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Trump’s sweep could be a big setback to Tesla and Elon Musk

washingtonpost.com

1–10 of 122 posts

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#2
It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations.

What would be really sad is if this policy change causes bankruptcies in renewable energy companies... it would take a while to rebuild that, even if the policies are restored later on.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#3

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

Natural gas would have to be really cheap in order to beat spot prices for solar on sunny days, especially in the southwest. It's still good for peaker plants though. Coal, on the other hand, I don't see being profitable unless Congress starts taxing solar directly, since it still can't beat solar spot prices and it's categorically unprofitable to run coal plants as peakers.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#4
post #3

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

Natural gas would have to be really cheap in order to beat spot prices for solar on sunny days, especially in the southwest. It's still good for peaker plants though. Coal, on the other hand, I don't see being profitable unless Congress starts taxing solar directly, since it still can't beat solar spot prices and it's categorically unprofitable to run coal plants as peakers.

If we harvest Methane Hydrate deposits undersea and pipe them into coastal cities, then natural gas could become essentially free. That would be hard to beat.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#5

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

I agree. Tesla's whole philosophy, I think, was to get people to buy their cars simply because it's a better car, not for any environmental reasons. Oil prices will affect them, but can't destroy them

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#6
post #3

Earlier quoted context omitted.

Natural gas would have to be really cheap in order to beat spot prices for solar on sunny days, especially in the southwest. It's still good for peaker plants though. Coal, on the other hand, I don't see being profitable unless Congress starts taxing solar directly, since it still can't beat solar spot prices and it's categorically unprofitable to run coal plants as peakers.

If we harvest Methane Hydrate deposits undersea and pipe them into coastal cities, then natural gas could become essentially free. That would be hard to beat.

The capital costs though...and if you ignore capital costs, sunshine is free.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#7

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

> Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those would discourage new solar installations.

This is completely illogical. Increased usage of coal or gas will result in higher prices of those resources, not lower.

In addition, switching back to coal and gas as electrical power sources means lower energy costs. Lower energy costs mean lower manufacturing costs, what will finally result in lower electric car/batteries and solar panels production costs.

Lower electricity costs will also result in lower operational costs of electric cars.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#8

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

Tesla and its customers enjoy a fair bit of subsidies. According to the LA Times that number is around $5bn. Trump has stated he wants to cut these types of subsidies and others for renewables as part of his belief that climate change is a "Chinese hoax." I think Elon has a right to worry here as his products are probably too expensive without these subsidies. Even the Model 3 is pricey without that $7,500 tax break. Probably bad news for the Lead and Bolt as well.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#9

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

> Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those would discourage new solar installations. This is completely illogical. Increased usage of coal or gas will result in higher prices of those resources, not lower. In addition, switching back to coal and gas as electrical power sources means lower energy costs. Lower energy costs mean lower manufacturing costs, what will finally result i…

He wants to increase supply, which will lower prices.

Re: Trump’s sweep could be a big setback to Tesla and Elon Musk

#10
post #5

It talks about Tesla, but I'm not really sure how much oil prices can really decline. I would be more worried about SolarCity and solar in general. Trump says he wants to expand coal, nat gas, etc.. and cheaper prices for those (and perhaps discontinuation of credits for renewable energy) would discourage new solar installations. What would be really sad is if this policy change causes bankruptcies in renewable energ…

I agree. Tesla's whole philosophy, I think, was to get people to buy their cars simply because it's a better car, not for any environmental reasons. Oil prices will affect them, but can't destroy them

Oh, come on. A major reason people buy Tesla vehicles because they "want to do their part" for the environment.
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