What I admire about this podcast is that there are no ego's. That's why this works with a larger group. Nobody needs to be talking just to let themselves be heard. Everyone adds information, not just data. And also, you always make your guest the star of the show. I love it.
Another awesome podcast to start my Monday morning pre-market queries. I do appreciate Rob's specific and well researched analysis. And I greatly enjoy the environment it is encased in by the terrific questions and insights of the Third Row crew. Two thumbs up!
Well for information content, this is the best of Third Row. Fantastic guest and the info clearly indicates how Tesla cannot be compared to standard auto company, ICE or EV. Tesla stands alone, separate from all other auto manufacturers.
Loving these videos. Third row is like the Avengers or Justice League... a bunch of individually rad superheroes combining their efforts for a good cause.
HVAC is roughly 40% of home energy usage. If you could cut that in half and make it smarter, then people would need less KWh capacity on their roof making renewables more affordable.
Great opportunity to combine food refrigeration, space heating, water heating and air conditioning and energy storage into one efficient, non redundant unit.
The HVAC ties in with the solar roof in that in a typical home it's the most energy intensive activity so if you can sell people a more efficient HVAC you can make them happier with your solar roof product at the same time.
We love our two PW2's complementing our 13.2 kWh solar PV system. They enable us to operate our all electric home independent of the grid for ~9 months of the year in Edmonds, WA. Agree that they would sell a ton of them if battery costs come down, but I waited almost three years to get our PW2 installation in 2018, so demand is already there for many folks.
About the $7k PowerWall, it cost $8k to add a 16 kW, Generac emergency generator. I sized it to handle not only the house but also charge our EVs. In April 2011, tornadoes wiped out the TVA transmission lines and we had 4.5 days without grid power. At the time, I had a 1.1 kW inverter in our 2003 Prius which allowed us to 'camp out at home' for 2 gallons per day.
So much of this blew my mind but cemented my outlook on Tesla as a growth company. I had never heard from Rob before, but will now subscribe since his logic and explanations were next level! Thanks so much Third Row Team! :)
At my age I think it can only be a pipe dream just like I seen watching the moon landings. I remember how the future seemed so near to becoming real. So I have become reservedly excited that maybe this time it could become real. In Elon I am slowly trusting more. I hope he lives long enough to fulfill his dreams on changing human kind to get past possible extinction. The urgency is real but too many folks pretend we are safe, this is where Elon's fear's are correct. I see it as far worse than most people. I'm not fearful, But I must express more urgency in getting to Mars.
I'm still happy TESLA is first big company who put industrial disign in the spot lights ! 80% of the success of TESLA is thanks to industrial design . Idem spacex .
I've only watched half this episode so far, over my lunch, and I'm almost hyperventilating. I've never been this confident in my significant (to me) investment in a company.
Good points on the Powerwall from Omar. Even with incentives the Powerwall is difficult to show ROI on. SoCal Edison doesn't allow you to subvert peak billing periods by charging at lower rates. It's only for storing excess solar energy. But at $2k per pack the ROI for even a backup battery storage solution is easier to justify.
What a great way to start what I am sure will be a crazy week... again. Rob! He is such a cool dude that I found through Gali. Seeing him here was an instant like, but to be fair you guys do great work so it was not premature in my opinion.
Great show! Have knowledgeable Tesla people questioning other knowledgeable Tesla/financial persons (eg Rob, Munro and of course Elon) is very powerful. It’s also unprecedented when you think of it. Even ignoring all of the many, other benefits of Tesla’s incredible cars, having these video discussions adds tremendous value to these vehicles. I have a question for you guys too: what is the direct economic implications of the supercharging network? Does it generate revenue or is it an expense? How much? Obviously it’s a critical asset in encouraging sales of the cars. Thx!
Kent G thanks! The supercharging network is not meant to price gouge. Still a lot of vehicles supercharging for free. When all superchargers are solar + battery, more likely to generate revenue.
Great content guys....big fan :) , possible to get Dr Shirley Meng on the podcast to comment on Battery technology , just in time before Tesla battery day :)
Not everybody has the grid Omar :) We need some off-grid Powerwalls for all of the Gulf Islands in BC! This would be huge in cutting people's use of generators. PS, another amazing episode guys!
