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@kaf23039 күн бұрын
With all the access to good information it never ceases to amaze me the # of ignorant comments on sites on sites like this. I live in 1 of the cloudiest regions of the USA and my diy 32kw solar array powers my home and 5 other homes that pay me for the power. Yes solar pv panels do produce less power on cloudy days but they produce enough. My equipment costs are paid for in less than 3 yrs.
@DLWELD9 күн бұрын
It's too bad - so many have bought the false narrative put out by the powers that be, the vested interests - blinded by it. And oddly hold this false story in an almost religious way.
@someuser75019 күн бұрын
Yeah but in the higher latitudes solar panel don't work well. I'd love to have enough coverage on my roof just to power my own home nevermind my neighbors.
@tdfbbfhk786d8 күн бұрын
Dude, it entirely depends on where you live. My workplace had PV panels installed, it was a municipal project. We counted it after a year. Return of investment will be longer than lifetime of those panels. As of today PVs are viable in California, where electricity is expensive but sun is always up. The rest of the world must wait for cheaper technology.
@oldchev28508 күн бұрын
@kaf2303 yes unless you live under a tree or are shaded by tall buildings, solar panels will give you enough power literally anywhere. Most people commenting don't even have solar and wouldn't have a clue. If you have access to the sun, you will have plenty of power. If you live under a tree or have tall buildings right beside you or you have a roof that's only going to fit two panels, then yes, you're out of luck.
@tdfbbfhk786d8 күн бұрын
@ Of course you can buy enough PVs to cover you needs, eventually. But what about the cost? Did you discover infinite money glitch? For us it was like paying all our electricity bills in advance, for the next 20 years. And having electricity only during the day. Well, most of them. Except winter, when it is needed the most.
@leejordanful8 күн бұрын
Living in the UK, I was unaware of this. It has to be said that consumers in the UK pay more for our energy than in the rest of Europe.
@vicandbronwenbrice94819 күн бұрын
We live in Canada. We have heat pumps. They are freaking awesome!!!
@bitemethehardest9 күн бұрын
It's easy to think you're warm and toasty when you're full of Molson...
@AdrianHilder9 күн бұрын
@@vicandbronwenbrice9481 there is no convincing some people that heat pumps are good. If it's icy outside heat pumps can't possibly work in their head. The meaning of zero degrees Kelvin and the fact there is still a lot of energy in the air if it's freezing outside is lost on them.
@Palisades_Prospecting8 күн бұрын
@@vicandbronwenbrice9481 I am in Alberta and even though I love heat pumps the cost for me is just too much. Just like air conditioning, you have to right size the unit for the climate so I would need a hell of a lot more capacity at -30. But for pretty much everywhere else in the world heat pumps are the only way to go.
@deeselx9 күн бұрын
I am in the UK and changing to a heat pump and fitting a power wall would cost me approx 25-30k. The government grant means I can claim up to 7.5k. So to convert is just not a viable option. The pay back if i borrowed the money would probably be 20 years. This is why myself and millions of others will just replace their gas boiler for approx 3k when it next breaks down. Great products for new builds but for retro fitting the transition will be very slow at current costs and grant allowances.
@ISuperTed9 күн бұрын
Agree. We looked at this and came to a similar conclusion, nowhere near worth it yet. If and when prices come down and we have 2 EV’s to charge it might, but way off at the moment.
@nr54949 күн бұрын
Sadly there isn’t much use of heat pumps in new builds either for the same reason
@leejordanful8 күн бұрын
Agreed. It should the default for new builds. If I won the lottery I would knock down my entire house and rebuild it to be super energy efficient using all these technologies, unfortunately that is unlikely to happen 😀
@Muppetkeeper8 күн бұрын
Average price for heat pump is £4000 after the grant, average price for a fully installed PW3 is £8,000, but of course all the people without heat pumps say it’s closer to £20k…
@geofffs67188 күн бұрын
Fitting an £1,800 replacement gas heater in a 4 bedroom house in UK next week. Like to have considered a heat pump, but the price gap was huge, especially with 15 radiators that would need replacing & the inability to only heat the house when I'm in it.
@charlesrovira57079 күн бұрын
@5:55 I bought my shares of *Tesla* when the *Hornsdale* power farm was looking like it was going to be a success (Third quarter of 2018.) I could use less focus on *Tesla Automobile* because *Tesla Power*is going to be _the tail that wags the dog._
@bitemethehardest9 күн бұрын
Optimus will dwarf it all.
@nr54949 күн бұрын
Surely it makes most sense to generate and store power within the home, negating distribution costs, transmission losses and management costs. After all, local and centralised systems use exactly the same solar panels and batteries so there are no economies of scale, as there are with fossil fuel and nuclear power. I will fit my next house with solar, a battery, and a heat pump.
@JorgeLausell9 күн бұрын
Smaller, neighborhood level batteries would be a great help.
@Notlib9 күн бұрын
It would be more useful if Tesla cars introduced bidirectional charging - car to grid…
@steveknight8789 күн бұрын
Power to grid is already available with some BEVs - but Octopus (last time I looked) can't do it because there is no authorised charger/inverter available.
@V4mpyrZ9 күн бұрын
The hardware is present in almost all Western cars. (It could be also in Asia too, actually I'd be surprised if it didn't)
@brettgracey96829 күн бұрын
The problem with that is the number of charge cycles. If the average user uses 2 cycles a week, they have decades of battery performance. If the grid uses 2-3 cycles a day from your batteries, your batteries wear and lose capacity much faster. As charge cycles continue to improve, this will be less of a problem.
@steveknight8789 күн бұрын
@@brettgracey9682 Yes. I'm not sure how often they would cycle the batteries. I imagine they would take from them during the night, and recharge in the morning or during the day.
@paulc67669 күн бұрын
Vehicle to Load more important for households. Tesla's can be converted, it would void the warranty but after that it may be worth doing.
@sun-man9 күн бұрын
TE⚡⚡LA
@DLWELD9 күн бұрын
Clever graphic. But.... the SS has already used that.
@miroslawkaras77109 күн бұрын
@@DLWELDThat what will be written on Leon swasticar😂
@TerryHickey-xt4mf9 күн бұрын
Interesting re heat pumps, here in NZ they are a no brainer, been around for years and are just about in every house, we have 2. We do not have gas lines in most places. A high percentage of our grid is green, so to speak, and getting greener each year. Ausi has it even better as their government subsidizes roof top solar, and it works. When we flew over Sydney recently it seemed a very high percentage of homes had solar, my cuzzies all have heat pumps as well. They call them air conditioners, but our heat pumps do that too.
