I imagine the National Grid would be keen on their mega-batteries (as used in the US) to take some of the load during the day and charge back up at night.
Not sure about that. They sell about 20,000 model 3 a year in the UK. In theory that could grow to maybe 100-150k when the model Y and future products launch here (no guarantees of that of course) but ability to export to the EU will be central. If they do build a factory here (e.g. Model 3 built in UK, Model Y in Germany) if will probably be out of frustration at the slow approval process in Germany and indicate that the factory there is unlikely to be expanded in the future. My guess for what it’s worth is that this is just Elon sending a message to the German authorities to hurry up a bit and we are unlikely to see anything come of this. Hope Im wrong about that though. Tesla should need two factories in Europe long term so it could be a pretty simple case of planning the next phase of their growth. There is a lot of auto engineering talent here so it wouldnt be a crazy move to set up a factory. Would be a huge coup for the current government as well.
What are the chances this goes back to 666 next week?
It would be wise to dump Tesla as soon as possible
Why is that?
We might see a price drop from the anonymous threat
Tesla, the US electric-car maker, has explored buying a chip plant outright.
Ummm, if they’re a group of anonymous individuals, how would they know if one of them had done it?
Any reason this is dropping right now?
Also would it be a good time to buy now currently sitting at 598
I read that the price drop may be because competitors are starting to get a foothold in the EV market, especially Chinese car makers. Some analysts have been saying for a while that Tesla shares are overpriced and it’s time for an adjustment downwards. Others are saying the present price is a buy with the potential for upward movement again.
I have wondered how high the price is going realistically. All the big brands will soon have equal ranges and people don’t want 1 kind of car so don’t see Tesla being the biggest by such a margin as the SP suggests.
I think the market may have a big shake up soon when Apple, Google etc get more involved in some capacity. Electrification could lead down so many interactive roads that could be game changers.
As much as I think TSLA is overpriced in terms of PE, they definitely have a lot of advantages over other car manufacturers who while they are starting to make good EVs now, don’t have all the market infrastructure surrounding batteries etc, and don’t have any of the AI experience for self driving.
Having said that, it is only a few years advantage, and for batteries, I think lithium air will supplant current technologies in a few years time, so having such a big investment in battery factories might turn out to be a disadvantage when it comes to retool. I should add that lithium air is still very much in the research phase at the moment, and not yet commercially viable.
Ev drivers will have a better understanding as to why tesla is the prime ev manufacturer. Hands down electric cars are better but their achilles heal is public charging.
Right now few public charge stations have several stalls whereas most supercharger locations provide several stalls.
The public network is still very fragmented requiring multiple apps and is a pain in the ass. Dont forget teslas can still use those networks though as well as tesla superchargers. Look at some videos of Americans charging experiences with non teslas including potential great models like polestar 2 and mach e.
This is just one single area tesla dominates. Plenty of other areas it has a bright future too. Glad to be a shareholder, and hope to be a model 3 owner this time next year.