Third Row Tesla yes they do! And so do deep cycle lead acid batteries. Have had Powerwall order in for ever. Still not available for off grid properties. Would be a game-changer for the thousands of small islands with no grid! We’re eagerly awaiting Starlink as well, although we have pretty decent long-range wifi internet right now with Ubiquity gear.
Another great episode. Very much enjoyed Rob's analysis of Tesla, as someone who brought the stock at IPO in 2010, and long time Tesla owner/enthusiast.
As a follow-up to one of my comments from yesterday, just saw a statistic in the European online magazine, Euronews. 76•6% of all freight in Europe goes by road. This is why I think that Tesla will commence Semi production much sooner than anybody expects despite Elon's assertion that Giga 4 will be for Y & I'd also hazard a guess, 3. Don't know about anybody else, but to me Battery Investor Day will be THE most exciting news to come out of Tesla in 2020 since pretty much everything else will be heavily impacted by its contents. Not even the location of Giga 5 will compare since all of Tesla's battery development & planning once again, directly underpins how well production levels & expansion grow.
Here's an request.. can you discuss the impact that the data being collected about reduced air pollution during the lockdown will have an effect on the EV market?
What about when Tesla Insurance is in more states in USA? Flordia is supposed to see it in 3 to 6 months. That should be a huge amount of extra cash, especially when they can do HVAC and offer homeowners insurance on homes they put Powerwalls and Solar Roof on. I have Unlimited Supercharging, but wonder how much do they get every month on average when people are driving more before and after these stay at home orders. I am unclear on Model X and S. Hoping they refresh the interior to a larger center screen and possibly a very good heads up display. I feel Tesla needs to only refresh and update them and they'll sell good. Also, I think Model 3 should come in estate/shooting brake/station wagon, coupe, and convertible versions. Also add some more exterior and interior colors.
Great episode per usual. On top of virus-related business frustrations, Elon staying safer at home includes a partner with 1st baby due, five antsy quaranteen sons and the dog partial to Sofiaan. Stress? What stress?
Tesla will always grow, and specially now when we know that the contamination helps pandemics, so we do not want this to happen again and we now are changing our outlook on ecology petrol, now the problem is that you do this only in the usa, and can we talk to, like from the country's that we pay 120% the price of the car in the usa.
As a new, first time share holder, fully convinced that Elon is an amazing human and creator, my question is do any of you believe that Tesla could maintain anything near it's current pace without Elon at the helm? I absolutely understand about "stick and stay" but am considering more diversification. I already sold off my original attempt at diversification to max out Tesla.
Regarding powerwalls. In the Netherlands we get payed the same amount of money for delivery of energy to the grid as we have to pay for sourcing energy from the grid. So a powerwall is not really interesting. However, in 2023, the amount of money, per kWh, we get payed for enery is going down tremendously. In stead of €0,23/KWh we will get only €0,07/KWh. If the price of the powerwall would go down to like €3000 it would make the ROI for a powerwall go below 10 years (with projected €1500 installation cost, based on a 3000KW generated by our solarpanels). This would be very interesting . My investment in our solarpanels was payed back in 6,5 years.
Part of why Tesla is doing HVAC is probably that they are really good at temeperature management in their battery packs. In fact, temperature management is a big reason for why their cars have the range that they have. That technological experience will likely help them when they try to move into the HVAC market. Integration with their cars and usefulness on mars are nice motivators for doing so, of course.
Rob puts us all feeling good like a comfort zone. Elon wants us to get out of our comfort zone, because when we are comfortable we are not logical in our thinking of what is needed to save humans from becoming our own worst enemy. Stay the course become more Elon and less comfortable emotionally we all must be driven to the new future for all our sake.
As Elon has said, Tesla has to make profits to stay in business. He won't raise margins just for excess profits. Tesla may target 30% margins and then get 20 to 25% - that is fine, right? Anyway, Tesla main goal is not margin. Margin just one of the goals needed to stay in business.
