You're the one creating a fictional number of 50k. It's not 50k. It's 100k. Uber may rent some but they aren't on contract to take any of them. Their drivers will just have access if they want them. They added 100k to a fleet of 240k. That's the numbers.
It isn't spin, it's using the right fleet numbers. It's forward thinking and EV more than anything tesla related. I'd rent a mustang or a Icon or any of the others
Oh no, he might have to only build a 100m yacht vs a 120m Also stupid how he's all of a sudden moving to Texas blaming CA yet the entire infrastructure/talent/business environment completely supported his ability to grow his company into a trillion dollars. Every billionaire needs their head on a stick
Pehaps. 5+ years ago he seemed like an awkward nerd who wanted to do some good in the world and make a bunch of money in the process. Maybe he was always this but like, obscene wealth changes the brain.
The EV infrastructure looks ok right now, but adding 100-200k EV's just to Hertz is going to strain the entire infrastructure. Right now there's typically 4/8 stalls full when I've stopped to charge at a supercharger. I have only stopped in smaller cities (Vero Beach and Daytona). I drove by one in a Walmart parking lot in Fort Lauderdale to see if it was busy and every single stall was taken. I imagine it gets a lot worse adding that many as well as many people finally adopting EV's. The other thing is the power. In Florida FPL is going to have to install expensive transformers everywhere to support this and I'm more worried about the grid holding us back than peoples acceptance of EV's now.
The cars tell you how to get to the closest EV charger and/or one on your route to wherever you're going. It's not hard to find once you're in the car.
This makes me think of something else. All rental companies (vehicles or other) focus on occupancy. They aren't going to have a bunch of fast chargers at an airport. They couldn't support that. They'll likely have 100+ 60/80A level 2 chargers. Those can take up to 8 hours to get it from empty to full charge. That's going to hurt their utilization rate big time and also cause issues of where to put all the cars. Most are designed to have 90+% of their vehicles on the road all the time. They don't have the parking to handle 70% utilization (which is why rates will drop by a lot randomly, it's cheaper to rent it then to fuck with moving the cars and paying for parking). What are they going to do when they have 8% of their cars charging at all times? Every 1% of underutilization ~$28/car x month 8% less utiliization because they couldn't get them charged before they close at $28/car = $224/month they'd be losing out on now because they have EV's. 100,000 * $224/car.month = 22.4m they'd be spending per month over having a gas equivalent (assuming EV's cause them to have 8 % lower utilization. It's 2.8m per 1% change. They're also missing out on other revenue streams like prepaid fuel. I'm guessing they'll make that up by charging a fee to charge and they hope that will make up the difference for the utilization and lost revenue?
Most new retail development is incorporating EV chargers into their master site plan. Within reason - larger markets, on the highway, etc. I’m putting in both ChargePoint units and Tesla units. It adds to the business. Captive audience. Some new C-stores will also be putting them in from what I’ve been told. Still have gas/diesel but also have chargers. Think of a Buccee’s that you charge, go in and eat, pick up road trip items, etc.
Isn’t this more of a supply/demand conversation? If only half of the charging stalls are being utilized, where is the incentive to increase the supply? As demand increases, which it will with or without Hertz, the supply will also increase.
I'm guessing you're in construction/project management? How did you decide on ChargePoint for your non-Tesla charger?
