Eric Kosak I live in a magical time of science and technology in which Merlin himself would be amused. I am just learning about it. A goal of mine for many years has been to learn and understand as much as I can about it, and, yet, everyday I find out something new. I hope I can share this. I believe in being independent; therefore, I enjoy reading on a variety of things. For instance, what can I do to improve the energy consumption of my house? How can I reduce the negative impact on my health due to the things I buy and do? Can I improve my life by choosing one type of energy over another? How can I repair a leak in my bathroom? What do I need to do to grow my own vegetables? To improve the world, my mom always says, we start at home. I have learned that to succeed at something I must fail many times, and with each failure I learn something, and I also try to live by the golden rule of doing unto others as I would like them to do unto me.
July 22nd, 2018 | by Eric Kosak
In previous articles, I have already discussed in detail how Tesla can achieve a break-even level with the Model 3. I have also discussed the variable unit cost of capital per Model 3, and I have gone to great length discussing the variable unit cost of labor per Model 3. Today, I would like to discuss the fixed unit cost of materials of Model
July 12th, 2018 | by Eric Kosak
A couple of weeks ago, I made an EPS prediction for Tesla’s second quarter. At the time, I said, “the key disclosure this quarter will be the number of cars produced. I am expecting almost twice as many cars produced in the 2nd quarter compared to the first quarter. My EPS prediction relies on cars produced.”
July 1st, 2018 | by Eric Kosak
On Wednesday, May 9, 2018, history was made. The California Energy Commission unanimously approved the requirement that all new homes and low-rise apartments built from 2020 onwards include solar panels. The approval was supported by builders, utilities, and solar manufacturers. Now, say it with me — hip hip hooray!
July 1st, 2018 | by Eric Kosak
I am making an earnings per share (EPS) prediction only for the Tesla automotive segment, excluding leasing, since I think Wall Street is way too negative on Tesla
July 1st, 2018 | by Eric Kosak
In the last two articles (that I wrote exclusively for CleanTechnica), I explored Tesla’s break-even level and its cost of capital. On this occasion, I would like to explore Tesla’s cost of labor
June 18th, 2018 | by Eric Kosak
During Tesla’s last conference call, concerning the first quarter of 2018, Mr. Deepak Ahuja, Tesla’s Chief Financial Officer (CFO), while answering a question from Rod Lache, an analyst at Deutsche Bank Securities, Inc., said: “Rod, we are very CapEx-efficient, overall. Let me just start from that point. And if we look at our depreciation costs on a per unit basis at steady run rate of 5,000 or so cars per week, we are in my mind well below most of our competitors – well below $2,000 per unit depreciation cost.”
June 7th, 2018 | by Eric Kosak
Tesla is Very Close to Break-Even Point. We crunch the numbers