Jimmy Jones I wonder how many new/occasional listeners are thinking, “Hmmmm...what does Taco Bell know about machine learning? I’ll have to look into that.” 😜
Why the energy business isn't there yet: The car business is paramount, because it's not just driving Tesla it's also forcing everyone else to put out more EVs. It's basically a lever for the 'mission' that is much stronger than going out and doing energy business. On the other hand more EVs on the road (Tesla or other) will drive demand for home solar and home battery storage. So again a lever for future business of Tesla (and other solar and home battery manufacturers). 'Peaker plant' battery storage is good for PR - but not the main focus right now. Once they have a lot of solar roofs out there Tesla could start becoming its own utilities provider by letting them act as one, huge virtual powerplant. Then these big battery buffer installations will make a lot of sense
if model Y is 80% same parts as model 3, it should be no surprise to anybody that margin is so high from beginning. Capex was paid by model 3. Build on the same line, by mostly the same equipment. Smart move to keep VT low, but you can't double your production numbers. Most limitations are usually body shop and paint shop. Can't imagine that casting machine is really fast. Need to wait for second one to get those output numbers going up nicely. Giga Berlin will be much more efficient. Looking forward to it.
Great discussion. Musk is doing a great job with Tesla / SpaceX. But SolarCity is just another solar company , not disrupting the market. And the solar cell tile will not be “the” product unfortunately. SolarCity should focus on energy management and just use existing module manufacturers. Tesla AC , Tesla home battery , and energy management should be the focus. Once that is perfected, then look at solar modules (solar production ). I am open for a management position to help SolarCity become a market leader ;)
Have long thought that Giga 2 needs its own cell production line. Would go a long way to reducing cell production constraints for vehicles (present & future), increase gross margin per cell due elimination of transportation to Buffalo for final assembly of Powerwalls, Powerpacks, Megapacks & be in line with Tesla's vertical integration philosophy. Also feel that the importance/impact of the Semi's is vastly underrated. Assuming Tesla hits the nail on the head with them performance wise, & no reason to suspect otherwise, Tesla will have trouble keeping up with demand. Not only will we see new USA Giga 5, pump them out like sweeties, but Giga 4 is likely to produce them also; much sooner than anyone suspects. EU zero emissions goals & current regs will play a huge role in this + economics of EV trucking just makes sense. Let's not forget how popular they'd be in China, especially with the government.
Hornsdale & projects like it are going to be important but in the longer term, smart grids/virtual power plants (☀️panels + 🔋) when coupled with the likes of Tesla's Autobidder software will ultimately play a larger role; in part because there's no acquisition of land, facilities or infrastructure required. It will all be installed in homes & businesses (installation =additional revenue stream in & of itself) & they're grid connected from the start, i.e. already existing infrastructure. If you look at Tesla's virtual power plant currently being developed in Australia, despite being in its relative infancy, you can see what I've referenced already having had huge success. Rob's mention of V to G could potentially play a role in this. Renew Economy is an Australian based online renewable energy magazine which reports mainly on naturally, the Aussie eco market & is a good source of info.
Always appreciate Rob’s level headed take on things, as opposed to some folks on UA-cam who get all emotional about Tesla.
Just said same thing...I was not copying you I swear!
@@elck3 agree.
pl
@@futureisnow1005 😀
What I admire about this podcast is that there are no ego's. That's why this works with a larger group. Nobody needs to be talking just to let themselves be heard. Everyone adds information, not just data. And also, you always make your guest the star of the show. I love it.
Gerben Rampaart thanks! that’s it!
Rob Mayer! Guys an absolute wealth of knowledge. Super accurate 👌
ya, he's great. loved having him on the show
Not Mayer. Mauer
Hey Guys, I just wanna thank you for the good work. I learn something from this podcast. I didn't know SP500 rules were loose!
Thanks! Rob is such a brilliant analyst. What a joy to have you all together
Our pleasure! we had a blast together :)
@@ThirdRowTesla --It was an absolute joy to witness this episode. Thanks a lot! ;-)
Agreed, Rob is brilliant
Rob is a mastermind in analysis, I followed his channel for a while, but here he gets random questions and always delivers.
that was an awesome talk, Rob is such a brilliant dude, he's the go to guy for Tesla analyst for me. Thank you for the great episode!
oh oh yeah oh well ethinkll yeah yeah oh yeah that’s that I i oh yeah oh yea a little little yeah oh that’s good oh
Another awesome podcast to start my Monday morning pre-market queries. I do appreciate Rob's specific and well researched analysis. And I greatly enjoy the environment it is encased in by the terrific questions and insights of the Third Row crew. Two thumbs up!
