Home
What's new
Latest activity
Authors
Store
Latest reviews
Search products
Forums
New posts
Search forums
What's new
New posts
New listings
New products
New profile posts
Latest activity
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
Cart
Cart
Loading…
What's new
Search
Search
Search titles only
By:
New posts
Search forums
Search titles only
By:
Menu
Log in
Register
Navigation
Install the app
Install
More options
Change style
Contact us
Close Menu
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Ford shares shitting the bed on earnings miss...
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Message
<blockquote data-quote="VRYALT3R3D" data-source="post: 16367862" data-attributes="member: 131770"><p>Tesla has an overvalued stock that only has it is valuation because it is treated like a tech stock versus what it truly is, a fledgling automaker that existed for well over a decade and has yet to make a GAAP profit.</p><p></p><p>Thankfully Tesla has True Believers™ like you that they know can eat out of Elon's hands. Contrary to popular belief, SAE level 5 automation of cars wont be coming for decades. The US doesn't even have the infrastructure for vehicle-to-vehicle communication, much less SAE level 5 automation. So, enjoy using your glorified automated radar cruise control that is beta tested by the customers instead of engineers. Scary. Tesla's battery packs aren't superior to their cometition either. Under frigid temps, a Tesla loses 40% of it is range. Want to use heated seats or, hell, the heater? The range goes down dramatically.</p><p></p><p></p><p>According to a report from the Manhattan Institute by Mark P. Mills, entitled <em>“The New Energy Economy: An Exercise in Magical Thinking”</em> those realities are sobering. In fact, they’re downright ugly. Here are just a few:</p><p></p><p>· Hydrocarbons supply over 80% of world energy: If all that were in the form of oil, the barrels would line up from Washington, D.C., to Los Angeles, and that entire line would grow by the height of the Washington Monument every week.</p><p></p><p>· A 100x growth in the number of electric vehicles to 400 million on the roads by 2040 would displace 5% of global oil demand.</p><p></p><p>· Renewable energy would have to expand 90-fold to replace global hydrocarbons in two decades. It took a half-century for global petroleum production to expand “only” 10-fold.</p><p></p><p>· Replacing U.S. hydrocarbon-based electric generation over the next 30 years would require a construction program building out the grid at a rate 14-fold greater than any time in history.</p><p></p><p>· Efficiency increases energy demand: since 1995, energy used per byte is down about 10,000-fold, but global data traffic rose about a million-fold; global electricity used for computing soared.</p><p></p><p>· Since 1995, total world energy use rose by 50%, an amount equal to adding two entire United States’ worth of demand.</p><p></p><p>· For security and reliability, an average of two months of national demand for hydrocarbons are in storage at any time. Today, barely two<em> <em>hours</em></em> of national electricity demand can be stored in all utility-scale batteries plus all batteries in one million electric cars in America.</p><p></p><p>· Batteries produced annually by the Tesla Gigafactory (the world’s biggest battery factory) can store three<em> minutes</em> worth of annual U.S. electric demand. And, to make enough batteries to store two-day’s worth of U.S. electricity demand would require 1,000 years of production by the Gigafactory.</p><p></p><p>· Every $1 billion spent on data centers leads to $7 billion in electricity consumed over two decades. Global spending on data centers is more than $100 billion a year—and rising.</p><p></p><p>· Over a 30-year period, $1 million worth of utility-scale solar or wind produces 40 million and 55 million kWh respectively. $1 million worth of shale well produces enough natural gas to generate 300 million kWh over 30 years.</p><p></p><p>· It costs less than $0.50 to store a barrel of oil, or its equivalent in natural gas, but it costs $200 to store the equivalent energy of a barrel of oil in batteries.</p><p></p><p>· Over 90% of America’s electricity, and 99% of the power used in transportation, comes from sources that can easily supply energy to the economy any time the market demands it.</p><p></p><p>· Politicians and pundits like to invoke “moonshot” language. But transforming the energy economy is not like putting a few people on the moon a few times. It is like putting all of humanity on the moon—permanently.</p><p></p><p>· The common cliché: an energy tech disruption will echo the digital tech disruption. But <em>information</em>-producing machines and <em>energy</em>-producing machines involve profoundly different physics; the cliché is sillier than comparing apples to bowling balls.</p><p></p><p>· If solar power scaled like computer-tech, a single postage-stamp-size solar array would power the Empire State Building. That only happens in comic books.</p><p></p><p>· If batteries scaled like digital tech, a battery the size of a book, costing three cents, could power a jetliner to Asia. That only happens in comic books.</p><p></p><p>· If combustion engines scaled like computers, a car engine would shrink to the size of an ant and produce a thousand-fold more horsepower; actual ant-sized engines produce 100,000 times less power.</p><p></p><p>· About 60 pounds of batteries are needed to store the energy equivalent of one pound of hydrocarbons. At least 100 pounds of materials are mined, moved and processed for every pound of battery fabricated.</p><p></p><p>· Storing the energy equivalent of one barrel of oil, which weighs 300 pounds, requires 20,000 pounds of Tesla batteries ($200,000 worth).</p><p></p><p>· Carrying the energy equivalent of the aviation fuel used by an aircraft flying to Asia would require $60 million worth of Tesla-type batteries weighing five times more than that aircraft.</p><p></p><p>· It takes the energy-equivalent of 100 barrels of oil to fabricate a quantity of batteries that can store the energy equivalent of a single barrel of oil.</p><p></p><p>· A battery-centric grid and car world means mining gigatons more of the earth to access lithium, copper, nickel, graphite, rare earths, cobalt, etc.—and using millions of tons of oil and coal both in mining and to fabricate metals and concrete. And in case you’re wondering, China dominates global battery production with its grid 70% coal-fueled. EVs using Chinese batteries will create <em>more</em> carbon-dioxide than saved by replacing oil-burning engines.</p></blockquote><p></p>
