That belongs in a "The funniest line never spoken" thread pure gold ...... This video, from about the 5:30 mark if you want to hit the rip into Tesla bit, backed up by facts unfortunately for all the Tesla fluffers out there. AI generated I'm guessing because this is the same face and voice as the computer chip engineer you tube videos T1 Terry
I bet you are an even happier chappy now, the returns from the solar didn't fad away to nothing did they ..... Do you stil think it was worth every Tesla stock sold? T1 Terry
A solid $1,000 savings the first full year, yes: Cheap grid power fills the gap - mine is sized to give little to no solar electrons to the grid. We have many commercial operations with their own solar fields. Cost avoidance is tax avoidance - my taxable income is no longer used to pay that $1,000 expense. Age frozen appraisal value - being 76 years old, my property appraised value and taxes not touched by the value of my house now with paid off, solar. Around town, I’m running about $0.01/mile cost. So my trip to Waffle House cost less than the cash tip I left. Bob Wilson
The hype bubble is definitely alive and well. Right now it was shifted from EVs to robotaxis and AI/Optimus. The EV side of the business was doing great, until Elon flipped sides from pro-environment to anti. Tesla gave up on their EV plans and let it coast. After alienating half of his customers the business has been treading water. Tesla is refitting their oldest, least productive factory to produce Optimus. The robotaxi production line is a single line at Texas which had plenty of spare room (in part, thanks to the CyberTruck disaster). Tesla still provides Billions of dollars every quarter to fund other pursuits. Elon has reached some of his dreams, and failed at others. I will never bet against (short) him, because he is (so far) a master marketer. I have taken most of my chips off the table. The final 10% of my holdings is in the green until the stock drops under $10. I currently hold it so I can vote as a shareholder for a return to the original mission statement, and against Elon’s bonus program.
I.e. its boom years ended about 5 years ago. Since then is has basically matched the Russel 2000 Index, but fallen slightly short of the DJIA, and farther behind the S&P500 and NASDAQ indexes.
Absent rooftop solar, my electric bill would have been a bit under $1.2k over the same period, for both the house and the PHEV at home. The solar covers the house's entire energy fee, but not the fixed connection fee or PHEV's usage.
I installed it to put my money where my mouth is on Anthropomorphic Climate Change, not to "save money". Also, as an electrical engineer, this had been on my bucket list for decades, and I was getting old enough to reach a now-or-never decision. Various "solar scores" for my house are low, from both local climate (heavy winter overcast) and tree shade (large trees just outside my property line), and recommended against it. I did it anyway, having to add extra capacity to compensate for the shade interference. And am glad I did. The shading interference significantly delays any "breakeven", and I haven't kept a spreadsheet to track it. It was installed in three stages from 2013-15. Coarse guesstimates suggest that "breakeven" happened in the past couple years, including federal and state incentives but not accounting for inflation and the time value of money. Counting those factors, it would be several years out. Compared to stock market returns over this period, it won't ever pay back. But that was never my goal anyway. Annual savings is close to what another prominent solar proponent here is getting. Installation cost was about 1/4 of his system's cost, though DIY design and installation, and no battery storage (not a mature tech at that time), helped keep cost down. State production incentives also contributed significantly, those expired in mid-2020.