Yes, make Rob a regular. I love these episodes, they just keep getting better and better. The one hour and a little format works great for me.
One of the best analyses of Tesla roadmap and a sensational line up with Rob inclusion 👍👍👍👍🇦🇺
Lester Dale Thanks for the feedback from Down Under!♥️
I love rob. I listen to his podcast every day.
Another great episode!
Thanks Tesla Third Row.
You're welcome MD. Enjoy
You guys do a great job and really appreciate the hard work!
Thanks! Happy to share it :)
Rob is an insightful man. Great format by the way!
Well for information content, this is the best of Third Row. Fantastic guest and the info clearly indicates how Tesla cannot be compared to standard auto company, ICE or EV.
Tesla stands alone, separate from all other auto manufacturers.
Thank you, Third Row and kudos to you for bringing Rob on. His analysis is one of the best.
Sudhir Moolky you’re welcome. Definitely
Wow great episode, Boom!
Gali was so low keyed. Was hoping he & Rob would converse more...
Ever thought to make Rob a regular 'Third Rower'?
will have him back again. maybe after next q
Gali has almost same response as the first time he saw Cybertruck! hehe
Ok, who would we vote off the island to make room for Rob to be a regular, any thoughts?
@@ThirdRowTesla yeah, make this a quarterly thing!
Rob is awesome! Great addition to the Third Row Fam
TSLA shorts go BOOM!!!!!!
Loving these videos. Third row is like the Avengers or Justice League... a bunch of individually rad superheroes combining their efforts for a good cause.
David Flamm you made our day. Thanks!♥️
Rob has that amazing DJ quality voice...
HVAC is roughly 40% of home energy usage. If you could cut that in half and make it smarter, then people would need less KWh capacity on their roof making renewables more affordable.
exactly
Great opportunity to combine food refrigeration, space heating, water heating and air conditioning and energy storage into one efficient, non redundant unit.
@@waynerussell6401 that would be so cool. Tesla panels on my roof.
I think Rob has been your most eloquent guest yet :)
he's reading poetry next time
Follow Rob every week and definitely a great view of Tesla!
great! he's the best
@@ThirdRowTesla Yeah he is very level headed and makes comments with thinking deep about things.
Well done everyone! Enjoyed this!
F Chau thank u!
The HVAC ties in with the solar roof in that in a typical home it's the most energy intensive activity so if you can sell people a more efficient HVAC you can make them happier with your solar roof product at the same time.
Your questions are very good
Rob is awesome! Great video!
We love our two PW2's complementing our 13.2 kWh solar PV system. They enable us to operate our all electric home independent of the grid for ~9 months of the year in Edmonds, WA. Agree that they would sell a ton of them if battery costs come down, but I waited almost three years to get our PW2 installation in 2018, so demand is already there for many folks.
*@Third Row Tesla* -- It was an absolute joy to witness this episode. Thanks a lot! ;-)
You're welcome! Happy you enjoyed it!
About the $7k PowerWall, it cost $8k to add a 16 kW, Generac emergency generator. I sized it to handle not only the house but also charge our EVs.
In April 2011, tornadoes wiped out the TVA transmission lines and we had 4.5 days without grid power. At the time, I had a 1.1 kW inverter in our 2003 Prius which allowed us to 'camp out at home' for 2 gallons per day.
So much of this blew my mind but cemented my outlook on Tesla as a growth company. I had never heard from Rob before, but will now subscribe since his logic and explanations were next level! Thanks so much Third Row Team! :)
anytime Mark. Rob is a must follow
Great ideas, love u all. I invested in Tesla because of omar, Steve jobs ghost. Thank you so much
The accuracy of rob's info is phenomenal
Great show love rob's work
My exit plan is Mars! Once I enter again of course.
At my age I think it can only be a pipe dream just like I seen watching the moon landings. I remember how the future seemed so near to becoming real. So I have become reservedly excited that maybe this time it could become real. In Elon I am slowly trusting more. I hope he lives long enough to fulfill his dreams on changing human kind to get past possible extinction. The urgency is real but too many folks pretend we are safe, this is where Elon's fear's are correct. I see it as far worse than most people. I'm not fearful, But I must express more urgency in getting to Mars.
