Battery based electric vehicles of today and tomorrow.

[drssg]

Another thought on the subject: I've seen videos of some inner city asian areas where the general driving patterns are quite ad hoc. Throw in a bunch of aggressive scooter riders, and the traffic looks more like a swarm of bees than any orderly pattern.

Put an autonomous vehicle in the middle, which HAS to follow the rules and attempt to yield to avoid any collisions, and I wonder if it could get anywhere. People could continually cut it off, and it would be stuck.

But who knows, the Chinese might just give it right of way. People have to get out of the way or else!

 

[riptides]

The combination of autonomous vehicles and smart roads is upon us.

Litigation will not stop the progress.

Virginia Smart Roads | Virginia Tech Transportation Institute

Go Hokies!

 

[Gale Hawkins]

Driverless cars will race at Indy in autonomous vehicle challenge

Some day perhaps?

 

[airbiscuit]

Off topic, but we when would talk with managers about inertia and resistance to change, the following quote would inspire us:

"If you're still under control, you're not going fast enough."
.............................................................Mario Andretti

 

[drssg]

A previous employer of mine had the corporate motto, "Embrace change!" I always found this annoying. If we detonate every nuclear bomb on earth, that would cause change, but I don't embrace that. I'm willing to embrace improvements.

Any new manager with a bit of authority can implement change. Improvements are much more complicated. That involves getting a solid understanding of the current system, including all its strengths and weaknesses. After careful consideration, an improvement can be implemented that fixes one or more weaknesses without destroying strengths.

IMO, the primary motivation for change was to remove the possibility of any apples-to-apples comparison of how a department is performing over time.

 

[airbiscuit]

That kind of thinking would put you on this Indy racing team.

 

[drssg]

That kind of thinking would put you on this Indy racing team.

To be fair, I suspect that the changes in indy racing are due to a series of well thought out improvements over time. It's not from some new guy in middle management saying, "Hey, lets put the gas pedal on the LEFT side!"

 

[cqaigy2]

To be fair, I suspect that the changes in indy racing are due to a series of well thought out improvements over time. It's not from some new guy in middle management saying, "Hey, lets put the gas pedal on the LEFT side!"

I think i've seen people driving like the brake peddle is on the right side. :laughing:

 

[dragoneggs]

Off topic, but we when would talk with managers about inertia and resistance to change, the following quote would inspire us:

"If you're still under control, you're not going fast enough."
.............................................................Mario Andretti

that belongs in the 'favorite quotes' thread. :thumbsup:

 

[Gale Hawkins]

Off topic, but we when would talk with managers about inertia and resistance to change, the following quote would inspire us:

"If you're still under control, you're not going fast enough."
.............................................................Mario Andretti

I like that quote.

My $1,193,762.40 EV learning misstep was expensive tution. Taxes ran the cost of our 2016 Leaf in October 2019 to $14,000.00.

On the same day that would have bought 282 shares of Tesla stock. At close today 22 January 2021 that $14K purchase would have been worth $1,193,762.40.

 

[MoKelly]

I like that quote.

My $1,193,762.40 EV learning misstep was expensive tution. Taxes ran the cost of our 2016 Leaf in October 2019 to $14,000.00.

On the same day that would have bought 282 shares of Tesla stock. At close today 22 January 2021 that $14K purchase would have been worth $1,193,762.40.

That says it all. A $14,000 investment goes to $1.2 million in less than 2 years.

So, now Elon Musk is the richest human on the planet.

MoKelly

 

[drssg]

I like that quote.

My $1,193,762.40 EV learning misstep was expensive tution. Taxes ran the cost of our 2016 Leaf in October 2019 to $14,000.00.

On the same day that would have bought 282 shares of Tesla stock. At close today 22 January 2021 that $14K purchase would have been worth $1,193,762.40.

I get about $238,572. That's still a lot of money, but it's tough to time a volatile stock.

$14,000 would have bought about 56 shares of stock in Oct 2019. That would bump up to 282 after the five-way split, but that's 282 * 846 for today's value.

 

[Gale Hawkins]

Did you not know about one for 5 for 1 split?

 

[drssg]

Yes, I accounted for it in my post.

 

[Gale Hawkins]

1420 x $850 I will check out.

 

[MoKelly]

In any case, pretty nice growth in a year.

MoKelly

 

[Tinhack]

The future looks good for electric powered cars. Within the next two years, we'll probably all be driving on flashlight batteries. There won't be any gas.

 

[drssg]

I believe that your calculations are inadvertently accounting for the stock split twice, so the end result is five times the actual amount of money.

Here is a two year price history for Tesla.

You will notice that the stock price does not dive down by 80% in August of last year to account for the split. That would make it difficult to evaluate historical performance. So the graph sort of alters history by displaying post-split equivalent prices for pre-split quotes.

You could not have purchased Tesla at $50/share in Oct of 2019. It was more like $250/share. The easiest way to do the calculations is to ignore the split entirely, because it is already accounted for in the altered historical pricing.

 

[Gale Hawkins]

I believe that your calculations are inadvertently accounting for the stock split twice, so the end result is five times the actual amount of money.

Here is a two year price history for Tesla.
View attachment 684073
You will notice that the stock price does not dive down by 80% in August of last year to account for the split. That would make it difficult to evaluate historical performance. So the graph sort of alters history by displaying post-split equivalent prices for pre-split quotes.

You could not have purchased Tesla at $50/share in Oct of 2019. It was more like $250/share. The easiest way to do the calculations is to ignore the split entirely, because it is already accounted for in the altered historical pricing.

Thanks I have a lot of learning to do about investing.

 

[MoKelly]

The future looks good for electric powered cars. Within the next two years, we'll probably all be driving on flashlight batteries. There won't be any gas.

If this is true, we should begin selling stocks of oil companies short.

MoKelly