@veganpotterthevegan9 күн бұрын
How cold your winters are is a huge factor. While still cheap, my energy bill is about $35 a month in the summer and $120 in the winter. At least 80% of that is from my minisplit. Natural gas would be about $70-80 a month to heat my home in the winter and with standard AC, I paid about $60 a month. *I'm in Utah
@chriseyre839 күн бұрын
The biggest battery site in the uk is currently in north Yorkshire connected to Drax substation. It also uses tesla batteries but its not run by Tesla.
@GruffSillyGoat9 күн бұрын
The UK market is segmented, mutiple well established energy service integration companies buy battery storage systems from different sources (including Tesla, CATL, BYD and domestic providers) to operate services on behalf of the market or a generating company.
@ramblerandy23978 күн бұрын
Sam, you really need to do a video on Octopus Energy [you mentioned it] if you want to talk about fast growing companies in the UK. It's less than 10 years old and is already the UK's biggest energy supplier and has spread to Europe, Japan, Aus and NZ. The CEO is Greg Jackson, and guess what? He's a really nice bloke. Octopus did tie up with Tesla for a while in a mutual help programme, allowing Tesla to try out its Autobidder software. Octopus has its own software called Kraken, which is being adopted by other companies. The take up of domestic heat pumps is slow in the UK for several reasons. 1. There's a lot of anti-heat pump FUD originating from traditional gas suppliers. 2. UK homes are some of the worst insulated in Europe. 3. Electricity prices are ridiculously high due to an antiquated merit order bidding system which spikes when [ironically] gas peaker plants are started up. Gas peaker plants are mostly used in the winter when high energy requirements are most likely. So naturally, people see the complexity of changing over and give up because the difference overall is marginal. Electricity prices need to drop dramatically, supplied by renewables, and there needs to be a nationwide free home insulating programme. It would actually save the UK money.
@scottwills46989 күн бұрын
It would be tough to beat Octopus Energy in the UK. Great customer service and really innovative tariffs.
@AdrianHilder9 күн бұрын
@@scottwills4698 OVO is pretty good but playing catch up to Octopus.
@nr54949 күн бұрын
They just came 7th in Electrifying’s recent review.
@Rexbilly98198 күн бұрын
EDF is better, as all their power comes from nuclear, which is the greenest and lasts forever.
@scottwills46988 күн бұрын
@@Rexbilly9819 not greenest - doesn’t last forever (the plant or the fuel).
@sang3Eta9 күн бұрын
At £1 ($1.24) kWh at 6pm 3 times this winter I'm surprised more haven't jumped on the emergency energy production band waggon.
Autobidder can be installed on any system. Tesla charge 30% transaction fee. So if CATL want to sell their packs in the US then a work around would be to install Autobidder. I think that given the size of the global energy market and the on going revenue generated by Autobidder and the sale of Megapacks the energy business will be bigger than automotive. That's including Robotaxi revenue.
@geofffs67188 күн бұрын
If so, seemsTesla's hugely profitable software program is setting itself up to become a 30% parasite on balancing UKs electricity supply? Before encouraging something of a Tesla monopoly on UK's battery supply, I'd hope the government could ensure instant & transparent power prices and to encourage many other automated software programs that can compete with each other to do the job for say a 10% rake-off
@geofffs67188 күн бұрын
Competition has created automated dealing on large baskets of shares, with all regulatory & customer paperwork & dividend processing. All that is now available for a twentieth of 1% per year. It used to cost 5% plus. That would seem to be a good target for UK government to aim for, with automated power transactions from batteries?
@モッシヒーロー-m5o9 күн бұрын
Good😊
@harryw299 күн бұрын
Solar roof tiles have been in the UK for years.
@mirvine19 күн бұрын
When and if Tesla ever starts implementing and selling bidirectional charging and vehicle to grid capability Tesla vehicles will become part of their energy division.
@V4mpyrZ9 күн бұрын
Ok so in essence Tesla won't be an energy producer but an energy trader, buying electricity at low demand and reselling at peak hours.
@BittermanAndy9 күн бұрын
Both.
@peteharvey23429 күн бұрын
Electricity in the UK is 5 times the price of gas. A heat pump would have to be 500% efficient and the same priice as a boiler to break even. That's why take up is poor.
@daveryder44309 күн бұрын
That's due to Ofgem calculating the price of electricity based on the price of a therm of gas. Ignoring that maybe 50%, more on some days, is from renewables. You couldn't make it up. For cheap energy change the calculation.
@simontillson4829 күн бұрын
The other disservice Ofgem causes is they price electricity based on the highest projected price for gas supplies, so every time we get a spike in gas prices, the energy companies have a bulletproof excuse to increase prices the next year. The fact that gas prices quickly stabilise and their real costs are way lower isn’t taken into account so their profit margins and our bills keep ballooning. It’s tragically unfair and must be hurting the whole economy, not just households.
@S_Curves9 күн бұрын
Peter , it is 3.5x if you use price cap unit prices and assume boiler efficiency of 90%. It is much cheaper if you choose an appropriate tariff. People are not changing due to misinformation.
@GruffSillyGoat9 күн бұрын
Not really OFGEM as such they're just the admin manager, it's more the pricing framework regulation that have to adhere to, which is set by government and is decades old and out of date. The previous government refused to change it, but the current one at least is consulting with the industry considering their requests for a regional based pricing grid. Those areas with majority renewables will get better pricing than those with lower levels of renewables. This is turn should make those areas with lower renewables seek to increase their share of renewable generation so speeding up the transistion. Also, there is a difference on the domestic tax burden carried between electricity and gas, with electricity price being about 25% tax and gas 6%. This is because virtually everyone has access to electricity but only a subset to natural gas (others being on electrict heating/cooking, domestic oil heating, lpg, propane cooking etc.), so to collect taxation more fairly it's loaded into the cost of electricity.
@veganpotterthevegan9 күн бұрын
The UK should look to replace the natural gas they get from the US.
@amust19679 күн бұрын
I have had a heat pump for all my heating and cooling for over 20 years. It is very efficient and is not new technology. Tesla may make it better but it is by no means new technology.
@goflyfpv27989 күн бұрын
it wont reduce costs because we be financing the following initiative
@PnCBio7 күн бұрын
And don't forget to add inflation to the recovery cost of having it done. The money you're saving down the road is literally worth less money.
@barilibill47498 күн бұрын
Sam really likes that shirt, bought 7, one for each day of the week
@nicholaspostlethwaite95548 күн бұрын
Tesla or anyone has a hard time dumping Grid battery facilities wherever they like in the UK. They will not be able to dump one near any place there may be a recharging site for cars! UK has few of these so far, so easy to have silly percentage of market numbers.
