surrept33 + 609 st April 1, 2021 There are a number of hydrokinetic turbine companies starting to commercialize now, I'm curious if it'll end up being economically viable. Quote Share this post Link to post Share on other sites
turbguy + 1,401 April 1, 2021 37 minutes ago, surrept33 said: There are a number of hydrokinetic turbine companies starting to commercialize now, I'm curious if it'll end up being economically viable. At a minimum, they should not have issues with generator cooling. Quote Share this post Link to post Share on other sites
Rob Plant + 2,627 RP April 1, 2021 20 hours ago, Eyes Wide Open said: EV's were implemented in 2009/2015ish and they failed. Really?? This did make me chuckle Yes, I cant find any motor vehicle manufacturer anywhere in the world that's massively investing in a whole fleet of different EV's..... oh wait a second. Yes you're right they've clearly failed and will be consigned to the scrap bin of inventions, I bet old Elon is rueing the day he spouted off about making an EV, its clearly ruined him! C'mom EWO even you don't believe this surely, have you had too many single malts tonight??? 2 Quote Share this post Link to post Share on other sites
turbguy + 1,401 April 1, 2021 (edited) 1 hour ago, Rob Plant said: Really?? This did make me chuckle Yes, I cant find any motor vehicle manufacturer anywhere in the world that's massively investing in a whole fleet of different EV's..... oh wait a second. Yes you're right they've clearly failed and will be consigned to the scrap bin of inventions, I bet old Elon is rueing the day he spouted off about making an EV, its clearly ruined him! C'mom EWO even you don't believe this surely, have you had too many single malts tonight??? Actually, electric cars were very popular in the early 1900's. Very easy to start, no smelly exhaust, easy to "refill" at home, as opposed to ICE (or even steamers) at the time. I think we all recognize the guy in the photo... Edited April 1, 2021 by turbguy Quote Share this post Link to post Share on other sites
Rob Plant + 2,627 RP April 1, 2021 15 minutes ago, turbguy said: Actually, electric cars were very popular in the early 1900's. Very easy to start, no smelly exhaust, easy to "refill" at home, as opposed to ICE (or even steamers) at the time. very true! Quote Share this post Link to post Share on other sites
surrept33 + 609 st April 1, 2021 3 hours ago, turbguy said: Actually, electric cars were very popular in the early 1900's. Very easy to start, no smelly exhaust, easy to "refill" at home, as opposed to ICE (or even steamers) at the time. I think we all recognize the guy in the photo... Yes. In the Henry Ford Museum (in Detroit), there are large number of the BEV models from that era. Actually, that place is a wet dream for anyone who likes mechanical stuff. Decades and decades of different commercialized and experimental autos, planes, and trains. It really was Spindletop that started changing the economics of it. Quote Share this post Link to post Share on other sites
turbguy + 1,401 April 1, 2021 10 minutes ago, surrept33 said: Yes. In the Henry Ford Museum (in Detroit), there are large number of the BEV models from that era. Actually, that place is a wet dream for anyone who likes mechanical stuff. Decades and decades of different commercialized and experimental autos, planes, and trains. It really was Spindletop that started changing the economics of it. And Cadillac in the early 1910's that commercialized electric start for ICE. Quote Share this post Link to post Share on other sites
Eyes Wide Open + 3,541 April 2, 2021 (edited) 11 hours ago, Rob Plant said: Really?? This did make me chuckle Yes, I cant find any motor vehicle manufacturer anywhere in the world that's massively investing in a whole fleet of different EV's..... oh wait a second. Yes you're right they've clearly failed and will be consigned to the scrap bin of inventions, I bet old Elon is rueing the day he spouted off about making an EV, its clearly ruined him! C'mom EWO even you don't believe this surely, have you had too many single malts tonight??? You would be correct using the term or trash bin inventions and EV's filling that bin quite nicely...As of to date there never has been a successful EV..and no Tesla's EV is not successful. Since 2003 they have managed 500,000 cars and yet to turn a profit, with that being said Musk seems to be a master at govt welfare truly a master at that. Tesla Emissions-Credit Revenue May Boom Again in 2021: Analyst Regulatory credit revenue probably will rise to $2 billion from about $1.4 billion in 2020, analyst Dan Levy predicted in a note previewing Tesla’s quarterly earnings Wednesday. He wrote that his estimate for 2021 is higher than consensus of $1.3 billion. https://www.bloomberg.com/news/articles/2021-01-27/tesla-credit-revenue-may-rise-to-2-billion-credit-suisse-says Tesla (NASDAQ: TSLA) is a car company worth over $800 billion that has never turned a profit selling cars. Despite a cult following and intense brand loyalty, Tesla has been unable to wring any profits out of the half a million cars it now sells annually. To be clear, Tesla did report a profit for 2020, under generally accepted accounting principles (GAAP), marking the company's first full year of profitability. But that profit did not come from the core business of manufacturing cars. Tesla booked a whopping $1.58 billion of revenue from selling regulatory credits last year, more than the previous three years combined. Tesla's net income of $721 million in 2020 turns into a substantial loss if those regulatory credit sales are backed out. Here's an example from the dot-com bubble. Cisco Systems stock hit an all-time high around $80 in early 2000. The networking hardware company was valued at nearly $550 billion at its peak. Today, Cisco is the dominant provider of enterprise networking hardware. The company's share of the enterprise switch market hovers around 50% despite no shortage of low-cost competition. Cisco's revenue has soared from about $19 billion in 2000 to nearly $50 billion today. Net income has shot up from $2.7 billion to over $11 billion. Cisco the company has been an unquestionable success story. Cisco the stock, on the other hand, has been an unmitigated disaster. If you bought Cisco stock at its peak, you're down over 40% more than 20 years later. The company is worth around $200 billion today. You were right about the company, but very wrong about the stock. Tesla the company doing well in the long run does not in any way guarantee that Tesla the stock does well. You can be right about Tesla becoming a top automaker and still lose your shirt investing in the stock. Even if Tesla does wean itself off regulatory credits and starts manufacturing millions of cars annually at a profit, the valuation is so deep into the stratosphere that it may not even matter. https://www.nasdaq.com/articles/teslas-profits-are-not-from-selling-cars-2021-01-30 Tesla's dirty little secret: Its net profit doesn't come from selling cars https://www.cnn.com/2021/01/31/investing/tesla-profitability/index.html Now back to ancient Jalopy's i do enjoy them and nostalgia of the past...opps. Edited April 2, 2021 by Eyes Wide Open 1 Quote Share this post Link to post Share on other sites
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