I know in California they have long lines but here in North Carolina I've never seen a supercharger station full. Other than the one in Raleigh that I see I don't know if I've ever seen one even half full. I'm sure it is very region specific on that front. Also, they might be full of shit or fall short but they announced they are planning on tripling the supercharger network within the next 2 years. https://electrek.co/2021/10/21/tesla-plans-triple-supercharger-network/
Yes this is true, but you need the infrastructure to lead. I'm guessing that's why Tesla developed such an extensive network before they were able to build large batches of cars. It's not super difficult to add chargers, but when you talk about adding the infrastructure to support it, it gets very expensive. A typical house uses 25kWh/day. A Tesla can hold 4x that. So imagine how much power is being pulled when you have 8 Teslas charging at one time. Say it takes an hour to charge each car, that means that in 1 hour, that little parking lot just pulled as much power as 32 houses do in a full day. Now multiply that by let's say 16 hours/day cars would be charging and you get 512 houses worth of energy being pulled out of this little 8 parking stall area each day. The system may be ready to supply 512 more houses each day, but now double or quadruple the number of chargers and the system can't handle that. Pricing from 2011:
Most residential transformers serve 10-50kVA of load. The 240V (level 2) charger I have at my house consumes ~7kVa. For now there's only one other family on my street that has an EV (they have two). But in the future, this is going to cause huge issues on my street unless FPL upgrades the system. In our neighborhood(probably in most, but I have no idea), the power lines run between the backyards of houses. The houses across the street had a power outage (only their side of the street and the houses that back to them) and now I'm wondering if it is because two more people got Teslas on the street North of mine, but on the south side (along with the 2 EV's that are on my street, but across it) and it messed with the system. Spoiler: Pic to hopefully explain wtf I mean with houses on street losing power
I doubt it. I'm pretty sure he grew up rich. Didn't his dad own a diamond mine? Those aren't good people
One article I read said Hertz is going to install hertz specific super chargers in some number of cities. So they will help build out that infrastructure a little
Land development. I shopped several products and ChargePoint seemed to meet the most criteria. Good App, well known, good vendor list for install/repairs, etc. Went with the least complicated path.
TSLA is a very publicity-elastic stock and there’s likely going to be good pub coming down the pipe with two state of the art custom factories coming online in two highly developed countries
EV incentives seem to be surviving the culling of the Dems bill https://electrek.co/2021/10/28/1250...es-bidens-updated-build-back-better-proposal/
The grid will be what holds all this up. Fucking thing is already strained and it takes 5ish years to get more transmission lines assuming no lawsuits from NIMBY’s.
Because giving rich people tax credits for luxury cars when that money could be used for other stuff is incredibly stupid
The rich people are going to buy an expensive car one way or another. Giving them the tax credit gives incentive to buy an EV.
We listed all the main changes to the program when it was first announced earlier this year: Remove the 200,000 vehicles per manufacturer cap Keep the $7,500 incentive for new electric cars for 5 years Make the $7,500 incentive a point-of-sale discount instead of tax credit EVs with battery pack smaller than 40 kWh are limited to a $4,000 incentive Add an additional $4,500 for EV assembled at union factories Add another $500 for EVs using battery packs with 50% of components (including cells) are made in the US After the first 5 years, the $7,500 becomes only for US-made electric vehicles and it applies for another 5 years. They introduce price limits on the EVs eligible for the incentives: Sedans under $55,000 SUVs under $69,000 Pickup trucks under $74,000 Vans under $54,000 They are also introducing caps on income to get access to the incentives, but they are fairly high at an adjusted gross income of up to $400,000 for individuals and up to $800,000 for joint filers.
We’re going to have to start defining “rich” based on these vehicle price caps. Don’t look up the average full size truck price in the US right now.
There's enough money for both, tbqh. I don't totally disagree, but the avg price of a new car in the US is like 40k which would essentially put a lot of new EVs on the same playing field of legacy cars. I don't see that as a bad thing, especially with these price limits by sector. No rich person is getting a discount on Model S. Sedans under $55,000 SUVs under $69,000 Pickup trucks under $74,000 Vans under $54,000
I think without these caps by vehicle, GK would have a better point. No cap and giving someone 12k for a 100k model S would be really dumb
It's expensive and takes up a lot of space and needs to be in a secure location. I was working with FLL Airport and FPL a couple years ago trying to get them prepared and it was going to be expensive up front for FPL, but they'd pass that on to FLL. They'd also need a large space for it. It's also a security threat with that much power really close to an airport.
I'd rather give it to "rich" people vs. the ultra-wealthy. I'm sure a bunch of these incentives get passed on to the consumers.
If you have a pro-competition view of taxes and incentives that’s fine by me so long as you apply it equally to everything from environmental to public goods to vices like tobacco and alcohol.
I can picture Gallant Knight 's great-great grandpa in the early 20th century smugly riding his horse around town making fun of all the people driving Model T's. "Lol where are you going to get fuel for that thing? My horse can eat grass anywhere in the country! You think there's going to be a gas station on every corner? I'm headed downtown to place my ticket order to short Ford stock just like my great-great-great grandpappy did with The Dutch East India Company. Later losers."
If you want to read a book about pretty much that read The Magnificent Ambersons. It won a Pulitzer. One of my favorites