@nigelsmith568 күн бұрын
When you pay nearly 5x what it costs in the USA for elec out school gas still makes sense
@davidbayliss37898 күн бұрын
I live in England and as much as I despise Elon's apparent character and the things he says, I applaud the things he pushes his companies to do and welcome Tesla! One of the things that confuses me though, when seeing footage of these grid scale battery installations, and even Tesla factories and Space X etc. from above, is, why don't seem to maximise use of solar on their facilities? Surely as they already have the tech. to use it to reduce their operational costs, presumably, why don't they do that? What's the barrier? Other people ... I'd just say ... well ... they can't be bothered. They focus on one thing and don't do other stuff even if it'll save money, because it's distracting and requires effort to get people onboard etc. and overcome impetus of the status quo. But agile Tesla ... who are already doing this stuff ... is there a design decision behind not utilising solar? Is it to do with fire-breaks and thermal management etc.? Looking at those battery installations, I can see they want to crane things in and allow room for that. And they leave enough gaps I suppose to allow for fires and maintenance and heavy-lift gear etc. And everything seems to be a gloss white presumably to reflect solar heating. But still ... flat roofs and top ventilators that surely must have to deal with rain and then no apparent guided drainage etc. ... just seems to indicate a lack of design input. I find that confusing. I would have thought they'd have solar canopies that are easy to remove, are shaped for rain run off, and for flame diversion and maybe automatic ejection for firefighting access, optimal static positioning for maximum solar exposure etc. And that maybe they'd even have a robotic system for maintenance of this system so that it has minimal operational cost impact and instead a net saving. While those savings might not be huge vs the profits from the key business, and potentially distracting, I would have thought they might have long-term wear and tear cost savings too and also contribute to good PR. Ha - in my Thunderbirds inspired fantasies I imagine multi-level facilities with hydraulic lifts for units and battery mixes from LiFe PO4 to some kind of Rust based battery to some kind of Flow batteries and so on and even "heat" batteries maybe at the bottom ... all to maximise that use of land. Maybe even allowing grazing on site like Agri-photovoltaics. I'd like to see something that's so useful, so "maximal" lol - in terms of land use which is a limited resource from residents' points of view on the British Isles ... that's it's really easy to defend against Elon's compatriot FUDsters/misinformation-broadcasters etc. who happen to be fossil fuel supporters.
@tazpartridge16128 күн бұрын
Maintenance space, the units are lifted in and out of place...
@johnmason56269 күн бұрын
It will be interesting to see what they down in the retail space because we already have a very strong and innovative company call Octopus in that space who are also noted for outstanding customer service.
@carl-Sp9 күн бұрын
Nobody gets fired for buying Tesla. It’s the software. Buy from a company that may not survive and you’ve got some v expensive bricks.
@sanjuansteve8 күн бұрын
Let's drill holes in the ground and suspend a portion of the materials to create a gravity battery of any scale, almost anywhere.
@garyrooksby9 күн бұрын
England and Britain are not interchangeable terms. It's like interchanging Texas with USA.
@GruffSillyGoat9 күн бұрын
I suspect that wasn't Sam intent, he seemed to be refining scope at the start of the video, UK for context then specifically England within in respect of the location of the specific project he referenced. He then generalised scope in meaning energy produced from the storage site could be used across the UK, which is true as the UK has two supergrids - the one on Great Britain land mass and a partnership and powersharing arragement with the Irish grid that operates the Northern Ireland park of the UK grid.
@bitemethehardest9 күн бұрын
Picking nits in public again? Shame on you!
@nr54949 күн бұрын
Even in the UK, our understanding of the names England, Britain, Great Britain, and the United Kingdom aren’t well understood, and the terms are often used incorrectly, so I think we can forgive Sam on this point.
@Rexbilly98198 күн бұрын
Yeh, Britain is England and Ireland together.
@GruffSillyGoat8 күн бұрын
@ - give everyone a clue the next time you're trying to be humourous, we'll know to laugh with you rather than at you.
@networm789 күн бұрын
The only reason big battery companies like CATL and BYD aren't aggressively doing battery storage themselves is because they make a bigger profit selling to EV manufacturers. Tesla has to be paying above the market rates for battery storage. When the demand from EVs eventually stabilizes, that's when the battery makers will make their move and force the price of battery storage down across the board.
@GruffSillyGoat9 күн бұрын
CATL and BYD are already big suppliers to the UK battery storage market - by order of install capacity the top five are Tesla, BYD, CATL, LG Chem and Samsung SDI. BYD actually has more rated power installed than Tesla, but Tesla has higher energy capacity as their batteries last are typically two hour rather than one hour units.
@Rexbilly98198 күн бұрын
Nobody wants EV's, so they should take the batteries out of all the tens of thousands of airfields full of millions of unsold EV's and put them in battery storage for homes to protect everyone from all the power cuts and blackouts that we have all had these last few winters.
@JorgeLausell9 күн бұрын
UHDC lines going up in GB too?
@markwebster2439 күн бұрын
I stay in a flat how does any of this help me? How big is a heat pump going to be? Some of the installers are cowboys and haven’t a clue. I would love to buy an electric car but it is impractical we even have councils fineing people because they need an extension cable out on the streets to charge. Not only that we have to upgrade the pylons that transfer the power generated which for where we stay means digging up forests,land and going over peoples homes.
@nr54949 күн бұрын
I sympathise. I’ve been looking at flats recently but have been put off because of the lack of EV charging provision. One new build in Whitby (Mc Carthy Stone) was installing just 2 chargers for 60 flats, and the costs for those would be at the usual extortionate public charger rates. And some don’t have ANY.
@markwebster2439 күн бұрын
@ Yeah I’d be looking at Tesla as there are more cheaper charging stations. But the will is not with the government as none of them ever stay in a flat plus they would be able to claw back the cost of charging.
@Rexbilly98198 күн бұрын
@@markwebster243 Your flat is going to plummet in value and desirability in the next few years, just because you don't have anywhere to charge an EV.
@markwebster2438 күн бұрын
@ Aye like every other affordable flat? Or are first time buyers going to go neck deep into a house with a drive and an expensive EV? 🤣🤣
@richardcowl57979 күн бұрын
Tesla CEO wants to 'drill baby drill' Strange times!
@JohnSmith-ux3tt9 күн бұрын
Does he actually support that policy? Or are you conflating his support for Trump with support for all of his policies? Sounds like a cult.
@carmenhealer46359 күн бұрын
@@richardcowl5797 actions speak louder than words. Supporting an administration that takes a crap on the EPA and wildlife preservation undoes whatever “good” for the planet, stated in words and propagated by the fan boys. It will be interesting to see England’s embrace of the CEO who just saluted in a manner akin to their greatest historical nemesis. One night I was in Scotland in 1980 when the street was empty. “Where is everyone?” They are home watching “Sound of Music”.
@stephenmorton97899 күн бұрын
Trump said that not Musk
@SaintKimbo9 күн бұрын
TDS is so 2024.