Really appreciate you guys. Keep up the good work, and may the force be with you. 😉
Arthur Dries thanks! And also with you 🖤
I'm still happy TESLA is first big company who put industrial disign in the spot lights ! 80% of the success of TESLA is thanks to industrial design . Idem spacex .
I've only watched half this episode so far, over my lunch, and I'm almost hyperventilating. I've never been this confident in my significant (to me) investment in a company.
Daniel Zajic haha don’t lose ur lunch
Really good show here! I learned a lot. Thank you!
Good points on the Powerwall from Omar. Even with incentives the Powerwall is difficult to show ROI on. SoCal Edison doesn't allow you to subvert peak billing periods by charging at lower rates. It's only for storing excess solar energy. But at $2k per pack the ROI for even a backup battery storage solution is easier to justify.
Great discussion. Thanks to everyone for the podcast and of course to Rob for great, level headed opinion.
Dominic D'Souza you’re welcome. Glad you enjoyed it😀
Super interesting insights as always! Thanks guys :)
Great work Guys ✌🏻
What a great way to start what I am sure will be a crazy week... again. Rob! He is such a cool dude that I found through Gali. Seeing him here was an instant like, but to be fair you guys do great work so it was not premature in my opinion.
Great show! Have knowledgeable Tesla people questioning other knowledgeable Tesla/financial persons (eg Rob, Munro and of course Elon) is very powerful. It’s also unprecedented when you think of it. Even ignoring all of the many, other benefits of Tesla’s incredible cars, having these video discussions adds tremendous value to these vehicles. I have a question for you guys too: what is the direct economic implications of the supercharging network? Does it generate revenue or is it an expense? How much? Obviously it’s a critical asset in encouraging sales of the cars. Thx!
Kent G thanks! The supercharging network is not meant to price gouge. Still a lot of vehicles supercharging for free. When all superchargers are solar + battery, more likely to generate revenue.
Just in time for my fix 😁
Cyber Truck could be a good candidate for vehicle to grid.
I have done the math, if I could V2G, it's possible I could save $70 a month off my energy bill by avoiding peak demand charges.
A podcast with a bottle of Grey Goose...I'm in
Awesome podcast as always guys! Great Kristen is asking more questions. I also want to hear from her and Viv more!
Great content guys....big fan :) , possible to get Dr Shirley Meng on the podcast to comment on Battery technology , just in time before Tesla battery day :)
Not everybody has the grid Omar :) We need some off-grid Powerwalls for all of the Gulf Islands in BC! This would be huge in cutting people's use of generators. PS, another amazing episode guys!
gas generators suck. yeah, not everywhere has grid power, or internet. just hit up tesla for a powerwall and spacex for starlink.
Third Row Tesla yes they do! And so do deep cycle lead acid batteries. Have had Powerwall order in for ever. Still not available for off grid properties. Would be a game-changer for the thousands of small islands with no grid! We’re eagerly awaiting Starlink as well, although we have pretty decent long-range wifi internet right now with Ubiquity gear.
Another great episode. Very much enjoyed Rob's analysis of Tesla, as someone who brought the stock at IPO in 2010, and long time Tesla owner/enthusiast.
glad you enjoyed it! :)
Great job, team! That lighting is rad, Viv!
AWESOME PROGRAM ! Third Row Rocks !
Thanks!
Watching this video after Battery Day ... super precise predictions you all had 👌
sobieski902 thanks!
As a follow-up to one of my comments from yesterday, just saw a statistic in the European online magazine, Euronews. 76•6% of all freight in Europe goes by road. This is why I think that Tesla will commence Semi production much sooner than anybody expects despite Elon's assertion that Giga 4 will be for Y & I'd also hazard a guess, 3.
Don't know about anybody else, but to me Battery Investor Day will be THE most exciting news to come out of Tesla in 2020 since pretty much everything else will be heavily impacted by its contents. Not even the location of Giga 5 will compare since all of Tesla's battery development & planning once again, directly underpins how well production levels & expansion grow.
