Tag Archives: Tesla

Printed Solar Panels to be tested in Tesla

In an effort to increase awareness about climate change, scientists in Australia are busy experimenting with printed solar panels. The team from the University of Newcastle is getting the newly invented panels ready for a 15,100-km (9,400-mile) trip in a Tesla electric car which will begin in September.

Charge Around Australia is a project that plans to power a Tesla vehicle using 18 of these special solar panels. With each plastic panel measuring 18 meters (59 feet) long, they are meant to be rolled out on the ground to absorb sunlight in order to charge. Created from laminated PET plastic, the printed solar is lightweight and costs less than $10 per square meter.

According to Paul Dastoor, the developer of the panels and coordinator of the project, the plan is twofold: the first purpose is to check the durability of the plastic panels and the second is to test the possibility of using the panels for other purposes in the future. He explained, “This is actually an ideal test bed to give us information about how we would go about using and powering technology in other remote locations, for example, in space.”

The 84-day journey is sure to raise interest in the effects of climate change. The team’s findings will have significant impact in the use of sustainable energy and solutions for the security of our planet.

Toyota Not Worried About Competition from Tesla

Toyota executives answered questions about their plans for the development of the company to better compete in the electric vehicle market, with a special concern aimed at Tesla Motors.

President Akio Toyoda responded to Tesla’s valuation, set at about $400 billion, was unrealistically high; larger than all of Japan’s 7 car makers put together.

In addition, Toyoda said that his company can learn something from Tesla’s success with investors. He said Tesla’s business model could teach Toyota a great deal, especially about revenue for electric vehicles, regulatory credits, software, and renewable energy products.

But not everything was praise for the upstart American company.

Toyoda used the example of a restaurant to compare Tesla to Toyota. Whereas Tesla is like a restaurant that is still trying to sell its recipes, Toyota is a restaurant that is already attracting and serving many loyal customers.

“I am hesitant to say this — Tesla’s business, if you want to use the analogy, is like that of a kitchen and a chef,” Toyoda said.

“They have not created a real business in the real world yet. They are trying to trade recipes. The chef is saying ‘Our recipe is going to become the standard of the world in the future!’ At Toyota, we have a real kitchen and a real chef too and are creating the dishes already. There are customers, who are very picky about what they like to eat, sitting in front of us, and eating our dishes already.”

Toyoda told his investors that his company manufactures and sells many more and a broader variety of cars than Tesla, the number is about 100 million cars on the world’s roads. The outlook for 2021 is for Toyota to sell about 7.5 million vehicles. Compare that to Tesla’s forecast to sell about half a million electric vehicles in 2020.

Toyota announced a joint venture last year with one of Tesla’s fiercest competitors, former battery producer and now electric car producer BYD China. Despite profit decline last quarter, Toyota has registered a 3% higher sales recovery and the general auto industry, which is still recovering from depressed sales due to the pandemic in China during the first six months of 2020.

Some Out-of-the-Box Reasons to Bet on Netflix

Netflix is a great company that seems destined to continue as such in the foreseeable future. They are adding customers consistently; they have lots of new, quality content; and lots of people seem to make time in their time to watch.

Netflix added 8.76 million new subscribers across the globe in the fourth quarter of 2019, exceeding all of the most optimistic predictions. Also, binge-watching was reported up during Q4, despite the belief that viewers were going to turn to the competition, Apple and Disney who have entered the streaming marketplace. People are still getting their binging needs met by Netflix. What’s to account for the loyalty of Netflix viewers? The great content, of course. Netflix’s third season of the acclaimed show “The Crown” experienced a 40% growth in viewership over the previous year’s second season. Another Netflix show, “The Witcher,” took away first place as the world’s most-watched TV show from “Mandalorian.”

But there are other than those easy-to-Grok reasons for investors to add Netflix to their portfolios, and you will probably never guess what those reasons are: the Wuhan coronavirus; global warming; and of course, Tesla. (Only because Tesla seems to be the answer to a lot of questions right now.)

Did I hear you say huh?

This is why one analyst thinks the Wuhan coronavirus will feed the binging behavior of viewers around the globe.

“Netflix inc. could find itself the unusual benefactor to an outbreak of a SARS-like virus in China if moviegoers in the region opt to break the tradition of going to theatres during the lunar new year and binge-watch Netflix instead.”

And what about climate change? As the weather gets hotter and rainier, people will most likely spend more time indoors. And when they are indoors, well, the TV is always calling. Binge!

You’ve probably already figured out how autonomous cars will help Netflix stock climb. You’ve guessed it! While your car is driving itself, you can relax and enjoy another episode of “You,” “Stranger Things,” or “Orange Is the New Black.” All I can say is: “Netflix for president!”