I’m not going to pretend I’m an expert in this field, but I don’t think you are either. What I heard is that when Tesla sells millions of V2G capable cars, these cars will be able to act as “peaker plants”, taking excessive power during peak production hours, and consuming or giving back to the grid off-peak. 10 million 100 kWh batteries gives a distributed storage capacity of 1 TWh. I don’t think these other companies are on the same track.
In contrary to Toyota, VW, BMW? There is no currency for these companies…
I was working on a (computation modelleded) system like this during my master thesis back in 2012 at a random telecom research institute in Vienna, so it’s definitely not a new idea and most definitely not exclusive to Tesla.
It’s more about the infrastructure/grid to support it (including “payments”), which Tesla might be closest to, with their own Powerwall perhaps.
And I believe it’s the other way around - they would be “selling”/discharging at peak demand (and price; IF it agrees with the “planned” departure time, as you probably want to be full when leaving - lots of parameters to optimize for), and “buying”/charging off of it (during night time, when it’s cheaper - but that’s when most of the charging is done anyway).
Another challenge is battery lifetime if this starts getting played too much with, I think (but am no battery/chemistry expert).
Here’s the latest valuation of TSLA by JP Morgan (spoiler: below 300). Not that I trust banks, or analysts, but by coincidence, their price target matches roughly my gut feel – I know, elaborate measure! – for where I would currently buy long (multiple quarters out) PUT options if I were speculative. I personally feel the company isn’t worth even that, but who am I to argue with Mr. Market.
They predict the 2024 price target. What I like about it is that they present it as a probability distribution, with median and expected value, instead of simply the target.
Yeah, that was in January 2020. In the mean time, they seem to have changed the narrative.*
But look, while we can each cite lots or articles arguing each side, it’s really just speculating, so I’ll stay on the sidelines with investments in this.
I know, I haven’t invested either, and probably won’t. At the same time I really keep my fingers crossed for Tesla and really don’t get the haters. Why would they want Tesla to fail? If they achieve their goals, it will be for the benefit of us all.
Not sure if you’re implying that, but for the record, I’m not a hater of the company – just a cautious investor. As for the man running the ship, I can’t say I’ve made up my mind yet. His vision, say for SpaceX, seems great, some of his tweets (e.g. calling the COVID-19 lockdown “fascist”) … er, less so?
All countries but not China want to shutdown nuclear power but have nothing for replace that. Issue is really simple not enough electricity for actual consumption so price goes up and you can’t double consumption without double production. Without nuclear source of power is just not possible right now.
Thermal source but equal oil or gas due to lack of geothermal. Solar or wind isn’t constant and isn’t for main usage 24/24 hours we need power.
So pay more a car for pay more for recharge battery than cheaper oil who probably go cheaper in some months ?
Tesla is good when money flow but when people have no more job no more money just no.
Nio probably a better choice if listed on the CN/HK market. China currently build a lot a nuclear reactors cheaper and enough power in the next years.They are a lot and these cars will be probably cheaper than Tesla in their country so a lot more potential even is USD/EU krash due to printed money Yuan probably keep his valuation. I’m a beginner and only my own opinion please search and made your own opinion.
I’m not a big fan of stock picking, but!.. Nio is like my baby and i will wait till it hit 200 to sold my shares! In the worst scenario i would lost 4k
Check out this video for some ballpark numbers of what we might expect. In short: in 2030, Tesla may have built 50 gigafactories, each producing 250’000 vehicles annually and selling for an average $40’000. That’s 12 million cars sold annually, roughly 10% of the global demand, $500 billion annual revenue. From all other ventures: solar roofs, power walls, autobidder, it could reach another $500 billion.
Currently, Apple is worth $1.5 trillion with $250 billion annual revenue and 40% profit margin. If Tesla can achieve a similar profit margin, this would imply that Tesla could be worth $6 trillion in the year 2030. Of course, future is unpredictable, but it sounds convincing, given the fact that we don’t see any real competition yet.
Damn too late to the off topic party. 5 years ago I test drove a Model S Performance, 2 weeks later I ordered one and sold my 2 year old BMW. Happy ever since and yes I had comparison to Nissan GT-R and fully equipped AMG E63, the technology is still top notch 5 years later.
Happy to share my referral code (PM me).
Back to topic: I thought TSLA was overvalued at the 900$ high in January and didn’t buy. Should have really grabbed some around 500$
Yes but you not take one thing the no power for recharge these cars.
In Switzerland we close nuclear power plant 40% of the production and already not produce enough power for our own consumption. France begin the same.
Switzerland build power line near France for keep power. France build power line to Germany for keep power. What happen when nobody have power in EU for all of these new very high consumer of power ?
I not know worldwide situation but the best power source his in China and they have their own company probably cheaper than Tesla. If power price increase and we have black out due to lack of current you really think than people will buy electrical car ?
With a oil price low due to this crisis no more a so high consumption like past year Tesla probably just not grown so much. We speak here in 2030 may be the third world war or tesla at 6 trillion $ or other currency ?
ICE cars also need power, they just generate it from fuel, each on their own. With all that saved up fuel, in the worst case you could produce electricity from it. But I heard that the solar + battery solutions are becoming more and more viable and are already competing with some conventional energy sources.
By reading and partipating to this forum, you confirm you have read and agree with the disclaimer presented on http://www.mustachianpost.com/
En lisant et participant à ce forum, tu confirmes avoir lu et être d'accord avec l'avis de dégagement de responsabilité présenté sur http://www.mustachianpost.com/fr/
Durch das Lesen und die Teilnahme an diesem Forum bestätigst du, dass du den auf http://www.mustachianpost.com/de/ dargestellten Haftungsausschluss gelesen hast und damit einverstanden bist.
