Sure! Just correcting you when you said the high prices in Germany were "due to prevalence of renewables", which they aren't. I spent a while looking into this one. The anti-renewable FUDsters really like to blame residential electricity prices in Germany on renewables (which is probably where you got that impression, there's a *lot* of propaganda out there), and it looks like it's not really true.
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Price per kWh is irrelevant in Korea. It costs $150 to get a tank of premium fuel and there is a yearly tax based on engine capacity.
You need to say the word. Layoffs. And location consolidation. You can easily house Solar sales people in Tesla sales/service center locations. Synergies of HQ and sales forces is necessary to contain costs at SCTY. Tesla has a bunch of young energetic 12-15 hour a day workers who like working for "a name" and would probably handle both DS activities and answer questions on solar products simultaneously. Productivity goes up. Labor is expensive.
1100 won to the dollar.
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Depends on how much you use. So if you use 300 kWh/month, it would be 25 cents each. Over 500, 64 cents. So, YMMV, and I suspect the bigger issue will be whether or not the utility regulations favor rates that reduce dependency on oil through TOU or separate metering.
Out of curiosity, how long after AP 1.0 hardware was in the cars did people find out? And how much detail on future capability of it was actually known before software upgrade? Was it officially announced way before the actual software was released which I believe I was almost a year later?
I haven't been around Tesla circuits at the time so missed out on all the funGetting my first S delivered next week!
People noticed AP hardware immediately, because of camera and extra ultrasound sensors.
I can recall reports of the new, unknown, hardware showing up on deliveries that occurred shortly after a ~2 week shutdown at the factory. The shutdown was planned, took a little longer than expected, and was supposed just to retool and accelerate production rate. As word was getting out about the new hardware, there was lots discussion/guesses; but the focus was shortly overtaken by the upcoming release of the "D".Out of curiosity, how long after AP 1.0 hardware was in the cars did people find out? And how much detail on future capability of it was actually known before software upgrade? Was it officially announced way before the actual software was released which I believe I was almost a year later?
I haven't been around Tesla circuits at the time so missed out on all the fun
It is never irrelevant. If electricity is .50/kWh USD - then refueling an 90 kWh with 100+ kWh (charging losses) from the grid is $50 USD. It is a factor. Depending on the driving needs of the guy in the Mercedes S @ $8.00 - are they factoring in whether the costs are eaten by their employer and is it a leased vehicle like we have in the USA? Are employers in S. Korea going to go "gung ho" (sorry, wrong country) and get employees into EVs? Are they doing it now and is there already market growth visibility?
I want to see how Korea does with the likes of the Soul EV and the take-rate among private buyers. Japan has a ton of CHAdeMO chargers out there but what is the Tesla current sales rates in Japan? Nissan has sold a lot of consumer level Nissan Leafs there. What will the Leaf 2.0 look like price-wise in Japan versus an imported Model 3? Lots of questions...
They do have this going for them:
Seoul, South Korea Offers Up To $24,825 In Electric Car Incentives
EV Sales: South Korea
Looks like Tesla could sell 100+ S + X per month there in S. Korea. Maybe they have already shipped initial lots of cars to the country?
Merger vote failures indicate a lack of stockholder support for management, which usually leads to short-term stock drops (unless it means that management will be replaced by better management). So normally you would not buy stock in order to vote against management, unless there was a competing management team in the wings -- an actual proxy fight. Haven't seen one of those in decades. And I think given Elon Musk, that's pretty much impossible with Tesla or SolarCity.
There's actually a herding issue when it comes to voting stock. Suppose you're a stockholder who's opposed to the merger. If you think you have decent chances of voting the merger down, you might keep your stock and vote it. But if it looks like everyone else is going to vote for the merger, you will pre-emptively get out of the stock; no point in making a "protest vote".
There's a general presumption that most stockholders will vote for management, and more so in a stock where the CEO, Musk, has a bit of an aura around him.
IIRC, we already have a gung-ho positive statement in favor of the merger from the manager of the mutual fund with the second-largest holdings (Fidelity OTC Portfolio), and cautiously positive statements by multiple other large holders. A bunch of them already own SCTY stock.
Now suppose you're a big holder who opposes the merger. Do you really think it'll be voted down? I think you conclude that the merger will pass with or without you, so you sell the stock. (A bunch of TSLA was sold immediately on the initial announcement of the merger.)