I am a simple person. I see Vivien, I give like.. :)
Great summary - well done! The real challenge is changing naysayers opinion, they are programmed NOT to see this side of Tesla
Great interview. Thanks guys and gals!
Glad you liked it. You're welcome!
Great analysis of latest for TSLA guys! Thank you :)
Taco Bell, the caulking gun of fast food... I eat there twice a year, but I guess they know that.
Great Podcast, boys & girls!
Is your name really Alex??? Sandy...
Here's an request.. can you discuss the impact that the data being collected about reduced air pollution during the lockdown will have an effect on the EV market?
History is going to be hilarious.
that's why we make these videos. part of history now lol
Vivi looking good ;) Great episode!
Gosh! Just saw on Bloomberg that Elon has put 2 of his houses on the market. Good grief! He meant it!
He means everything he says!
Maybe moving to Texas???
@@stoor79 seems possible.
Love Rob’s soothing voice. He should narrate e-books 😝
What about when Tesla Insurance is in more states in USA? Flordia is supposed to see it in 3 to 6 months. That should be a huge amount of extra cash, especially when they can do HVAC and offer homeowners insurance on homes they put Powerwalls and Solar Roof on.
I have Unlimited Supercharging, but wonder how much do they get every month on average when people are driving more before and after these stay at home orders.
I am unclear on Model X and S. Hoping they refresh the interior to a larger center screen and possibly a very good heads up display. I feel Tesla needs to only refresh and update them and they'll sell good.
Also, I think Model 3 should come in estate/shooting brake/station wagon, coupe, and convertible versions. Also add some more exterior and interior colors.
Elon also said chairs are undervalued during the rally in February
underappreciated
All the cool people in that video! ❤️
Great episode per usual. On top of virus-related business frustrations, Elon staying safer at home includes a partner with 1st baby due, five antsy quaranteen sons and the dog partial to Sofiaan. Stress? What stress?
Cathy K 😆
historically Tesla spend ~ $400 million R&D per Quarter.
any relation to Dan?
As for me.... loving the growth
Tesla will always grow, and specially now when we know that the contamination helps pandemics, so we do not want this to happen again and we now are changing our outlook on ecology petrol, now the problem is that you do this only in the usa, and can we talk to, like from the country's that we pay 120% the price of the car in the usa.
As a new, first time share holder, fully convinced that Elon is an amazing human and creator, my question is do any of you believe that Tesla could maintain anything near it's current pace without Elon at the helm? I absolutely understand about "stick and stay" but am considering more diversification. I already sold off my original attempt at diversification to max out Tesla.
Yes, .... Elon needs less burdens. We are also all in. Still just a "pipe dream" too Mars before I'm too old to go.
Tesla has 2 aces they haven't played yet. Starlink and a simple truth, Tesla solar glass tiles do not need to be mounted on a roof!
Dan S Brown Wireless companies are freaking out right now.
Great session. Thanks.
You're welcome. glad you enjoyed it :)
Tesla should hire Rob as its communications chief - TODAY
Regarding powerwalls. In the Netherlands we get payed the same amount of money for delivery of energy to the grid as we have to pay for sourcing energy from the grid. So a powerwall is not really interesting. However, in 2023, the amount of money, per kWh, we get payed for enery is going down tremendously. In stead of €0,23/KWh we will get only €0,07/KWh. If the price of the powerwall would go down to like €3000 it would make the ROI for a powerwall go below 10 years (with projected €1500 installation cost, based on a 3000KW generated by our solarpanels). This would be very interesting . My investment in our solarpanels was payed back in 6,5 years.
Part of why Tesla is doing HVAC is probably that they are really good at temeperature management in their battery packs. In fact, temperature management is a big reason for why their cars have the range that they have. That technological experience will likely help them when they try to move into the HVAC market.
Integration with their cars and usefulness on mars are nice motivators for doing so, of course.
Right on!
Rob puts us all feeling good like a comfort zone. Elon wants us to get out of our comfort zone, because when we are comfortable we are not logical in our thinking of what is needed to save humans from becoming our own worst enemy. Stay the course become more Elon and less comfortable emotionally we all must be driven to the new future for all our sake.
