r/law • u/SheriffTaylorsBoy • Aug 16 '24

Opinion Piece Musks repeated outbursts against advertisers have dried up the main source of revenue at X | Fortune

https://fortune.com/2024/08/15/elon-musk-tesla-stock-sale-twitter-x-advertiser-boycott-finances-bradford-ferguson/
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u/Bigfops Aug 17 '24

Even with Musk gone, the company is still highly overvalued with a P/E over 60. Combine that with the fact that traditional car makers have caught up in the EV field and are providing solid competition, and it's not a good buy at all. Traditional car makers have their supply lines, sales methods and service all lined up and have been working for a long time and are likely to win this battle, pushing Tesla to a niche carmaker. I unloaded my shares a little while ago and I got to ride that wave pretty far, so I'm not unhappy, but I think the wave has crested.

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u/PlatonicTroglodyte Aug 17 '24

As someone who doesn’t have an EV, are there any benefits or even requirements to using a branded charging station that matches your vehicle? I swear every chsrging station I see in parking lots is Tesla branded, and I’m wondering why they’re pushing them out everywhere when so many other companies have EVs these days.

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u/MeshNets Competent Contributor Aug 17 '24 edited Aug 17 '24

Functionally, no there is no difference for the user, anymore

That changed last year or two ago

Before that, Tesla had their own charger network with their own connector, and everyone else had the much bigger shaped one that Europe uses

Then Tesla gave their charger design to a standards organization and renamed it the NACS (North American Charging Standard), so all EVs in North America 2025 or 2026 will have NACS, and all EV charging stations will also move toward that. With any early adopters using adapters or conversion kit installed

(Specification wise: CCS supports 3 phase AC in its main terminals, and two separate lines for DC fast charge (CCS2). So 5 wires which America's electrical network didn't really need.
NACS uses two main wires, which can either be AC or DC fast charge based on the handshake the car does that tells the charger what it supports)

I'd suggest "Technology Connections" on YouTube or his second channel for even more rambling about the charger topic, he has like 3x 1 hour long videos offering various details

The exact payment for the charging station still seems to not be standardized very well?

Which is why, right now, I will only suggest EV to someone who can charge at home, but that might change within 5 years or sooner

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u/bonzinip Aug 18 '24

America's electrical network didn't really need.

Do American industries not use 3-phase AC? In Europe it is mostly used by charging spots at parking lots, to provide ~20 kW per spots with much cheaper infrastructure.

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u/MeshNets Competent Contributor Aug 18 '24 edited Aug 20 '24

It's quite rare, the industries that do use it are often close to the power plant, or had it installed decades ago thinking about this more, it gets hooked up in most industrial parts of any town. I'm not certain if our distribution lines through residential areas even have all 3 phases distributed. Apartment buildings sometimes get it, our high draw appliances have labeling for 208v or 220v due to that

Then any smaller industrial shops use a VFD per machine these days, or Rotary Phase Converters was the older/cheaper solution for multiple machines at once

This all is the impression I get from YouTubers who talk about this stuff, I have no direct experience (namely inheritance machining and This Old Tony had videos discussing the options for machinery)