Tesla files to sell electricity in Texas

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Tesla files to sell electricity in Texas

cnn2021-08-30

New York (CNN Business)Tesla Motors wants to do more than sell you an electric car. It wants to start selling electricity itself — at least to some people in Texas. It has filed with the Texas Public ...

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BinLong
·2021-08-30
???
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1
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DividendMad
·2021-08-30
Tesla = Anything electric?Lovely news
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sugizoi4u
·2021-08-30
Tesla is more than just a car company. Just DCA and hold.
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5
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- Al385:
  ?
  2021-08-30
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Alanshi55
·2021-08-30
Just play with fund managers
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2
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- Alanshi55:
  Yaya
  2021-08-30
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JJQ
·2021-08-30
Tesla EV and Solar power! ???
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4
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JeffreyLim
·2021-08-30
Good.
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2
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KYHBKO
·2021-08-30
welcome $Tesla Motors(TSLA)$... the sustainable energy company that also sells cars.
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- KYHBKO:
  you are right
  2021-08-30
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- woonws:
  Business going upstream
  2021-08-30
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- woonws:
  Going upstream in its business
  2021-08-30
  Reply
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Victorhc88
·2021-08-30
Like pls
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edseah24
·2021-08-30
Big plans
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happyplanet
·2021-08-30
Good
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Ahlec
·2021-08-30
Tesla would be better prepared then the previous companies as they are going in after the issues surfaced. Given the relatively cheap energy pricing there, and the incoming surge of crypto miners to Texas (including Tesla vested interest in crypto), this put the investment in quite a good position prospects wise.Perhaps someone could do the math analysis on this later to give a better valuation of things.
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- Kiat1989:
  please like
  2021-09-01
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- Limpek:
  Crypto mining hub in Texas.
  2021-08-30
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Huatster
·2021-08-30
Good
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- JAMKKT:
  Ok
  2021-08-30
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IvanOon
·2021-08-30
Please like thanks
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sinoob
·2021-08-30
Pls like like comment comment tqtq
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- sinoob:
  Tqtq!
  2021-08-31
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- IvanOon:
  Done
  2021-08-30
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Jo5tarz
·2021-08-30
To the Moon !?
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- Min_max:
  This is an interesting development for Tesla
  2021-08-30
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- bananafruit:
  Ok
  2021-08-30
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MugenQiang
·2021-08-30
Like too pls...
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- AventadorKK:
  pls like and comment
  2021-08-30
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Blurrrrry
·2021-08-30
Please comment and like
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- Qarah:
  Pls comment and like back thanks
  2021-08-30
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Dragonroar
·2021-08-30
Like and comment thanks
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- wenjin:
  Nice
  2021-08-30
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- Acella:
  ?
  2021-08-30
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- MonKeyTgr:
  ok
  2021-08-30
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ARIESan
·2021-08-30
Good news ?
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- HawTK:
  Agreed
  2021-08-30
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Jaymand
·2021-08-30
Like pls
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It wants to start selling electricity itself — at least to some people in Texas.\nIt has filed with the Texas Public ...</p>\n\n<a href=\"https://edition.cnn.com/2021/08/27/business/tesla-electricity/index.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"TSLA","symbol_name":"特斯拉","start_time":0,"source_url":"https://edition.cnn.com/2021/08/27/business/tesla-electricity/index.html","article_id":"1137514360","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1137514360","pubTimestamp":1630287425,"sourceInfo":null,"weMediaInfo":null,"summary":"New York $Tesla Motors$ wants to do more than sell you an electric car. It wants to start selling electricity itself — at least to some people in Texas.It has filed with the Texas Public Utility Commission to generate electricity and sell it directly to the public. Details about its exact plans are not included in the application, and Tesla did not respond to a request for comment. But the company said in its filing it plans to sell electricity directly to consumers, with a focus on those who al","collect":0,"end_time":0,"defaultTopTitle":"cnn.