Musk Moves to Bring Tesla Power to U.K. As Car Sales Stumble

Hopefully this get blocked on account of Elon trying to undermine the government and incite riots last year.

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no thanks, they can keep it across the pond

Great, cheap puts. This venture is a tough play. I have tried selling batteries in UK. Surprise surprise: it‘s a commodity there.

Yes but the UK doesn't know that yet. The snake oil salesmen need to keep rolling into new towns once they have worked the previous one.

There are tons of batteries in the UK already, its a very price sensitive market.

As someone else posted. Tough play with a lot more restrictions and regulations. This guy is like Trump and just say anything. At what point is this complete securities fraud to pump the stock.

Is the UK market worth 30 billion?   Seriously this stock goes up a disproportionate amount. This is a trillion dollar company and it gets a 5% bump on the news a 500 million market

But it looks so sleek on the wall of the California mid century revival ranch, the standard habitation of the West Coast Tesla customer. An Anker can’t match this cachet!

I installed a 35 panel solar system on my home five years ago. I compared to Tesla then and it was a complete scam. The same goes with her powerwalls.  Tesla was 3 times the cost of the system I went with for the same amount of power.

I’m sure this is worth at least another 50-100 billion in market cap, which is more than several other entire companies. Probably a conservative estimate also.

In the UK we have access to cheaper and equivalent quality batteries from China. That's before you factor in us Europeans taking the whole nazi thing a bit more seriously. Im 40, 3 of my grandparents fought the nazis, I'm not giving money to a prick that thinks throwing out a nazi salute is something to even joke about.

No disagreement  I am just commenting that Tesla went up 30 billion in value for such a small market that they won’t even dominate. Fucking stock is a Ponzi scheme

So, I guess the competition will just roll over and every consumer in the UK will sign up... Same logic as the cars to justify the valuation. How could it not happen...

When Tesla first set up charging in the UK, they "partnered" with a local firm, planned to stab them in the back and steal their business and then accidentally sent their plan to do that to the people they were just about to destroy. Musk also generally doesn't pay bills unless sued. Just a reminder in case any local businesses are involved.

none of this will ever happen, as usual.

It's been a meme stock for a while now. I think from here on out, Musk is in the dream-selling business so the stock will float on air as long as he's promising "big things" somewhere down the road.

We’d need some kind of Securities Exchange Commission to enforce those laws, and we don’t have one any more.

Domestic Solar Energy is huge in the UK, but powerwall is now a bit player. Sigenergy, Fox, Giv, SolarEdge, Enphase, SolaX are the big brands volume wise for inverters + storage. This will be an insane “rent a roof” type deal where Tesla get the power off your roof in return for fitting the PV at no cost to you. Then selling you per kWh a combination of direct PV, PV stored in the local battery and Grid energy. Mortgage lenders look really, really unfavourably on these type of deals due to the legal hassle around contract change over for future owners.

The EU just has EV charging everywhere already. The slow sales is probably due to the availability of high quality german evs whereas in the states, if you want to go EV and you want to roadtrip, Tesla’s network is really the only reliable one, although this is slowly changing

> I wouldn't buy a CAR from a Nazi, but... a power wall from a Nazi... Hell yeah!! -No one

When I looked around for some, I was flabbergasted at the options and prices. My parents were early adopters and saved money already at a much higher cost with lower energy prices. Now they're cheaper, can store more, and charge/discharge faster. It's a no-brainer if you have the option. No way Tesla is going to break through anywhere the government isn't giving them everything they want.

Yeah and let‘s not forget that UK Tesla sales are crashing. And he wants to become an electricity supplier? I went through that as a big utility. Took us 2 years to get the license. Also, no money in this business. Many have tried, very few succeeded (e.g. octopus energy; they would crush TSLA in a heartbeat). No way this justifies a 40b$ in valuation bump today. Not because of the UK energy management system.

It will only bust until someone here buys calls or shares xD

hahah these comments - couldn't be more bullish on Tesla stock

Musk is a, I believe the word is, nonce.

I'd rather sit in the fucking dark.

Once a Nazi, always a Nazi. Even if said Nazi releases the Epstein files and cure cancer and feed the world, he's still a Nazi.

Yeah, news doesn’t make it to the UK…

Can anyone explain to me how TSLA is worth 50% more than it was before Trump was elected? They’ve destroyed their reputation and brand with their primary consumers. He pissed off Trump, who won’t forget. And they exposed how far behind Waymo they really are in cyber taxis. So how is that 50% increase? Should have gone from $250 to $100 by now. LOL