I think you guys found your newest member - Rob for 3rd Row
new week new third row podcast
start it off right! :)
As Elon has said, Tesla has to make profits to stay in business. He won't raise margins just for excess profits. Tesla may target 30% margins and then get 20 to 25% - that is fine, right? Anyway, Tesla main goal is not margin. Margin just one of the goals needed to stay in business.
Great content on this one!!!
Key Lime thx!
Exceptional !
thanks!
I was a bit slow on Taco Bell. Took until the second use to remember.
legendary
Jimmy Jones I wonder how many new/occasional listeners are thinking, “Hmmmm...what does Taco Bell know about machine learning? I’ll have to look into that.” 😜
@@737smartin -- Mmmm... Me?
This is a we love Elon/fan boy session
We love Elon but...Dudes, our man, Elon, is the "only" person in the whole world who can "Boom or Bust TESLA".
Why the energy business isn't there yet: The car business is paramount, because it's not just driving Tesla it's also forcing everyone else to put out more EVs. It's basically a lever for the 'mission' that is much stronger than going out and doing energy business. On the other hand more EVs on the road (Tesla or other) will drive demand for home solar and home battery storage. So again a lever for future business of Tesla (and other solar and home battery manufacturers). 'Peaker plant' battery storage is good for PR - but not the main focus right now.
Once they have a lot of solar roofs out there Tesla could start becoming its own utilities provider by letting them act as one, huge virtual powerplant. Then these big battery buffer installations will make a lot of sense
Hello from Ukraine 🇺🇦
if model Y is 80% same parts as model 3, it should be no surprise to anybody that margin is so high from beginning. Capex was paid by model 3. Build on the same line, by mostly the same equipment. Smart move to keep VT low, but you can't double your production numbers. Most limitations are usually body shop and paint shop. Can't imagine that casting machine is really fast. Need to wait for second one to get those output numbers going up nicely. Giga Berlin will be much more efficient. Looking forward to it.
yup, they pulled it off. shanghi will pump out cars like hotcakes
Omar, nice water bottle! Did you start that with Monroe's episode?
boom
Great discussion. Musk is doing a great job with Tesla / SpaceX. But SolarCity is just another solar company , not disrupting the market. And the solar cell tile will not be “the” product unfortunately. SolarCity should focus on energy management and just use existing module manufacturers. Tesla AC , Tesla home battery , and energy management should be the focus. Once that is perfected, then look at solar modules (solar production ). I am open for a management position to help SolarCity become a market leader ;)
Have long thought that Giga 2 needs its own cell production line. Would go a long way to reducing cell production constraints for vehicles (present & future), increase gross margin per cell due elimination of transportation to Buffalo for final assembly of Powerwalls, Powerpacks, Megapacks & be in line with Tesla's vertical integration philosophy.
Also feel that the importance/impact of the Semi's is vastly underrated. Assuming Tesla hits the nail on the head with them performance wise, & no reason to suspect otherwise, Tesla will have trouble keeping up with demand. Not only will we see new USA Giga 5, pump them out like sweeties, but Giga 4 is likely to produce them also; much sooner than anyone suspects. EU zero emissions goals & current regs will play a huge role in this + economics of EV trucking just makes sense. Let's not forget how popular they'd be in China, especially with the government.
Salient point on CAGR. I don't know how you could dismiss this stock or Tesla's influence on the world based on this metric alone. Boom!
I has a question on elons participation in the recent stock issuance. Its not a particularly large number but how do you see that post last weeks imo
1:04:10....Woo! That's what I'm talking about! V2G!!
Hornsdale & projects like it are going to be important but in the longer term, smart grids/virtual power plants (☀️panels + 🔋) when coupled with the likes of Tesla's Autobidder software will ultimately play a larger role; in part because there's no acquisition of land, facilities or infrastructure required. It will all be installed in homes & businesses (installation =additional revenue stream in & of itself) & they're grid connected from the start, i.e. already existing infrastructure.
If you look at Tesla's virtual power plant currently being developed in Australia, despite being in its relative infancy, you can see what I've referenced already having had huge success. Rob's mention of V to G could potentially play a role in this.
Renew Economy is an Australian based online renewable energy magazine which reports mainly on naturally, the Aussie eco market & is a good source of info.
Great team! Good job guys