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"TSLA":"特斯拉"},"translate_title":"特斯拉将在德克萨斯州出售电力","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"New York (CNN Business)Tesla Motors wants to do more than sell you an electric car. It wants to start selling electricity itself — at least to some people in Texas.\nIt has filed with the Texas Public Utility Commission to generate electricity and sell it directly to the public. Details about its exact plans are not included in the application, and Tesla did not respond to a request for comment. But the company said in its filing it plans to sell electricity directly to consumers, with a focus on those who already own Tesla cars.\nThe filing was first reported by Texas Monthly.\nThe company best known for being the largest electric vehicle company in the world also has a solar energy unit. Most of that business is focused on installing solar panels on homes or other buildings, which are then linked to batteries, which Tesla has branded as Powerwalls, used to store excess power captured during the day to provide power at night.\nBut Tesla has a very low-profile business known as \"Megapack\" that builds very large batteries used to store utility-scale amounts of electricity. It built the first of those massive batteries in Hornsdale, Australia, in 2017, and has since expanded the product to other locations.\n\"Battery storage is transforming the global electric grid and is an increasingly important element of the world's transition to sustainable energy,\" it said in a 2019 blog post. \"To match global demand for massive battery storage projects like Hornsdale, Tesla designed and engineered a new battery product specifically for utility-scale projects.\"\nIt's a growing business. Tesla has said it is investing more of its available cash in its Megapack. Utilities have reported plans to install over 10,000 megawatts of additional large-scale battery power capacity from 2021 through 2023 from all manner of battery suppliers, according to the US Energy Information Administration. That's up from only 1,650 megawatts of large-scale capacity in place at the end of last year.\nBloomberg reported earlier this year that Gambit Energy Storage LLC, a Tesla subsidiary, is quietly building a more than 100 megawatt energy storage project in Angleton, Texas, a town roughly 40 miles south of Houston. A battery that size could power about 20,000 homes on a hot summer day.\nBut, so far, Tesla has sold Megapacks only to other companies and Tesla has not tried to sell directly to consumers. That would change, according to its filing.\nDespite its long association with oil and natural gas, Texas has the third most EVs in the country, behind only California and Florida, according to recent statistics from Electrek. Texas also generates a significant portion of electrical power through solar and wind power, sources of power that need to have storage of electricity since they are not constantly available. Texas generates by far the greatest amount of electricity from wind power of any state and is second only to California for the amount of electricity coming from to solar power, according to the EIA.\nBut its electrical grid suffered a massive failure due to a winter storm in February. Part of the problem was that Texas is the only state in the continental United States not tied into the national grid, which would allow it to tap into other states' electricity supplies at times of crisis. Some electric companies have filed for bankruptcy since then.\nCEO Elon Musk made reference to the need for more electrical storage if utilities in Texas are to avoid the problems of this past winter.\n\"In Texas, there was a peak power demand, and ... because the grid lacks the ability to buffer the power, they have to shut down power. There's no power storage,\" he said in a call with investors in April. He did not mention Megapack on that call, but suggested that the greater adoption of solar panels on homes and Tesla's Powerwalls would help to provide that buffer needed for the grid in Texas and elsewhere.\nThis is the latest move by Tesla and Musk to focus more attention on Texas. Tesla is already building its second US car factory outside of Austin, and Musk formally moved his residence to Texas, he disclosed in December. Last year during a fight over Covid-19 public health restrictions that Musk opposed, he threatened he would move Tesla's headquarters to Texas, but he never followed through on that threat.\nIn addition his rocket company SpaceX also has a strong presence in South Texas, include a sprawling manufacturing facility, launch and landing pads, where the company is building and testing early versions of Starship, its gargantuan rocket that Musk hopes will one day be used to carry people to the moon and Mars.