Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Sdgla who wrote (14179)	7/24/2022 10:18:03 AM
From: Kirk ©	Read Replies (2) \| Respond to of 26796

Something to watch for is will power companies discourage charging EVs with record heat everywhere but here where it is expected to reach 75F today. From nextdoor so I left off the author for privacy We had a lively discussion the other day on EVs. Some of what I predicted is happening. Tesla owners in Texas are being told not to charge their cars from 2-8pm due to undue strain on the power grid. An individual with an 8 year old EV needed to replace the Lithium battery pack. Cost not including labor was $14K. Cars value was only $11K. Decided to do the replace only to find out the manufacturer doesn't make the batteries anymore. Dealer offered $500 to scrap the EV. Biggest concern is for owners who are vulnerable to crime when spending an hour to charge in an unsafe area and especially at night. The power grid is failing everywhere. I absolutely do not like to say this. One reply is from a guy with a startup that has an energy bus to manage all the power systems then use your Tesla battery as the backup when the grid goes down along with solar to help charge the battery. So we'll have EXPENSIVE battery powered cars that you have to scrap... and solar panels with 25 year life that also can't be fully recycled...