T >V< ESLA - V Recovery

[VicBee]

Kind of alternative facts

https://corporatefinanceinstitute.com/resources/accounting/non-gaap-earnings/#:~:text=Significance of Non-GAAP Earnings,earnings measure in company filings.
The use of non-GAAP earnings in SEC filings is at its highest. In 1996, 59% of S&P 500 companies used at least one non-GAAP earnings measure, whereas in 2018, 97% of S&P 500 companies used at least one non-GAAP earnings measure in company filings.

I think the importance of the graph isn't that it reflects non GAAP earnings -a widely used reference measure- but that TSLA's share price has been under excessive downward pressure against its earnings per share. One or the other will eventually return to correlate more closely, and I'd bet on the share price

 

[VicBee]

 

[deaddog]

https://corporatefinanceinstitute.com/resources/accounting/non-gaap-earnings/#:~:text=Significance of Non-GAAP Earnings,earnings measure in company filings.
The use of non-GAAP earnings in SEC filings is at its highest. In 1996, 59% of S&P 500 companies used at least one non-GAAP earnings measure, whereas in 2018, 97% of S&P 500 companies used at least one non-GAAP earnings measure in company filings.

I think the importance of the graph isn't that it reflects non GAAP earnings -a widely used reference measure- but that TSLA's share price has been under excessive downward pressure against its earnings per share. One or the other will eventually return to correlate more closely, and I'd bet on the share price

I don't put a lot of faith in fundys. GAAP or non-GAAP. As i don't have a position at the present time I don't care.
TSLA has the potential to be a momo tock so I keep an eye on it. Then again as the rest of the world catches up it may just become another car company. From what I'm lead to understand, a good portion of revenue comes from carbon credits and subsidies. I'm not sure that is sustainable.

 

[Ayn Rand]

TSLA is the stock to trade. If anyone wants to recommend something else we are all waiting. If you know how to trade, TSLA rocks.

 

[Baron]

The entire home energy storage is exactly solving what problem? Temporary outages? Because most houses don't have enough roof space to store all those solar panels required to deliver around 30kwh for even small to midsize family needs. Let alone most of the country that does not see much clear skies for half of the year. Those home storage batteries are nothing but geek gadgets. In the event you realize you spent 15k or more on power generation and storage a new battery technology or solar technology is released and leaves your implementation in the dust.

Yeah, the solar business has always lacked mass adoption because the cost vs. return of implementing a solar system is just so whacked out. And here's the crazy part: If you happen to live in an area like Florida, or South Texas, or Arizona, you've got a lot of solar energy to capture... But you've also got AC's running like mad during all those peak months just to keep your home somewhat cool and livable, which literally sucks up more energy than a rooftop full of solar panels can generate. I have five AC units in my house here in central Florida. It sounds like a lot but it's very common for a two-story home here to have multiple AC units to service the whole house, especially during the summer months when it's 93 degrees and 90% humidity every day. When I used the calculator at Tesla and another solar outfit, they said I literally needed several times the roof space that I actually have to even come close to having enough solar panels for the power needed. And even if I had that roof space available, it would be about $60k in equipment to make it happen. Nothing about it made any sense whatsoever.

 

[M.W.]

Agree, even homes in more moderate climates can't make the math work out albeit for different reasons like heating requirements or cloudy skies...

Yeah, the solar business has always lacked mass adoption because the cost vs. return of implementing a solar system is just so whacked out. And here's the crazy part: If you happen to live in an area like Florida, or South Texas, or Arizona, you've got a lot of solar energy to capture... But you've also got AC's running like mad during all those peak months just to keep your home somewhat cool and livable, which literally sucks up more energy than a rooftop full of solar panels can generate. I have five AC units in my house here in central Florida. It sounds like a lot but it's very common for a two-story home here to have multiple AC units to service the whole house, especially during the summer months when it's 93 degrees and 90% humidity every day. When I used the calculator at Tesla and another solar outfit, they said I literally needed several times the roof space that I actually have to even come close to having enough solar panels for the power needed. And even if I had that roof space available, it would be about $60k in equipment to make it happen. Nothing about it made any sense whatsoever.

 

[M.W.]

No it does not. It requires around around 20 large panels of the highest capture technology and that under perfect conditions year round which you find hardly anywhere in the US. In most locations you would need probably double or triple that just to cover daily power consumption needs given that half the country half the year only gets at absolute best 5 hours of sunshine during the winter, what about all the cloudy days when a 400w panel produces a max 100 to 150 Watt? With all that you have not charged your batteries one single bit but only consumed the energy during day time cooling or heating.

It takes no guts to apologize when you know you're wrong. So yes, I apologize as I misread your original post. To add to your point, it takes 13 to 19 panels to cover the daily needs of an average household.

 

[TimtheEnchanter]

Today, I tried to buy solar battery storage, and they only sell it with 14 (min) solar panels. (they have a new one coming out but must have inventory backup...) I have panels and they are great - work out well...but did not go for the battery at the time.

Also, today the market was pretty strong, but TSLA lagged. I think more downside to under $100, maybe. Also, IF CPI numbers are bad all long, watch out...

 

[VicBee]

Yeah, the solar business has always lacked mass adoption because the cost vs. return of implementing a solar system is just so whacked out. And here's the crazy part: If you happen to live in an area like Florida, or South Texas, or Arizona, you've got a lot of solar energy to capture... But you've also got AC's running like mad during all those peak months just to keep your home somewhat cool and livable, which literally sucks up more energy than a rooftop full of solar panels can generate. I have five AC units in my house here in central Florida. It sounds like a lot but it's very common for a two-story home here to have multiple AC units to service the whole house, especially during the summer months when it's 93 degrees and 90% humidity every day. When I used the calculator at Tesla and another solar outfit, they said I literally needed several times the roof space that I actually have to even come close to having enough solar panels for the power needed. And even if I had that roof space available, it would be about $60k in equipment to make it happen. Nothing about it made any sense whatsoever.

The take up rate of residential solar in several European countries and Australia is in excess of 25% of homes (other than HI, it's low single digit in most states) thanks to various government incentives schemes. When there's a will, there's a way but in FL, 80% of energy comes from gas and coal who are major donors to the local Republican party. They provide cheap electricity and the government doesn't support solar. All is well.
On the other hand, air-conditioning has allowed humans to live in once unhabitable areas but that in turn has led to the growth of 3-5000 sq ft Mac mansion in expansive suburbs in which temperatures are kept cool with many air-conditioners. Yes, Americans can't seem to fit in houses any smaller and bigger is always better. It is thus not surprising that energy consumption per person in the US and Canada is almost twice that of the next 3, France, Australia and Japan. In fact, Americans consume 5x the global average.
But who gives a shit anyway? That's the kind of life everyone wishes they had, right? Jealous basterds! And that same simple argument can carry across other aspects of our lives;. If it ain't broke, don't fix it and don't you start with that climate change nonsense.

 

[ZBZB]

Today, I tried to buy solar battery storage, and they only sell it with 14 (min) solar panels. (they have a new one coming out but must have inventory backup...) I have panels and they are great - work out well...but did not go for the battery at the time.

Also, today the market was pretty strong, but TSLA lagged. I think more downside to under $100, maybe. Also, IF CPI numbers are bad all long, watch out...

So if they cannot sell cars then they can remove this restriction.