@ISuperTed9 күн бұрын
Nope, that’s Trump.
@Rhotz-ix8ll9 күн бұрын
Sorry if I missed it but what is the chemistry of these things? Are they lithium iron phosphate?
@bangkokbullmoto9 күн бұрын
Thanks for the report, I'd assumed Musk would not bother with the UK after his spat with the PM but breaking open the energy cartel, nurtured and maintained by our ever expanding regulator, must've been too great a temptation, not to mention that everything the government touches ends up with wildly inflated prices. Octopus is doing quite a bit on the retail energy side with some half decent Time-of-Use tariffs and actual human beings at the end of the telephone line who seem to have some intelligence, as well as offering the odd freebie to lower income customers. Some of the other retail energy companies are in a constant state of finding ways to rip people off with one of the largest basically making up bills on a whim and blaming its software (probably AI tasked with maxing out revenue). Retail electric prices are about 2.5 times wholesale cost, itself based on some arcane methodology to max out the energy prices of the actual energy producers, all done out in a manner to confuse normal people let alone MP's. Ofgem, the regulator, insists that all companies have to offer its capped tariff as the default (loaded up also with absurdly high standing charges) making it difficult for a new entrant to offer a single, innovative tariff that only work at scale as everyone would default to the capped tariff unless they specify otherwise. The government does desperately want to regain some popularity so radical reform of the energy market may not be impossible, clouting retail energy and Ofgem in favour of the consumer a vote winner,
@GruffSillyGoat9 күн бұрын
I would be more concerned the otherway that Tesla is seeking to create a vertically integrated energy monopoly that will result in a worse outcome for the consumer (more akin to the water companies and postal service in the UK). The UK's energy market is purposfully segmented to prevent monopolies of the past reforming, there are legacy elements that are more 'organised' and seek exploit the system (such as the peak energy gas generators recently, gaming the rules by stopping service outside a monitored time generation window in order to restart it at 50x the average price during a projected peak need). However, a lot of the issues are to do with the energy pricing framework not the regulator works as the framework was defined by ages back and maintained by sucessive governments, at least the current government is consulting on updating it to reflect modern times (talking with the likes of Octopus and other forward thinking companies). OFGEM themselves are more by way of administrators, monitors and reporters these days, their operational and certain licensing powers (DNO ones etc.) have been removed and given to the new NESO public body, which also has the system operator role that was previously with the private National Grid plc company. This is a streamlining of the roles to be more responsive and also a removal of gamekeeper/poacher aspects of the previous setup. So I would say the regulators role is being more focussed now, rather than expanded as it was previously. NESO has introduced two new battery operation services in 2024, the Quick Reserve and the Balancing Reserve as mechanisms to replace part of the role peaker plants, for rapid injection of capacity at times where demand outstrips generation (1 minute response for quick, and 5 minute for balancing). Interestingly, with renewable energy the government (previous and the new one) introduced a reverse auction process with a Contract for Differences approach for the generation and storage side of the energy market. This means providers (like Tesla) are bidding directly or working through established integrators (as well as the site owners) for the provision of generation/storage capacity, meaning the public get a better fixed price for the service under offer over a long time period (15 or 25 years, which means due to inflation the cost get's cheaper over time as well). This buying mechaism is being extended to other areas of energy, and the current government is tweaking the process to make it more attractive to bidderrs (less onerous). The segmentation also means the energy suppliers, who can purchase energy stored or generated across the whole market, can elect to buy energy that is cheaper for the consumer and package this in different offerings to meet consumers needs (overnight tariffs, agile tariffs, EV tariffs etc.), the suppliers act as optimisers of energy demand choosing whether to use genertion or storage sources of energy. Here disruptors like Octopus and Ovo, plus green innovators like Good Energy, have already shaken up the status quo to provide better products to the consumer. As Tesla appear to be seeking to cut across these segments as an energy technology provide, battery storage operator and energy supplier, this creates a monopoly organised around one company's products, with access to the monopolies advanted determined by consumer purchasing choice of technology rather than market dynamics. This is not something I see as a step forward, but rather a step backwards to the past of the energy market. One that our current experience with vertically integrated water service providers should be a cautionary tale. The main remaining issue form a consumer perspective is the pricing framework, mentioned before, that prices on the basis of the most expensive generation source (i.e. natural gas), this operates at a nationwide level so even if one part of the UK is using gas for 1% of it's energy need then the rest of the UK charge that higher price. This is being reconsidered at the moment by the current government, as to whether a more regionalised approach would be reduce prices, both in the short term for those areas with high renewables and in the medium term for those areas with more gas generaiton as consumers would drive the demand to implement more renewables (as in the current nationwide system the lower cost is currently hidden from their view).
@reefermark52985 күн бұрын
I didn't know Tesla was here in the UK we have a lot of green energy here.. maybe that's why it cost more for energy here then any were else in the world her in the UK we either eat or heat lots of people cant do both
@markrogers67098 күн бұрын
Jocks going to live this🤣🤣🤣
@eleetgroupvideo9 күн бұрын
The real Mr House or a.k.a Tony Stark 😀
@doc21467 күн бұрын
Let’s get even more dependent on the Chinese.
@gregohare24069 күн бұрын
If Tesla uses CATL batteries, what is to stop CATL from going into direct competition with Tesla for the battery storage market. Especially since they are subsidized by the Chinese government and will have the ability to sell below market. It’s not like the Chinese don’t already have a track record.
@GruffSillyGoat9 күн бұрын
CATL, and BYD, are already suppliers of grid scale batteries to the UK energy market. They bid alongside Tesla for the same deployments usually alognside a system integrator.
@AdrianHilder9 күн бұрын
@@gregohare2406 Tesla has world leading control software in this market and can build more efficient installations than CATL despite using the same CATL batteries.
@Beni10PT9 күн бұрын
Imagine if the governament had 2 tariffs in play for electricity generation with fossil fuels and without fossil fuels, this would not be viable, the consumer is getting ripped off.
@snodgee9 күн бұрын
We can’t buy direct from Tesla at the moment and when the sun doesn’t shine and no wind we use gas power stations , like in Australia battery storage is the most expensive
@Rexbilly98198 күн бұрын
Price of Duracell AAA alkaline batteries has gone up so much recently. So expensive.
@rockycata60789 күн бұрын
May have mentioned on this channel about "Tesla Energy", and the 3 pillars of energy; capture, storage, and delivery. Tesla is nexus of that 'architecture', and must provide the storage capability that gives leverage to the other 2 pillars. That's why the Tesla emphasis is on storage as indispensable for renewables as a cost-effective proposition. Musk is agnostic to the chemistry of batteries, only producing his own as a hedge against 'others' disrupting his capability to operate anywhere in the energy supply chain. "Heat pumps" are coming, and that has been evident since the design of the #Octovalve. Mr. Musk is not an artist, but take a look at that octovalve, the Model-S engines, and the Raptor-3 engine; the same hand of Elon's AI-driven architecture. Leonardo DaVinci would approve, as the Japanese described, "a work of art".
