Funny you mention a steel ladder in the garage. Because my garage is pretty tight with all the kid stuff... but I know when to stop pulling forward (and still have the kids be able to get in and out without damaging the good car) by going forward until I hit our steel ladder. That’s right - I purposefully tap it every…

You clearly are a completely unhinged individual. Detroit was done in by massive productivity improvements in the one industry the entire metro area was overly dependent upon and, realistically, two corrupt administrations (one of which was responsible for the majority Detroit’s debt problems)

There are numerous cases…

Exactly. It wasn’t “the democrat political machine”. It was two (well, really one more than anything) corrupt mayors, combined with a city that was based entirely upon the existence of many manual labor jobs in one specific industry. When that industry automated and became much more productive, the employment…

Any reflection coming from the backside is unlikely to have any influence - the material on the back of the panel is pretty opaque.

As for location, everything else being equal, your annual production is best closer to the equator - a few hundred miles can make some difference, but it won’t be earth shattering. Some…

They didn’t. And tooling is not counted as an operating expense - it comes from the capital budget, so you only charge its costs against earnings as its useful life is depleted. They could have spent $10 billion on tooling for the Model X, and none of it would have counted against this quarter’s earnings, only against…

Yeah, that’s sort of the general conclusion - north is worse (which should be no shocker). The big variable here is that snowcover issue. Houghton, with its snow, would be difficult to keep clear. On the other hand, if you can keep the snow clear and prevent shadows from hitting the panels, snow can be good - it…

The funny thing with weather and sunny days relative to solar is that the effect can vary based on timing of the sun and orientation of your array. For instance, for the past two days, my system was producing beautifully until clouds rolled in late in the day. For systems facing east, they got good production. Some…

Sort of like this:

Yeah, I didn’t mean to imply that politics in Detroit were any better - they’ve been downright awful for years. But realistically, the state controls Detroit now, and the state is controlled by moneyed interests largely in the Grand Rapids area. :)

It is interesting how, just like in Ohio, getting a “pro-business”…

“This will be Tesla’s first manufacturing operation in Detroit.”

Grand Rapids is not Detroit. It is, however, one of the major sources of the money that controls the GOP political machine in Michigan, and that machine now controls Detroit....

TL;DR

Tesla lost 154 million dollars last quarter. They sold/leased just over 10,000 cars. That’s a $15,000+ loss per car. PERIOD. You also clearly don’t understand the first thing about how leases are treated under GAAP.

I agree net metering makes the battery useless. But where do you live? 22 cents is extreme for anywhere in the country - most places are far less, and only for a few months of the year. Los Angeles, for example, has a spread of less than 1.5 cents most of the year, and about 11.5 cents the other 4 months of the year.

Fo…

Every other manufacturer reports leases the proper way - you book the revenue as you go, since that is when you receive it. You also book the expenses as you go. Booking the revenue upfront and the expenses later, even though the revenue isn’t coming until later is absurd accounting, and that is why it is banned under…

BTW, while Tesla claims that response has “been off the hook” and they’re “basically sold out through the first half of next year”, they are talking about reservations, not sales. Reservations are nonbinding and have no deposit. Heck, I might reserve one now just in case of the apocalypse - nevermind the ugly…

Hmmm... I wonder... if the gov’t mandated that all trucks be equipped like this (and therefore be equipped as a work truck, not a fashion statement), would we get more brown station wagons ? :)

Even for businesses, it makes little financial sense.

No - the complaint is two fold. Tesla focuses on non-GAAP measures when discussing performance. They pay little attention to GAAP measures. The press then writes the headlines as Tesla is urging them to.

And fan bois lap it up.

1) I’m not giving those other companies scrutiny because no one pays attention to the non-GAAP numbers like they do with Tesla, who proudly trumpets voodoo accounting and then shoves the real numbers into the shadows.

But yet we don’t report those companies’ non-GAAP numbers in the headlines.

And the reason they chose this is because the batteries are horribly uncompetitive on cost and don’t really store much. I have a moderate sized solar system with a poor orientation, and it it would max out the 7kW battery in under an hour at peak production (also happens to be during peak rate hours). Most of the…