Tesla Energy Biz

Discussion in 'Current Events' started by WillReadmore, Jun 10, 2023.

  1. WillReadmore

    WillReadmore Well-Known Member

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    I think the press is missing Tesla's serious energy plans.

    He's building EV charging facilities all over the US. These have huge battery installations. From there, he is buying grid electricity when it is cheap and selling it when it is not cheap, using what is claimed to be exceptionally smart software. This is augmented (or dominated?) by major industrial battery installations for general purpose buying and selling of electricity.

    Grid operators LIKE this, as it helps with load distribution and moderates short term grid problems.

    He now has Ford and GM using his plug standard so those EVs may be charged at his facilities, which are far better distributed and which are proving reliable. These are two major factors that ElectrifyAmerica and others have failed to solve.

    So, his plans include more than simply creating solar farms and building his solar home business.

    Tesla's energy business just reported 143% growth for Q1, and that follows major growth each year over the last several years.

    Here's what Motley Fool reports. I think the best info comes after their image of Tesla stock prices.
    https://www.fool.com/investing/2023/05/20/tsla-lithium-ion-battery-energy-storage/

    What does this mean for electricity in America?
     
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  2. mdrobster

    mdrobster Well-Known Member

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    With GM and Ford coming aboard with the charging stations and adapters, will be a huge boon for the EV market. The Tesla charging stations will be a staple in that market.
     
  3. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

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    Odd that a power industrialist like Elon Musk would name his electric car after failed scientist Nikola Tesla. George Westinghouse bought up all the rights to Tesla's work and Tesla died a poor man.
     
    Last edited: Jun 10, 2023
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  4. Steve N

    Steve N Well-Known Member Past Donor

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    The guy across the street from me owns a car dealership and he frequently takes his cars home with him. For the last week or so he's been taking home a Tesla. Last Tuesday we had a hail storm and I saw him putting blankets on the car and asked him why he didn't put the car inside his 4 car garage. He said he read too many industry reports where electric cars catch on fire and he will never park one indoors, either at his house or dealership. He also said the range was less than he expected.
     
  5. Quantum Nerd

    Quantum Nerd Well-Known Member

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    A guy, who has a scientific unit named after him (Tesla), can hardly be called a failure.

    In any case, the EV charging system converging on a standard can only be good for the industry. Also, Musk now being a RW hero is probably going to do more for the promotion of EVs and solar energy than any environmental protagonist could do.
     
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  6. WillReadmore

    WillReadmore Well-Known Member

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    Yes, but I don't claim to fully understand this.

    For one thing, Tesla is opening its charging to any EV - that is, they are providing access by the standard plug used by other vendors, which is work that will take some amount of time. I'm not sure of the capabilities of the two plug styles - whether they allow the fastest charging, charging by 110v house technology or ??

    I'll bet there are issues of payment, the awkwardness of requiring a plug adapter until Tesla changes all its stations, and whatever else.

    I think the bid deal is that Tesla is working toward being a major energy company world wide - producing some, but also buying and selling electricity to the grid as well as charging cars.

    >> Think what it would mean if gas stations were one single company.
     
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  7. Steve N

    Steve N Well-Known Member Past Donor

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    It’s been a long time since I read about Tesla the man. I believe the reason why DC electricity didn’t initially catch on was due to electrolysis occurring at the point where two different metals meet. AC doesn’t have that problem.
     
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  8. WillReadmore

    WillReadmore Well-Known Member

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    I thought it had to do with differences in high voltage transformers. But, it sounds like your point could be significant.
     
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  9. Steve N

    Steve N Well-Known Member Past Donor

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    Look at your car battery. That white gunk on the posts is where two different metals meet is electrolysis. It’s also why batteries in remote controls, radios also have it.
     
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  10. cd8ed

    cd8ed Well-Known Member Past Donor

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    He didn’t name it.
    Martin Eberhard cofounded Tesla in 2003 with Marc Tarpenning
     
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  11. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

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    I agree. Electric car baron Elon Musk has done more to foster clean transportation than Greta Thunberg ever hoped to do.
     
    Last edited: Jun 11, 2023
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  12. ButterBalls

    ButterBalls Well-Known Member

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    LOL.
    upload_2023-6-11_14-52-11.png

    POWED BY COAL
    upload_2023-6-11_14-51-44.png

    Irony :)
     
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  13. ButterBalls

    ButterBalls Well-Known Member

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    And few other reasons too
    Plus, Edison was PLUGGED into the rich of that era Pun intended :) While tesla was a bit odd, and investors viewed him as a lunatic in that era ;)
     
    Last edited: Jun 11, 2023
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  14. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

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    So it was a marketing decision. Still Elon Musk kept the name and continues living off the Tesla brand.
     
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  15. truth and justice

    truth and justice Well-Known Member

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    Is it not more to do with power losses
     
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  16. mdrobster

    mdrobster Well-Known Member

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    Let alone calling Tesla a failed scientist, the man created AC current, still used today.
     
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  17. truth and justice

    truth and justice Well-Known Member

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    In what world was he a failure? What have you invented? Will your name live on 100 years from now? He is acknowledged as one of the greatest scientists to ever have lived
     
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  18. cd8ed

    cd8ed Well-Known Member Past Donor

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    They worship money — that is the only way they determine success.
     
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  19. DEFinning

    DEFinning Well-Known Member Donor

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    What is odd about it? Do you think that all technology products should be named after "industrialists"-- since it is industry which, ultimately, brings them all to market? One's success as a scientist, FYI, has zero to do with a person's bank balance.

    More, below.




    You realize, don't you, that it was Tesla who brought us AC power, right? That @lemmiwinx could call him a "failed scientist," based on his poor finances, is a travesty. By that standard, Samuel Clemens (Mark Twain) was a "failed author."

    Tesla was brilliant, when it came to
    science. He didn't pay much mind to finance. Similarly, Albert Einstein didn't pay near as much attention to the daily practicalities, as he did to theoretical questions of science (from his pictures, it looks like he often neglected to comb his hair). Apparently, Lemmiwinx judges a person's success, and their worthiness for homage & respect, based purely on their wealth, and not at all on their actual contributions to science, or to the world. Classic example of the "whoever has the most money, wins," mentality.
     
    Last edited: Jun 11, 2023
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  20. DEFinning

    DEFinning Well-Known Member Donor

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    Get a clue: it was Edison who favored DC current (which required power stations every few blocks), and Tesla who first demonstrated AC current. His only "mistake" was to sell his patent cheaply, to Westinghouse.
     
  21. ButterBalls

    ButterBalls Well-Known Member

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    I surrender ;)
     
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  22. lemmiwinx

    lemmiwinx Well-Known Member Past Donor

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    Agreed. But he still died a pauper due to lack of management skills.
     
  23. WillReadmore

    WillReadmore Well-Known Member

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    Anyone can find reputable car sites that address likelihood of car fires in EVs and ICEs.

    There have been fake news reports slamming EVs.

    Maybe solid refutations weren't available when your neighbor made his decision, so he went with the safest option. I hope his blankets stayed in place!
     

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