@richardbrown31249 күн бұрын
A person in Ohio, USA had developed a way to run a car on water. He found a way to break down water into oxygen and hydrogen very efficiently. This could be used with no polution and any water vapor exhaust could be sent into a radiator to convert it to water and put it back into your fuel tank.
@GruffSillyGoat9 күн бұрын
Doubtful, a number of fundemantals of physics would need to be broken to make this happen. At each step of this process energy is required to be used to produce the output to the next step, with the step efficiencies not being that high either (despite claims otherwise), in the end this required another energy source to drive the overall process be it a fuel or a source of stored electricity (like a battery). For which direct use of this stored energy will always result in a more effective and overall efficiency method of propulsion, than one which sought to spend energy to convert water into constituent elements to derive energy from re-assembling them again.
@SaintKimbo9 күн бұрын
This story has been playing the rounds since before the internet started, that's how old it is.
@richardbrown31249 күн бұрын
It is true, he was poisoned to death.
@steverichmond71429 күн бұрын
The labour government will nationalise battery storage sometime next year.
@davidpearn59259 күн бұрын
As a sweet talking pr genius - how could he possibly fail 🤔
@Tonysia-y9 күн бұрын
Its a shame Australia is about to return to the dark age of having to pay big business for power in about 4 months. My solar has taught me to be independent and thats what big business fears.
@tazpartridge16128 күн бұрын
This Aussie won't be paying... 9.9kw inverter, 27 kWh storage, RCAC for heating and cooling, and 40 kWh to the grid each day 95% We do not draw from the grid
@Tonysia-y8 күн бұрын
@@tazpartridge1612 Now thats what I call true Aussie grit.. Top effort.
@craigtobin2879 күн бұрын
I am excited to have a cleaner environment for my child and the future generations but I am concerned about if these megapacks catch fire and the release of toxins from this. Can you provide info on this subject? I believe there have been fires in Queensland and Victoria, referred to as "minor incidents.
@AdrianHilder9 күн бұрын
@@craigtobin287 not sure about ground storage batteries, but outside of some bad EV designs, EV fires run at about 20 in 100,000 vehicles, petrol/gas about 1,300 in 100,000 and diesel about 1,500 in 100,000 vehicles. Battery fires are very unlikely by comparison.
@craigtobin2879 күн бұрын
Thanks. I just have concerns after the Moss Landing battery fire. The EPA said the smoke wasn't toxic and there is nothing to be worried about but need better monitoring. The fire fighters are saying it's a wake up call and need to rethink how we progress with this technology. Who should we listen to.
@AdrianHilder8 күн бұрын
@craigtobin287 ultimately battery technology is inheritantly safer, but it's a relatively new technology at this kind of scale and it clearly has room for improvement. Let's hope lessons are learned by the Loss Landing fire. It's worth remembering that oil.rig, oil refinery, gas station and other fires happen and are quite toxic. Nothing will ever be zero risk.
@craigtobin2878 күн бұрын
@@AdrianHilder I wish lessons were to be learnt, but apparently this was the 4th incident. The first three were overheating incidents and the 4th was the fire. I find it disturbing that the EPA and the Fire Chief gave differing advice. I have an energy storage facility directly inline with the prevailing wind of my area. The people near the Moss Landing fire are saying that have received burns to there skin and have respiratory issues. I just think these incidents should be looked at and talked about.
@AdrianHilder8 күн бұрын
@@craigtobin287 I recognise that you have researched this more than I have. The battery units at Moss Landing were made by LG who also have higher incidents of EV battery fires. I also find reference to "Tesla Megapack BESS unit caught fire at another of the world’s largest battery storage systems, the Victorian Big Battery in Australia". My sense of it is the technology will improve, fires become even rarer and other energy storage solutions will come not reliant on substances that can be toxic if fires happen. If I were in your position I might like to know if a fire incident happens up wind of where you live how are you going to be informed so you can leave the are until the air clears.
@brollejunior9 күн бұрын
Wow! Tesla is really heily innovative!
@paulcolu9 күн бұрын
Batteries in UK mainly storing wind power energy rather than solar at the moment as it is the primary renewable energy source. Remember in the UK old school gas is far cheaper than installing other heating and cooking systems.
@JohnSmith-ux3tt9 күн бұрын
How do you know it is storing wind energy?
@S_Curves9 күн бұрын
Wind energy is over50% of grid mix in the periods when energy is stored. This is when electrons are cheapest.
@GruffSillyGoat9 күн бұрын
@@JohnSmith-ux3tt - the UK has over 30GW of grid scale wind generation capacity but only 16GW of solar PV (of which 1/3 is LV home generation) so approx. 10GW for grid scale storage use.
@snodgee9 күн бұрын
At the moment Tesla isn’t a uk power company
@eldictator18 күн бұрын
They store renewables
@neilthomas67507 күн бұрын
It soon will be
@miroslawkaras77109 күн бұрын
Well, Leon building another swasticar factory? I thinking in Europe his busines days are number. He pist too many nations.
@simoneisgod9 күн бұрын
Musk's name is currently mud in the UK so I wonder if this will dent his plans! If your in the UK look and thinking of battery home storage look at GivEnergy British company and cheeper then the Telas powerwalls. Worth noting that heatpumps do work really well in the UK and are gaining momentuim despite the huge amount paid "anit heatpump" media
@NvidiaSucks8 күн бұрын
I thought that Tesla was an American company, it was totally funded by the US government and still receives heavy subsidies from the US government.
@headpump8 күн бұрын
Tesla is battery systems, ev cars, , robots, etc. Combined with Neuralink, Starlink, SpaceX, do you see a pattern???
@charlesvanderhoog70569 күн бұрын
I have been saying for yat least two decades that the energy transition will not occur without power storage. Now, how do you think the local governments and electricity companies reacted and still react? They scoffed at the idea and thwarted me 100%. In The Netherlands there are only 7 places where a battery factory could be built, all places were all of a sudden gone in 2022 but zero battery factories have been built. It was all preventive strikes by fossil fuel and legacy power interests. The LAST thing they want is someone who stores free energy like solar power and put that into the grid for a price. The horrid Rutte, who is now head of NATO, has put in place legislation that prevents clean energy initiatives to become significant in The Netherlands with the result that we are now the worst performer in the EU in terms of green or clean or renewable energy. I am sooo frustrated. If in 2008 the nordic provinces had put in place our plans for geothermal power, ALL of the consumer power in The Netherlands would now have been from renewables, even without power storage needed. But the government was terrified that the electric power companies would be angry and prevented that by declaring the area "historic" which meant that no kind of industry whatsoever could be built there.
