Electric cars.

[Northern_Brewer]

The unsold inventory of Elon Musk's Tesla is so large, it is now visible from space:

Using satellite imagery, sources like Sherwood News discovered Tesla’s Texas Gigafactory lots went from partially filled in late 2023 to overflowing by March 2024.

In any case, this is an old story - Tesla had a specific problem with inventory at the beginning of this year that was resolved pretty quickly, which is all recorded in their quarterly report to investors :
https://digitalassets.tesla.com/tesla-contents/image/upload/IR/TSLA-Q3-2024-Update.pdf#page=6

 

[Brew_DD2]

To be fair that's a pretty standard disclaimer to avoid falling under the tight rules on investment advice. They may be purveyors of tittle-tattle, but the disclaimer isn't proof of it.

Then perhaps it shouldn't be presented as such when it's reproduced.

 

[Chippy_Tea]

It would be really helpful if you would quote your sources so we can see whether they are worth the paper they're written on, so to speak. It's also not really the done thing copying entire articles without crediting the creator.

I remember asking several member to do that back in the covid days and was slated usually with the words "If you want to fact check do the research yourself" i haven't got time to fact check every post like that on Facebook that i think members would like to read feel free to do your own research if you dispute the facts posted in them.

 

[Brew_DD2]

I remember asking member to do that and was slated usually with the words "If you want to fact check do the research yourself" i haven't got time to fact check every post like that on Facebook feel free to do your own research if you dispute the facts posted.

I don't take issue with having to Google or do research. I take issue with whole articles being lifted and the source not being cited. It's disingenuous at best, and dishonest at worst.

 

[Chippy_Tea]

I don't take issue with having to Google or do research. I take issue with whole articles being lifted and the source not being cited. It's disingenuous at best, and dishonest at worst.

There was no link in the original post i wont lose sleep over whether you think that makes copying it here disingenuous or dishonest!

 

[Brew_DD2]

I remember asking several member to do that back in the covid days and was slated usually with the words "If you want to fact check do the research yourself" i haven't got time to fact check every post like that on Facebook that i think members would like to read feel free to do your own research if you dispute the facts posted in them.

Just re-read this. Why on earth would you share things if you've not checked their veracity yourself? You've got time to copy, paste and format these posts, but not to do a quick check whether it's complete nonsense or not?

 

[Chippy_Tea]

Why on earth would you share things if you've not checked their veracity yourself?

I thought i had already explained this and i am not going to change my mind however much you tell me you do not agree, if you don't believe facts in an article prove them wrong.

Can we now get back to discussing the topic and not go round again, thanks.

I remember asking several member to do that back in the covid days and was slated usually with the words "If you want to fact check do the research yourself" i haven't got time to fact check every post like that on Facebook that i think members would like to read feel free to do your own research if you dispute the facts posted in them.

 

[Brew_DD2]

I thought i had already explained this and i am not going to change my mind however much you tell me you do not agree, if you don't believe facts in an article prove them wrong.

Can we now get back to discussing the topic and not go round again, thanks.

Burden of proof is very much on the person making the claims.

As the late, great Christopher Hitchens said, "What can be asserted without evidence can also be dismissed without evidence."

So with that in mind. The post that you copied and pasted is drivel.

 

[Chippy_Tea]

Burden of proof is very much on the person making the claims.

I didn't post the article i reposted it i made no claims i let member make up their own minds

So with that in mind. The post that you copied and pasted is drivel.

And that's how i view most of your posts here

 

[Chippy_Tea]

Can we now get back to discussing the topic and not go round again, thanks.

^ ^ ^ THIS ^ ^ ^

 

[JockyBrewer]

The biggest grid storage project using old batteries is online in Texas​

Element has been operating what appears to be the largest grid storage plant in the world composed of previously used electric vehicle batteries, co-founder and CEO Tony Stratakos told Canary Media last week. The 53 megawatt-hour project, which is located in West Texas at a wind farm owned by mega-developer Nextera Energy Resources, came online in May, but the startup is going public with the information now for the first time.

Read more here:
https://www.canarymedia.com/article...roject-using-old-batteries-is-online-in-texas


They’re using technology that makes use of old EV batteries and bypasses dodgy cells without needing to scrap the whole battery pack.

Very interesting and shows that EV batteries have a life long beyond the car they’re in.

 

[JockyBrewer]

Shell Is Closing 1,000 Gas Stations To Focus On EV Charging​

In its Energy Transition Strategy 2024 report, Shell announced that it was planning to divest 1,000 of its retail gas stations (including joint ventures) between 2024 and 2025. The company said this move was aimed at reallocating those resources towards EV charging stations “in response to customer needs.”

https://insideevs.com/news/713296/shell-closes-1000-gas-stations-to-focus-on-ev-charging/

This is only 4% of their petrol stations, but it’s showing the transition is going to happen.

 

[Chippy_Tea]

In its Energy Transition Strategy 2024 report, Shell announced that it was planning to divest 1,000 of its retail gas stations (including joint ventures) between 2024 and 2025. The company said this move was aimed at reallocating those resources towards EV charging stations “in response to customer needs.”

How is that going to work most stations round here only have room for 10 cars even if they all had fast charging these places would be tied up for many minutes they would have to charge a fortune to make a profit.

 

[JockyBrewer]

How is that going to work most stations round here only have room for 10 cars even if they all had fast charging these places would be tied up for many minutes they would have to charge a fortune to make a profit.

My guess is it’ll be a combination of things:
1. Put more outlets in than there were pumps.
2. Have super fast chargers that they can put a premium on.
3. Monetise the captive audience with shops, cafes and maybe other services (car washing, massages, manicures, dentistry).

I don’t know how profitable a petrol station is at the moment, although my gut feeling is that it’s not great given how few independent petrol stations there are. The value is in it for the oil companies as a direct to consumer outlet for their product. So maybe they can make money as their margins are much bigger on the product.

It’s notable that the few stations they’ve already converted are in city areas, where we know that home charging is problematic for many residents.

In any case, it shows which way the wind is blowing, and Shell knows it too.

 

[Chippy_Tea]

1. Put more outlets in than there were pumps.
2. Have super fast chargers that they can put a premium on.
3. Monetise the captive audience with shops, cafes and maybe other services (car washing, massages, manicures, dentistry)

That sounds great but they haven't got the room and charging takes too long, people charge at home for a reason the only way they will use these places is if the price is low or they have no option, there is only 30 percent of houses with no drive they still won't be able to make enough money to make a decent profit