[QUOTE="VRYALT3R3D, post: 16367862, member: 131770"] Tesla has an overvalued stock that only has it is valuation because it is treated like a tech stock versus what it truly is, a fledgling automaker that existed for well over a decade and has yet to make a GAAP profit. Thankfully Tesla has True Believers™ like you that they know can eat out of Elon's hands. Contrary to popular belief, SAE level 5 automation of cars wont be coming for decades. The US doesn't even have the infrastructure for vehicle-to-vehicle communication, much less SAE level 5 automation. So, enjoy using your glorified automated radar cruise control that is beta tested by the customers instead of engineers. Scary. Tesla's battery packs aren't superior to their cometition either. Under frigid temps, a Tesla loses 40% of it is range. Want to use heated seats or, hell, the heater? The range goes down dramatically. According to a report from the Manhattan Institute by Mark P. Mills, entitled [i]“The New Energy Economy: An Exercise in Magical Thinking”[/i] those realities are sobering. In fact, they’re downright ugly. Here are just a few: · Hydrocarbons supply over 80% of world energy: If all that were in the form of oil, the barrels would line up from Washington, D.C., to Los Angeles, and that entire line would grow by the height of the Washington Monument every week. · A 100x growth in the number of electric vehicles to 400 million on the roads by 2040 would displace 5% of global oil demand. · Renewable energy would have to expand 90-fold to replace global hydrocarbons in two decades. It took a half-century for global petroleum production to expand “only” 10-fold. · Replacing U.S. hydrocarbon-based electric generation over the next 30 years would require a construction program building out the grid at a rate 14-fold greater than any time in history. · Efficiency increases energy demand: since 1995, energy used per byte is down about 10,000-fold, but global data traffic rose about a million-fold; global electricity used for computing soared. · Since 1995, total world energy use rose by 50%, an amount equal to adding two entire United States’ worth of demand. · For security and reliability, an average of two months of national demand for hydrocarbons are in storage at any time. Today, barely two[i] [i]hours[/i][/i] of national electricity demand can be stored in all utility-scale batteries plus all batteries in one million electric cars in America. · Batteries produced annually by the Tesla Gigafactory (the world’s biggest battery factory) can store three[i] minutes[/i] worth of annual U.S. electric demand. And, to make enough batteries to store two-day’s worth of U.S. electricity demand would require 1,000 years of production by the Gigafactory. · Every $1 billion spent on data centers leads to $7 billion in electricity consumed over two decades. Global spending on data centers is more than $100 billion a year—and rising. · Over a 30-year period, $1 million worth of utility-scale solar or wind produces 40 million and 55 million kWh respectively. $1 million worth of shale well produces enough natural gas to generate 300 million kWh over 30 years. · It costs less than $0.50 to store a barrel of oil, or its equivalent in natural gas, but it costs $200 to store the equivalent energy of a barrel of oil in batteries. · Over 90% of America’s electricity, and 99% of the power used in transportation, comes from sources that can easily supply energy to the economy any time the market demands it. · Politicians and pundits like to invoke “moonshot” language. But transforming the energy economy is not like putting a few people on the moon a few times. It is like putting all of humanity on the moon—permanently. · The common cliché: an energy tech disruption will echo the digital tech disruption. But [i]information[/i]-producing machines and [i]energy[/i]-producing machines involve profoundly different physics; the cliché is sillier than comparing apples to bowling balls. · If solar power scaled like computer-tech, a single postage-stamp-size solar array would power the Empire State Building. That only happens in comic books. · If batteries scaled like digital tech, a battery the size of a book, costing three cents, could power a jetliner to Asia. That only happens in comic books. · If combustion engines scaled like computers, a car engine would shrink to the size of an ant and produce a thousand-fold more horsepower; actual ant-sized engines produce 100,000 times less power. · About 60 pounds of batteries are needed to store the energy equivalent of one pound of hydrocarbons. At least 100 pounds of materials are mined, moved and processed for every pound of battery fabricated. · Storing the energy equivalent of one barrel of oil, which weighs 300 pounds, requires 20,000 pounds of Tesla batteries ($200,000 worth). · Carrying the energy equivalent of the aviation fuel used by an aircraft flying to Asia would require $60 million worth of Tesla-type batteries weighing five times more than that aircraft. · It takes the energy-equivalent of 100 barrels of oil to fabricate a quantity of batteries that can store the energy equivalent of a single barrel of oil. · A battery-centric grid and car world means mining gigatons more of the earth to access lithium, copper, nickel, graphite, rare earths, cobalt, etc.—and using millions of tons of oil and coal both in mining and to fabricate metals and concrete. And in case you’re wondering, China dominates global battery production with its grid 70% coal-fueled. EVs using Chinese batteries will create [i]more[/i] carbon-dioxide than saved by replacing oil-burning engines. [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
SVTPerformance's Chain of Restaurants
Road Side Pub
Ford shares shitting the bed on earnings miss...
Top