@GruffSillyGoat9 күн бұрын
The UK has 4.7GW of energy storage (most short-term, aorund 6.5GWh, with 2 hour batteries becomming the typical install option in 2024), and is currently second to Germany within Europe in deployment, with plans to grow to 22GW by 2030 (mixed short and long duratoin storage) out of a total current pipeline of 127GW projects (phased between now and 2050 target) .
@stevenbarrett76489 күн бұрын
It's good to see Tesla getting into the UK power market as the incumbent's are not very good apart from Octopus. We've had a look at the Octopus heat pumps but they are HUGE and a nightmare's worth of pipework too, looked like something from Terry Gilliam's film Brazil !. We need more giga packs installing, enough to cover our 14% power shortfall. Be good if we could use our Tesla car's for V2G. Great Britain is getting there, albeit very, very slowly. We have little to no support from government to install home and commercial roof-top solar although this would produce literally thousands of jobs in the renewable market, all these new employee's would be paying National Insurance instead of drawing benefits. Who knows maybe Tesla will buy Octopus ?.
@charleswillcock32359 күн бұрын
Maybe someone could contact Rachel from Accounts.
@snodgee9 күн бұрын
At this very moment in time Tesla is not a UK power supplier
@vincentcausey84989 күн бұрын
You need sufficient storage to cover periods of Dunkelflaute. The UK consumes about 30 GW at any given time, with some peaks and troughs which is 24 x 30 = 720 GWh consumed in a 24 hour period. For comparison, a Tesla Mega pack can store 3.9 MWh. Let's say you decide to install sufficient Mega packs to cover 24 hours where there is almost zero wind. That means you need 720 GWh of storage, so you order 720 / 0.0039 Mega Packs and you find you need to buy 184,615 of them, and with a price tag of $1m each the outlay is $184 billion. (Maybe you can get 10% discount, lol). That's why battery storage will never replace CCGT.
@markvalery86329 күн бұрын
@@vincentcausey8498 "That's why battery storage will never replace CCGT." Should be changed to That's why lithium ion or LFP battery storage will never replace CCGT. Other battery technologies will eat into the CCGT market.
@charleswillcock32359 күн бұрын
@@vincentcausey8498 There is another variable which can be added to this which is, to make your grid bigger. Meaning that you have the facility to import and export electricity from neighbouring countries. Tony Seba suggested that would be the solution rather than the one which you have rightly identified would be extremely expensive, if that was the chosen solution.
@mirvine19 күн бұрын
I don't get why Tesla doesn't become a residential real estate developer and build and sell entire developments with all their energy technologies instead of marketing solely to the individual home retrofit market.
@NotThatGoat8 күн бұрын
Are there any country where electric price dropped becouse of renewals?
@claudebeazley9 күн бұрын
Their next project will be super efficient industrial electric ovens
@JohnSmith-ux3tt9 күн бұрын
Sounds like a cult,
@bartsimpsonhead27908 күн бұрын
You mean electric 'showers' surely?
@claudebeazley8 күн бұрын
@bartsimpsonhead2790 no need , there'd be no water to heat up.
@bartsimpsonhead27908 күн бұрын
@ fairly sure the sort of 'showers' Musk's supporters would like to see wouldn't dispense water (though it might be part of his final solution)
@johnnunez92959 күн бұрын
I enjoy your videos and often find them very informative but I have to pick you up on the way you're bandying numbers about without context. You state that Tesla's UK sub's 2023 revenues of £386m is "a lot of money". Google tells me that "In 2023, Tesla generated $96.77 billion in annual revenue.". So, no, relatively, it's peanuts (0.4% of Tesla's total revenue). Otoh, you often mention impressive-sounding percentage increases without mentioning absolute numbers. 400% of sweet FA is still sweet FA.
@MaxMisterC9 күн бұрын
I'd rather buy a bag of EverReady's.... Want NOTHING to do with Musk nor Trump!
@GruffSillyGoat9 күн бұрын
Possibly not EverReadys, but Duracell make home storage batteries in the UK market.
@stephenseibold61168 күн бұрын
Replacing CEO's with AI would be the greatest return on investment for board members. They could save millions overnight without effecting production or quality of products.
@jeppo11859 күн бұрын
It might be time for Elon to hand over the reigns before he harms everything he has built.
@SaintKimbo9 күн бұрын
TDS is so 2024.
@coolco16199 күн бұрын
How?
@SaintKimbo9 күн бұрын
Elon, through his purchase of Twitter, exposed the censorship operation that the Democrats had set up, that was clearly in contravention of the rights of the US Constitution. Instead of admitting any fault, the maliciously vindictive Democrats have waged a hate and smear campaign on Elon ever since, which has, typically, been enthusiastically supported by their ever obedient non questioning followers.
@djt85189 күн бұрын
@@coolco1619he went over to the dark side
@Rexbilly98198 күн бұрын
He won't catch every rocket. He's bound to miss and destroy a few.
@koenraad46189 күн бұрын
Big battery packs should have been part of the whole green plan ('cost case'???) from the very start, not as an after thought. Green politicians cannot even make a simple calculation (calculate through the economy of the complete fossil-fuel-infra replacement by 'green tech'), so they let us pay for numerous costly wind turbines that also have a negative impact on the eco system btw, as a half baken solution to a big problem. Tesla and Chinese battery research and Chinese mass production of battery packs may come to their rescue, but time and money are running out.
@FlowerNShrooms9 күн бұрын
Tesla car owners are considering selling their cars after his recent action on stage. Check the numbers. Maybe BYD can buy tesla as it tanks
@farmerpete62749 күн бұрын
FFS, just take a look at the video, Elon is just thanking people from his heart. And no Tesla owner are not thinking of selling their cars...
@SaintKimbo9 күн бұрын
You forgot to add, "Tesla car drivers WITH TDS are considering........"
@michaelmcnally23319 күн бұрын
Watch the carwow review of new Model Y or more fun just read the comments from people taking the p*ss out of musk.
@michaelmcnally23319 күн бұрын
No but many are posting on carwow review that won’t be buying another Tesla. You can try and spin it anyway you can but unfortunately for Musk his heartfelt thanks incorporated a hand gesture associated with the Nazi salute. The smart thing to do would be instead of doubling down on stupidity is for Musk to acknowledge that whilst not his intention and apologise to people that saw the action and how was seen, and for any offence that may have been inadvertently caused. In which case would have been blown over and forgotten about by now..
@Peter-ud9bx9 күн бұрын
You look at the video. Open your eyes. There were two clear salutes. FFS.