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":811266700,"gmtCreate":1630327667800,"gmtModify":1676530269780,"author":{"id":"3576534359839665","authorId":"3576534359839665","name":"BinLong","avatar":"https://static.tigerbbs.com/f784382ffd496b8b23ef07047bad2bf8","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3576534359839665","authorIdStr":"3576534359839665"},"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811266700","repostId":1137514360,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":811180678,"gmtCreate":1630297059994,"gmtModify":1676530260956,"author":{"id":"4092273850516740","authorId":"4092273850516740","name":"DividendMad","avatar":"https://static.tigerbbs.com/a565e52d5719b2f79a63785f4a9be3ef","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4092273850516740","authorIdStr":"4092273850516740"},"htmlText":"Tesla =&nbsp;Anything electric?Lovely news&nbsp;","listText":"Tesla =&nbsp;Anything electric?Lovely news&nbsp;","text":"Tesla = Anything electric?Lovely news","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811180678","repostId":1137514360,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":811135443,"gmtCreate":1630295898682,"gmtModify":1676530260511,"author":{"id":"3580348004146675","authorId":"3580348004146675","name":"sugizoi4u","avatar":"https://static.tigerbbs.com/c7f987f771f67981d200c8f1cd598c70","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3580348004146675","authorIdStr":"3580348004146675"},"htmlText":"Tesla is more than just a car company. Just DCA and hold.","listText":"Tesla is more than just a car company. Just DCA and hold.","text":"Tesla is more than just a car company. Just DCA and hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811135443","repostId":1137514360,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5695270,"gmtCreate":1630331185519,"gmtModify":1663233120756,"authorId":3563863691814974,"author":{"id":3563863691814974,"idStr":"3563863691814974","authorId":3563863691814974,"name":"Al385","avatar":"https://static.tigerbbs.com/51b962289811e9774fd45f1320a21259","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":811135443,"type":1,"supId":0,"prevId":0,"content":"?","text":"?","html":"?"}],"langContent":"EN"},{"id":811199101,"gmtCreate":1630294413103,"gmtModify":1676530260132,"author":{"id":"3569133365230412","authorId":"3569133365230412","name":"Alanshi55","avatar":"https://static.tigerbbs.com/e258f142575836f67bb9b43e3ec4a521","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3569133365230412","authorIdStr":"3569133365230412"},"htmlText":"Just play with fund managers&nbsp;","listText":"Just play with fund managers&nbsp;","text":"Just play with fund managers","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811199101","repostId":1137514360,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5690123,"gmtCreate":1630294422613,"gmtModify":1635135958523,"authorId":3569133365230412,"author":{"id":3569133365230412,"idStr":"3569133365230412","authorId":3569133365230412,"name":"Alanshi55","avatar":"https://static.tigerbbs.com/e258f142575836f67bb9b43e3ec4a521","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":811199101,"type":1,"supId":0,"prevId":0,"content":"Yaya","text":"Yaya","html":"Yaya"}],"langContent":"EN"},{"id":811102326,"gmtCreate":1630293926365,"gmtModify":1676530259996,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://community-static.tradeup.com/news/56f38f5ea7b683e48c466bc341ca6d33","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":8,"crmLevelSwitch":1,"idStr":"3571627110799155","authorIdStr":"3571627110799155"},"htmlText":"Tesla EV and Solar power! ???","listText":"Tesla EV and Solar power! ???","text":"Tesla EV and Solar power! ???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811102326","repostId":1137514360,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":811374341,"gmtCreate":1630293286683,"gmtModify":1676530259646,"author":{"id":"3574336711740262","authorId":"3574336711740262","name":"JeffreyLim","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":5,"crmLevelSwitch":0,"idStr":"3574336711740262","authorIdStr":"3574336711740262"},"htmlText":"Good.&nbsp;","listText":"Good.&nbsp;","text":"Good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811374341","repostId":1137514360,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":811375948,"gmtCreate":1630293193384,"gmtModify":1676530259605,"author":{"id":"3574381076586256","authorId":"3574381076586256","name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3574381076586256","authorIdStr":"3574381076586256"},"htmlText":"welcome&nbsp;<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>... the sustainable energy company that also sells cars.&nbsp;","listText":"welcome&nbsp;<a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>... the sustainable energy company that also sells cars.&nbsp;","text":"welcome $Tesla Motors(TSLA)$... the sustainable energy company that also sells cars.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/811375948","repostId":1137514360,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":5696583,"gmtCreate":1630335963648,"gmtModify":1663233128145,"authorId":3574381076586256,"author":{"id":3574381076586256,"idStr":"3574381076586256","authorId":3574381076586256,"name":"KYHBKO","avatar":"https://static.tigerbbs.com/c3bcbc7f9a10836dea92afc94bf39b5b","vip":2,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[{"badgeId":"9427a906234c4b18a82ec3d7730b7fa8-1","templateUuid":"9427a906234c4b18a82ec3d7730b7fa8","name":"Star Contributor","description":"Have published 3 or more picked posts, and have published at least one picked post and participated in comments within 30 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