Because of this herding behavior, you don't usually get close votes on mergers. Usually they're massively in favor of management. Occasionally they're massively against management (if you are a supporter of the merger but you figure out that it will probably fail, then *you* sell the stock).
The SEC or other regulators could reject the merger, of course.
There's actually a herding issue when it comes to voting stock. Suppose you're a stockholder who's opposed to the merger. If you think you have decent chances of voting the merger down, you might keep your stock and vote it. But if it looks like everyone else is going to vote for the merger, you will pre-emptively get out of the stock; no point in making a "protest vote".
There's a general presumption that most stockholders will vote for management, and more so in a stock where the CEO, Musk, has a bit of an aura around him.
IIRC, we already have a gung-ho positive statement in favor of the merger from the manager of the mutual fund with the second-largest holdings (Fidelity OTC Portfolio), and cautiously positive statements by multiple other large holders. A bunch of them already own SCTY stock.
Now suppose you're a big holder who opposes the merger. Do you really think it'll be voted down? I think you conclude that the merger will pass with or without you, so you sell the stock. (A bunch of TSLA was sold immediately on the initial announcement of the merger.)
Because of this herding behavior, you don't usually get close votes on mergers. Usually they're massively in favor of management. Occasionally they're massively against management (if you are a supporter of the merger but you figure out that it will probably fail, then *you* sell the stock).
The SEC or other regulators could reject the merger, of course.
if the harnesses are in place, and hardware, would not a dataset be being collected on this iteration, perhaps as a separate dataset? V1 vs V2 in observer mode
The link I gave above indicated a pretty healthy EV subsidy there. I think the prevalence will be small EVs which can get the most incentive for the cost of the vehicle (ie. Soul EV, whatever) and then they somehow implement workplace-located charging (workplaces get additional subsidies) rather than home charging at this larger price. .64/kWh is what you would end up paying if you were self-charging at home daily to keep an EV filled for commuting purposes on a daily basis. And with this scenario, car-pooling is highly desirable (not only for gas cost savings and sharing the costs among friends/co-workers) but the same may be found with EVs. The best solution would be an employer sponsored charging station, car-pooling incentives and the purchase incentives for the car-owner. Hmm - how scalable is such an incentive policy - into the tens of thousands? Millions? Do they have enough fiscal budget to scale it?
Yeah there's a big push towards EV's in Korea. Since the country has no oil and lots of air pollution there is a big push away from oil. All the buses and taxis run on CNG as well as a lot of private cars. Hyundai just released an all electric vehicle the IONIQ in Korea (100 mile range for 40k).
Even at .50/kw that's 3 times cheaper than filling a car with gas in Korea. Korea is a much different market from Japan. Japan doesn't buy large cars while Korea does.
Last month there were 466 Mercedes S-Classes sold in all of Germany. Last month there were over 1300 S-Classes sold in Korea. Tesla could easily sell 500+ Model S/X per month in Korea.
I think that's the sound of people giving up that this could be a break out day.
MitchJi
Trying to learn kindness, patience & forgiveness
It's a different market from the states. No one is commuting long distances in Korea. Nobody car pools in the country and most employers don't have parking for workers. There is a large enough budget for EV incentives since the gasoline tax is $5 out of the $8/gallon.
BaileyDog12
Member
What was up with that interviewer's reaction to his answers? She looked pained and confused.
Sparky
Member
I agree with you that AP2 is a demand lever that Tesla may need to pull next year but also with Kruggerand that AP2 shouldn't come quickly. Musk says at least a billion miles to get to "non-beta" AP. That's about six months away. But I suspect Tesla will also want that billion miles with the new HW+SW running in the background before they allow the Level 3-4 activation. I can't see non-beta AP before May 2017 and then another year at least before full level 4 AP. It just takes that long to collect the necessary data.
They've been stumbling in China. Fixing those issues would be a straightforward demand lever for next year IMO.
My MS uses about 8k+ kWh a year, and my total electric bill is north of 25k. If electricity were anywhere above even $0.30/kWh, I would absolutely either sell the MS or install enough solar to satisfy all my electric needs.
mmd
Active Member
Since you are knowledgeable about S. Korea: How many car buyers live in apartments vs. homes? That could influence, how many can afford home charging for their electric cars. My guess is, the case is similar to Hong Kong's. So, Tesla will first need to install a few super chargers so people can charge somewhere.
Also, any free link for the S. Korean auto sales data?
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