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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 368.29+0.6%Nov 7 4:00 PM EST

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To: gg cox who wrote (209660)12/24/2024 2:21:21 PM
From: Maurice Winn  Read Replies (1) of 217593
 
Tesla depreciation Auckland = 50% in two or three years. trademe.co.nz

They have certainly not been capital gains purchases. Elon said they would be due to Full Self Drive autonomous taxi value. Since they are not yet autonomous taxis for regular people, that's for the future. But even as a regular car their depreciation is fast. Part of that is because the commie stupid Jacinda government's "$8000 free money" lolly scramble was stopped. Ending the freebie scramble, the government introduced a mileage tax comparable with the mileage tax on diesel fuelled cars. There was also free electricity at some recharge points but I don't know if that's still on offer.

Electric cars now have to sell based on their own merits without a government thumb on the scale. Except that petrol cars still have extorquerationate taxes on the petrol. And the dopey commie Jacinda government banned exploration for oil so now gas is running out and fuel is all imported [some came from condensate but that's finished due to the refinery being closed].

The big boost for electric cars would come with Mq's superfast 7 Second Swap Stop Service whereby small cars could zip into a swap station, the car would eject their discharged battery and a robot would push into place the replacement and off the car would go. Total time 7 seconds. Battery weight 50 kg or maybe 100 kg. Formula1 type speed.

No recharge waiting around for an hour [or three hours if there's a Thanksgiving queue]
Battery costs $10,000 less
Car weighs 1 ton instead of 2 tons
Car costs half price [give or take a bit - half the weight doesn't mean half the price]
Less weight driving up hill or over bumps = less electricity needed. Less rolling friction.
Cheapest electricity with batteries recharged when the sun comes out on photovoltaics and at off-peak prices
Slow-charged for no battery damage - faster is harsher on the battery
Fully charged battery instead of just 80% or 90%
7 Seconds from whoa to go [worth repeating] instead of an hour.
Cheap recharging as a single lane is needed with one stopping point instead of 100 recharge points with an acre of cars parked for an hour to achieve the same thing. 7SSSS could be done right on a road by just pulling into an emergency stopping lane.
Price of batteries would fall because the tonnage of battery production would halve as battery tonnage would not be sitting around unused in millions of cars - a million tons of lithium mining would supply 5 times as many cars.
The millions of batteries sitting in recharge stacks would act as a grid buffer and instant sink for millions of photovoltaic solar farms to supplement peak demand.

The rate of change to electric instead of petrol and diesel would accelerate so people worried about CO2 would breathe easy. Even where electricity comes from coal or heavy oil, the CO2 emissions would reduce as power stations are much more efficient than little engines in cars. Regenerative braking can be done on electric cars so that's a bit of saving of energy too.

Mqurice
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