, costs you $0.15cents

You should be able to see on your bill how many kWh you were charged for at 22cents and how many you got credited for at 7cents.

And any you used directly you aren’t charged for. Which may not be much if you aren’t doing much at home during the day.

Start using machine machine and dryer etc more during the day,

And look for a better feed in tariff, 7cents is pretty crappy, my dad is getting 15cents
 
luutzu said:
I heard of a guy who connect a bunch of car batteries in his shed to store the solar instead of selling it.

I think he got pizzed at being played by the gov't and power companies enticing him to spend what must have been $8,000 to install the panels.
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That’s the whole point of the Tesla power wall,

To store the power rather than sell it at 7 cents, and use it later instead of buying for 22 cents.

It is also why charging an electric car at home when you have solar is a good idea, because when you charge your car with the 7cent power instead of selling it, you are basically filling your tank for $5.25
 
Value Collector said:
It is also why charging an electric car at home when you have solar is a good idea, because when you charge your car with the 7cent power instead of selling it, you are basically filling your tank for $5.25
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What if you drive your EV to work every day ?

Can a car battery be charged from your home battery at night when there is no solar ?
 
SirRumpole said:
What if you drive your EV to work every day ?

Can a car battery be charged from your home battery at night when there is no solar ?
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You can charge from the battery, but after you have used your household usage there probably isn’t much left.

So you would be best of just charging using off peak power, or just set it up to charge on weekends.

You just have it plugged in all the time, and have the charge settings loaded in the app, so if you happen to have it parked at home while the suns up it automatically starts charging.
 
SirRumpole said:
They look very vulnerable to a global financial downturn.
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to a big one Yeah, at least till they have finished building out the giga factory and have cash rolling in, with little need to make big investments, and a stockpile of cash, as it said in the video most of the cash outflow is for investments, not operational losses,

Eventually they will probably be in the position of other big companies like apple or Disney, where the cash just rolls in.
 
Value Collector said:
to a big one Yeah, at least till they have finished building out the giga factory and have cash rolling in, with little need to make big investments, and a stockpile of cash, as it said in the video most of the cash outflow is for investments, not operational losses,

Eventually they will probably be in the position of other big companies like apple or Disney, where the cash just rolls in.
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I think Buffett would flunk you for that bro :D

What activity is considered Operating, what's Investing... it's pretty much up to directors' discretion isn't it? For example, is a marketing campaign an operating cost or an investment; are the costs of setting up charging stations an investment or part of operation... i.e. would people still buy Teslas if those "investment" in charging network are not made. If no, is it an investment or properly part of operation.

And did the guy in the video conclude that Tesla won't run out of cash because lenders and investors will just hand over more cash?

That's a bit obvious isn't it? But that cannot be guaranteed.

I think that's why every car maker and vacumn cleaner guy is banging on about coming out with their own EV next couple of years.

For the car makers, it's a way of diverting investors enthusiasm for Tesla. I mean, with so many established car makers going into EV, investors would take a second look at other potentials than just Tesla to hand their cash over. Same with the lenders.

$10B in debt and burning some $1B a quarter?

The last time someone want to take on the big auto boys, we got Back to the Future.

And DeLorean was an actual auto engineer. He also didn't set out to invest in an entirely new charging network or energy source and the like.

1508858523-delorean.jpg
 
sptrawler said:
I think that will be popular with country Australia.
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The electric charging from solar?

I'd still go for the petrol version though. Don't see the sense in a Mustang if I can't wake the whole street up... though it might look weird now that I'm not young anymore :D It'd be just a try hard trying to relive... dam it kids can be cruel.
 
luutzu said:
I think Buffett would flunk you for that bro :D

What activity is considered Operating, what's Investing... it's pretty much up to directors' discretion isn't it? For example, is a marketing campaign an operating cost or an investment; are the costs of setting up charging stations an investment or part of operation... i.e. would people still buy Teslas if those "investment" in charging network are not made. If no, is it an investment or properly part of operation.

And did the guy in the video conclude that Tesla won't run out of cash because lenders and investors will just hand over more cash?

That's a bit obvious isn't it? But that cannot be guaranteed.

I think that's why every car maker and vacumn cleaner guy is banging on about coming out with their own EV next couple of years.

For the car makers, it's a way of diverting investors enthusiasm for Tesla. I mean, with so many established car makers going into EV, investors would take a second look at other potentials than just Tesla to hand their cash over. Same with the lenders.

$10B in debt and burning some $1B a quarter?

The last time someone want to take on the big auto boys, we got Back to the Future.

And DeLorean was an actual auto engineer. He also didn't set out to invest in an entirely new charging network or energy source and the like.

View attachment 86672
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Pretty sure buffet would agree building a giant battery factory + building huge car plant + building a global charging network + opening new stores all over the world + doing r & d on new products are all investing.

The guy said investors would keep investing as long as things continued to look promising, which if you have actually liked at the details you would see they are.
 
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