Another measure of reopening

[Horace]

I don't read stock boards about Tesla but I listen to some podcasts. The most thoughtful Tesla doubters have long since thrown in the towel on the stock price. They continue to point at the business numbers and laugh though.

[Mik]

In Southeast Ohio coming home Thursday I saw a Tesla. It had one of those trailer hitch shelfs on the back. On it was a generator and a 10 gallon gas can. I'm thinking charging stations are kind of scarce down there.

[Jolly]

I still think Bush43 was right. To me, hydrogen makes a lot more sense as a fuel of the future than batteries.

[George K]

@Jolly said in Another measure of reopening:

I still think Bush43 was right. To me, hydrogen makes a lot more sense as a fuel of the future than batteries.

A few years ago, there was a big controversy as to whether Teslas are actually "greener" than traditional gas engines. When you consider the ecologic cost of generating electricity, most of which comes from coal in the US, you have to question the thinking.

Is that still the case? The Teslerati say it's not, but I wonder.

Yeah, hydrogen.

[Jolly]

@George-K said in Another measure of reopening:

@Jolly said in Another measure of reopening:

I still think Bush43 was right. To me, hydrogen makes a lot more sense as a fuel of the future than batteries.

A few years ago, there was a big controversy as to whether Teslas are actually "greener" than traditional gas engines. When you consider the ecologic cost of generating electricity, most of which comes from coal in the US, you have to question the thinking.

Is that still the case? The Teslerati say it's not, but I wonder.

Yeah, hydrogen.

Don't forget the energy involved in creating the batteries or the problem with disposing of them.

[George K]

@Jolly said in Another measure of reopening:

I still think Bush43 was right. To me, hydrogen makes a lot more sense as a fuel of the future than batteries.

https://www.energy.gov/eere/articles/5-fast-facts-about-hydrogen-and-fuel-cells

Similar to today’s gasoline vehicles, fuel cell electric cars can have a driving range of more than 300 miles on one tank of hydrogen fuel. They can refuel in just a few minutes and the fueling experience is almost identical to a gas station. Since the “engine” (i.e., fuel cell) has no moving parts, you’ll never need to change the oil. But because a fuel cell is more than twice as efficient as an internal combustion engine, a fuel cell car travels farther on that tank of hydrogen than a traditional car would on gasoline. This means you only need about half the amount of hydrogen, with double the fuel economy.

[Loki]

It could be as simple as hydrogen has no Elon Musk.

[jon-nyc]

@Horace said in Another measure of reopening:

The most thoughtful Tesla doubters have long since thrown in the towel on the stock price. They continue to point at the business numbers and laugh though.

Like Jeremy Corbyn saying he lost the election but he won the conversation.

[Horace]

The fundamentals of a business establish a floor for the stock price, but that’s about it.

[jon-nyc]

You say that as if the fundamentals are agreed upon.

[Horace]

I like P/E as such a price floor, as long as the E is stable and predictable. If a company can buy itself in a few years, and proceeds to try to do so, the stock price can't help but go up.

[taiwan_girl]

@jon-nyc said in Another measure of reopening:

Elon tweeted this. Shows their supercharging station use as a percentage of pre-Covid max. North America just returned to it’s pretty-Covid high.

I am surprised the APAC did not drop very much during the high point of the virus, but maybe the amount of Teslas on the road is quite small.