@emmaatkinson43349 күн бұрын
UK heat pumps need to be matched to the housing stock. Many UK houses are poorly insulated and poorly ventilated. There are lots of rogue installers that will prey on people that rely on expertise they don't have. Houses in UK with gas central heating were traditionally designed to circulate water at 70°C, radiators were sized accordingly. So the heat pump system design for a house is not straightforward for many home owners. Insulation and ventilation can create cold spots that is good to grow mould. There is no straightforward solution there either. Is anyone prepared to indemnify home owners that choose to go for a heat pump? The energy market in UK needs to be changed. Currently the National Grid pays all generators the same unit price for base load supply. Gas generation cannot be turned off. So, UK households pay the highest (3x gas unit price) for electricity. There is presently a huge backlog of orders for grid connections too. Then add in grid stabilisation, short and longer term energy storage and the overall complexity of decarbonising the UK domestic energy supply starts to look overwhelming. That's what Tesla will be getting into. I think all of this will be fixed one way or another at grid scale. If it is, grid scale solar, wind and battery may become so cheap that it will hinder recovery of investment for home installations. Is a 10 to 12 year return of investment likely? I have no idea, so it's a bet. I'm betting on grid scale reduction in Electricity prices happening in the 10 to 12 year time frame. That means home solar and battery are 50-50 bets. I'm probably wrong.
@nr54949 күн бұрын
My local council offered me a heat pump 3 years ago. The energy survey they instigated was a fudge, awarding my house a B instead of the G it deserved at the time.
@emmaatkinson43348 күн бұрын
@nr5494 Get another survey from a different EPC assessor?
@nr54948 күн бұрын
@@emmaatkinson4334 The point I was making is that my house back then was totally unsuitable for a heat pump. It was draughty and poorly insulated and a heat pump would not have coped. The council were just trying to get as many installations as possible, even if the houses weren’t suitable. I’ve since had the floors & walls insulated and new windows fitted, and the heat pump copes very well.
@emmaatkinson43348 күн бұрын
@@nr5494 I see. If it is of any help there are now heat pumps that circulate 70°C water. For me, the unit price of electricity needs to drop below that of gas (i.e. about 25% of its present price) I think it is reasonable to expect that to happen if Ed Miliband has determination to move the unit price down. It should boost the UK economy as much as a tax cut would and reduce government spending. Big wins for whoever is in power.
@kimmurphy16838 күн бұрын
I'm liking Terrapower. Nothing against Elon. I love Elon. Just saying.
@richardhunt45767 күн бұрын
Not yet it hasn't!
@Dabayare7 күн бұрын
Elon keeps investing in areas where he knows he will get government subsidies. They are not sustainable and always costly to customers. I installed a heat pump and my house is the most suitable for logistics as I have a front porch with a flat roof which placed the pump. I don't see any much difference because we always kept the house to 18C and always wearing warm clothes around the house.
@mlann23338 күн бұрын
Viking is just a disaster at this stage, refuses to see musk for what he is.
@williammacdonald91546 күн бұрын
For sure for sure! Head in the sand…
@nicholaspostlethwaite95548 күн бұрын
Heat pumps are junk. Most stock of UK houses are old and poorly insulated. So heat pumps are not much good. Building trades rip everyone off even more the moment they can, especially if there are government grants available. Government needs to fix a date to turn off the gas, or no one will take any notice or do anything. I do not have gas to my road. Right now it is 10C indoors.
@USACars-id3bf9 күн бұрын
I won't buy another Tesla product. Never again !!
@SaintKimbo9 күн бұрын
Obeying your Masters then? Good little sheep.
@rowanbroekman39299 күн бұрын
But then, what will you buy?
@djt85189 күн бұрын
@@SaintKimboOk ivan
@boembo66279 күн бұрын
Musk is the elite you dope.
@ddeightonuk9 күн бұрын
How sad
@kaf23039 күн бұрын
It wouldn’t surprise me to see 10x battery installed cap by 2030
@grantbuttenshaw9 күн бұрын
That would mean about 1% of the worlds electricity would be stored in a battery..
@stanmitchell33759 күн бұрын
100 kw wind turbine is 50000$us probably100000 installed, payback in a year or so
@Rexbilly98198 күн бұрын
I had bailiffs come round to my house because I hadn't paid the loan for the solar panels I had installed. I told them that the sales person said they would pay for themselves in a year.
@Alantj226 күн бұрын
As far as I can see, Tesla currently provides 0 electricity in the UK. How is that the fastest growing.
@silambarasanbalasubramani85779 күн бұрын
@electricviking Is Eos energy a real deal?
@heidiwynn9 күн бұрын
The things Elon says are very consequential to the success of the company.
@spindeeicecream21088 күн бұрын
president elon is a Fraudster he lies about everything
@samuelkata76359 күн бұрын
Man, do you actually know how much is electricity in Britain... Look it up and then think why lol
@titanispi19989 күн бұрын
The thing most don't realize is that every megapack requires a 65k a year worth of maintenance. So unlike cars there is a tail on every sale.
@markvalery86329 күн бұрын
From an AI engine: Estimated Maintenance Costs Annual Maintenance Costs: Typically, maintenance costs for a Tesla Megapack are estimated to be around 1-2% of the initial installation cost per year. For a single Megapack, which costs approximately 1-2 million (depending on capacity and configuration), this translates to 10,000-40,000 per year for maintenance. Long-Term Costs: Over the lifespan of the Megapack (10-20 years), maintenance costs are relatively low compared to the revenue generated from energy storage and grid services. Where did the $65K estimate come from?
@paulc67669 күн бұрын
@@markvalery8632 An anti Tesla post on social media.
@illargi1009 күн бұрын
Ignorance I guess
@TerryHickey-xt4mf9 күн бұрын
people would not install them if the sums did not work out, because of their class leading software, companies know it is a no brainer for them to make money using this system.
@AdrianHilder9 күн бұрын
Amusing start to the video. "Britain" or "England" which are two different things and then you say UK which is a 3rd thing. So which of these 3 geographic areas are you talking about?
@JohanDanielAlvarezSanchez9 күн бұрын
I feel you brother. Most people miss-pronounce my country Colombia for Columbia
@dochi19589 күн бұрын
No one cares. Your Empire is dead, along with your island.
@larryc16169 күн бұрын
Semantics
@yodaiam10009 күн бұрын
Those cold little islands west of Norway.
@SergeDrouin-ld7if9 күн бұрын
All the same to me. Those little islands that thinks that they rule the world
@tomascermak92059 күн бұрын
No way. Tessla nevěře more.
@nickorman8149 күн бұрын
I hear his political statements and chose to buy elsewhere. His politics has lost him my business and many others
@SaintKimbo9 күн бұрын
TDS is so 2024
@bitemethehardest9 күн бұрын
NP, your dying breed won't move the needle anyway.
