EV hype train rams into reality

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Chargepoint has installed too many low amperage chargers. If it's not DC fast charge up to the max capability of the vehicle, what's the point? I was plugged into the charger at my office and only got like 20% in 3 hours. That isn't worth paying for, IMO.

Same thing when I plugged into Chargepoint at the Domain mall in North Austin. Got around 17% in 2 hours. The only funny part of that interaction is when the Tesla owner who was pulling out told me that the spot was for EV cars only. I had to tell her that the VW ID.4 is an EV.

When I took it to Electrify America, it charged to 100% in less than 40 minutes while I was at lunch next door. When my phone went off, I went and moved it, then came back and finished my lunch.

Almost nothing past 100 when I looked on plug share a while ago.
 
That figure is a reflection of the drop in the stock price rather than corporate earnings. Tesla still made money last quarter but less of it due to a small reduction in profit margins.
They also had the stock price drop as I think Q3 was the fifth consecutive quarter where Tesla had more output than demand.
 
Chargepoint has installed too many low amperage chargers. If it's not DC fast charge up to the max capability of the vehicle, what's the point? I was plugged into the charger at my office and only got like 20% in 3 hours. That isn't worth paying for, IMO.

Same thing when I plugged into Chargepoint at the Domain mall in North Austin. Got around 17% in 2 hours. The only funny part of that interaction is when the Tesla owner who was pulling out told me that the spot was for EV cars only. I had to tell her that the VW ID.4 is an EV.

When I took it to Electrify America, it charged to 100% in less than 40 minutes while I was at lunch next door. When my phone went off, I went and moved it, then came back and finished my lunch.

I mean the entire point of those level 2 chargers was never to compete with DCFC. You don't base your road trip around level 2 chargers... but they're still useful (on a road trip, even, for example at hotels etc so you plug in when you check in and the next morning when you leave you have a full car). DCFC is for road trips/long drives but having level 2 charging at your home and destination is the entire purpose of AC charging.

Charging at workplaces is where level 2 is ideal. Your car is sitting there doing nothing for 8 hours, let's say it takes 4 hours to charge your car... so you move it at lunch so someone else can use the charger. The expense of buying, installing, and maintaining a DCFC is silly for that, plus you'd have people going in and out all day swapping their cars around. Plus, long-term, Level 2 charging is better for the battery pack than DCFC, so why charge faster when you don't need to?

The Target closest to my house just got EV charging. A bunch of Tesla superchargers and 4x ChargePoint level 2 chargers. The ChargePoints are free for two hours then they charge a fee. In the time I went shopping for a few things I needed anyway my Volt regained enough battery to cover driving home and back despite Volty's pathetic 3.3Kw onboard charger. For free! How cool is that? The point of such charging is not a 0-100% charge it's to regain the power lost by routine driving so you never run out of juice.

Ideally you leave home with an 80% charged battery. You drive to work, where you plug your car in, and by the time you leave it's back at 80%. Then you stop off at the grocery store on your way home, and you're there for 30 minutes, plugged in, and you get some charge. Then, hey, you get home, and plug it back in, but because you stopped to shop you only have to use a little of your electricity to charge your car, saving you money. THAT is the point of these chargers, and most people on their daily routine NEVER have to stop at a DCFC station. And so even if you have an older EV with a degraded battery that doesn't get the best range you will still be fine.
 
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Chargepoint bet on the wrong horse and now has to retool.

Not sure if you bet on mining or refining?

On lithium mining here seems to be plenty of it with more being found every time we look.
Refining seems to be the lithium bottleneck.
I had a few irons in the fire on Lithium, but also precious metal mining. Namely the Polymet project in northern MN. It is local to me, but the MN and US government just does not want it to be approved through various channels, and keeps facing barriers. Supposed to be sitting on one of the largest deposits of copper and nickel in the US. But I suppose electronic manufacturers want cheaper materials from third world countries using child and slave labor. But that's a whole nother conversation not terribly connected to this thread.

I admit I bought chargepoint a while ago without doing much research of my own, but in my defense at that time it did seem like a sure winner to go with the largest distribution provider outside of Tesla. My lack of EV knowledge showed.
 
Charging at workplaces is where level 2 is ideal. Your car is sitting there doing nothing for 8 hours, let's say it takes 4 hours to charge your car... so you move it at lunch so someone else can use the charger. The expense of buying, installing, and maintaining a DCFC is silly for that, plus you'd have people going in and out all day swapping their cars around. Plus, long-term, Level 2 charging is better for the battery pack than DCFC, so why charge faster when you don't need to?

The Target closest to my house just got EV charging. A bunch of Tesla superchargers and 4x ChargePoint level 2 chargers. The ChargePoints are free for two hours then they charge a fee. In the time I went shopping for a few things I needed anyway my Volt regained enough battery to cover driving home and back despite Volty's pathetic 3.3Kw onboard charger. For free! How cool is that? The point of such charging is not a 0-100% charge it's to regain the power lost by routine driving so you never run out of juice.
It's completely unnecessary to have L2 charging at work if you have a L2 charger in your garage, unless you have an extreme length commute to where a round trip would put you in danger of completely exhausting your charge. Or an EV that has very limited range. Most of the new EVs coming out now have 250+ miles of range. I only go to the office 1-2 times a week and it's about 60 miles round trip. I'd have no problems recharging to 80% every night at home. Considering my circumstances, why would I pay for charging that costs 3 times as much as charging at home (13c/kwh all-in).

Now free L2 charging at the store, I'd use that to top off.

Your case is different because you
a) have a Volt that has very limited EV range
b) live in California where fuel is very expensive.
c) live in California where electricity is also very expensive.

In your case it may make sense relative to the price of gas to pay for an L2 charge. It may make sense even compared to the cost of electricty at home, not sure. Free charging at Target definitely makes sense, although whatever your significant other does with your wallet in the store may make it make less sense.
 
This from the government of BC. There are approximately 3 election cycles until then.

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His reported wealth is the number of shares of stock he holds, multiplied by the current market price per share.

But if he ever decided to sell all his shares on the open market, the market would be flooded with his shares and the price would drop. Plus, others would sell their stock as well, wondering why Musk is dumping his shares, and figuring, if he is dumping his, I better dump mine as well.

And even then, he would have made a capital gains profit, and have to pay capital gains tax.

No, his shares are like a reverse Midas touch. If he ever tried to cash in, he would destroy its value. So, the reported wealth is a pipe dream in reality.
 
This from the government of BC. There are approximately 3 election cycles until then.

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I don't know why governments insist on suggesting that every vehicle is going to be an EV by X date? Makes some voters happy?
here is the actual legislation https://www.bclaws.gov.bc.ca/civix/document/id/oic/arc_oic/0448_2020
As far as I can tell from the act, is that that they are going to require battery only EV's to be the majority of vehicles sold, but PHEV and regular hybrids are still going to be able to be sold. So if you live in the middle of the wilderness, you can still buy hybrid or PHEV.
I think most places going "EV only" actually have provisions for other types of drivetrains to still be sold at reduced numbers but they don't mention that.
 
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The only “Hype” evident is the title of this thread, and the posts from those who didn’t read, or understand, the linked article.
If he lost $28B, he is selling the cars too cheap or his costs for labor and materials too high.

Big differences exist between the stock price, the net worth of the owner, and margins of the business, and yet, those three are conflated in too many posts.

Lock time.
 
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