@sdpryce8 күн бұрын
I'm sure he will be so devastated to learn Tesla lost your business, lol. I for one am all for him highlighting child rape in the UK. Why are you opposed?
@bennybpbj8 күн бұрын
Do you think Chinese politics are better? All auto makers in China are part owned by the CCP.
@jeffg45708 күн бұрын
Could you provide a direct quote from one of his “political statements” that you find offensive?
@thefunksoulplumber229 күн бұрын
All government grants borrowing from the future, currency we don't have.
@TheGezm20088 күн бұрын
Would not give Mùsk a dime.
@adamtester76117 күн бұрын
😂😂😂😂😂 That's a classic. "I'd like to cut my nose off to spite my face"😂😂😂😂😂 One born every minute 😎
@TalesFromTheBlahSide7 күн бұрын
I would only consider becoming a Tesla customer for any of their products or services once Elon Musk is no longer connected with the company.
@AllanStaib7 күн бұрын
When fusion electricity finally gets here won’t that badly impact battery storage and solar/wind?
@ZA269 күн бұрын
Good luck installing heat pumps on terraced houses
@peace58509 күн бұрын
Don't know what a terraced house is, but we install them here in apartment buildings. Is that the same thing?
@SuperUbuntudude9 күн бұрын
@tomaseriksson45339 күн бұрын
I will strongly recommend UK government to set up a rather large solar/wind system with batteries which have the main function to store energy that can be used to lower the pikes in cost that are created due to the marginal cost pricing. Don't forget that Wall Streets own the market place for electricity and that is not a good combination together with Elon Musk.
@AdrianHilder9 күн бұрын
@@tomaseriksson4533 batteries are essential for grid balancing and short term storage. But no one on KZbin ever addresses long term storage to cover for months of low wind and sunlight. In northern Europe there is a cyclical phenomena of low wind years. You need energy storage to cover for lean years of renewable energy output and batteries can't do that. The UK is starting on hydrogen production and storing it in underground salt caverns. It isn't as simple as just build batteries.
@tomaseriksson45337 күн бұрын
@@AdrianHilder I was thinking more about the short time manipulation of the prices. I don't know all details about the UK situation but in Sweden we have problem with wind always be the looser. When it blow is the price low and when it doesn't blow is the prices high. With marginal pricing can that give problems. It could be a solution for Swedish wind power to pump water up to the magazines during low prices.
@AdrianHilder7 күн бұрын
@ I'm not an expert in this field, but my amateur understanding is pumped water storage and hydro electricity generation is the most efficient long term storage if you can do it. Scotland is good for pumped storage and hydro, but further south the land is flat, but there is more than enough salt cavern space if hydrogen production can work at a viable level of efficiency. Variable wind is the problem for the UK too, and we are turning on gas fired power stations when the wind doesn't blow. Solar only contributes a small amount and that is much reduced in winter of course.
@fixeroftheinternet9 күн бұрын
I can't wait for this to happen. I have solar panels, a Tesla power wall and a.model.y. I have been expecting it to happen
@passdasalt7 күн бұрын
Elon's words can make him appear evil. His companies are good. Actions speak louder than words.
@SynergyDMS9 күн бұрын
Musk's historical resistance to V2G to protect his grid and retail battery businesses takes the shine off Tesla's environmental credentials. The Cybertruck shows that they can do it, but only because they had to to compete with Ford's F150 Lightning. Hopefully that will change when/if Tesla's launches its UK retail electricity supplier business. I want to buy a Model Y (+Powerwall) but won't until V2G is official. Your EV battery largely follows you around to where you consume your energy. At home, in your car, at work. Equally you can then charge it at home or daytime at work when the sun is shining. A Tesla VPP when your car is doing nothing 95% of the time AND at the point of consumption would negate much of the delay and cost of modifying the grid for a non fossil fuel future.
@steveboggs25959 күн бұрын
Great Video!!!
@electricviking9 күн бұрын
Glad you enjoyed it
@johnslater77189 күн бұрын
With a p/e of 110 it doesn't matter what they sell, the valuation is absurd
@simonoakley51029 күн бұрын
And wall street said they haven't yet added the tesla bots into the value .. so by them saying that the price will sky rocket so stop crying about it .. invest and triple plus yr money within the next 5 yrs ..
@dougm6599 күн бұрын
Ok, you sit there being poor while the rest of us invest in Tesla and make a fortune! Wall St still thinks Tesla is a car company… that’s how short sighted they are, by 2030 cars will be a tiny fraction of Tesla’s income and value…p/e ratios are irrelevant mate!
@jarrettritchie22279 күн бұрын
Amazon had a p/e ration of 639.6 in September 2015. Nvidia 146 in 2023 Chipotle 570 in 2016. A high P/E ratio can’t disqualify a growth stock. Teslas highest P/E ratio was just under 1400 in February of 2020.
@DLWELD9 күн бұрын
If the standard metrics. like p/e and so on, don't predict the observed price....maybe the models don't reflect reality - ie. something is wrong with the models - they aren't reflecting reality. They've left something out - or?? Don't pull a King Canute here.
@markvalery86329 күн бұрын
I'm not an investor. But, honestly, how many years back to you have to go where p/e is a determining factor in buying stocks? It seems to me that most stocks are bought more based on a gamble hoping that hype will raise the price and someone else will be willing to pay more.
@Jimages_uk9 күн бұрын
I have been saying this was Musk's end game for years, the cars will become a big part of the Tesla grid in the future, they have been used as the tool to test the batteries, and we have paid for the R&D costs by buying the cars. That is not to say there is anything wrong with that. It just demonstrates that team Tesla are forward-thinking, and this is what is going to help turn Musk into a trillionaire, and put him in a very strong position across the globe. China may have the manufacturing but Tesla have the knowhow and infrastructure being put in place with no opposition everywhere.
@SaintKimbo9 күн бұрын
Yes, Elon is demonstrating that with his 'robocab' concept, which will mean fewer cars in the hands of private buyers if successfully implemented.
@stevewest1317 күн бұрын
Battery storage is the piece of the jigsaw that seems to be lagging a bit behind renewable generation. It will be a massive undertaking in investment terms but the effect on the grid will be huge. Talking to someone who has a heat pump. Unfortunately he's not impressed, he said it doesn't supply enough heat and needs other heaters during cold weather.
@kamakazy909 күн бұрын
Used to think Musk was one of the good guys. Boy was I wrong !
@jovanleon79 күн бұрын
You must be a fan of CNN 😂
@DLWELD9 күн бұрын
You're even wronger now!
@iainmrodgers99919 күн бұрын
You were right then, wrong now. Have you gone through the facts logically?
@S_Curves9 күн бұрын
Watch the Electrek podcast from yesterday if you think musk is a good Guy.