Tesla solar

Tesla Cuts Hit Close To Home

My follow-up report to my last CleanTechnica dispatch — the article in which I explained the basics of the my solar array/Powerwall/charging station installation — was supposed to be a show & tell from the Tech Talk Tesla Energy personnel. It was planned at my house for June 23. This would have been a brief presentation by our Tesla Energy Advisor as to the overall installation of our 8.125 kW array and support equipment as well as the advantages of having a Powerwall in the loop and a charging station, for those fortunate enough to have already moved to electric vehicles. I planned on giving rides in my Model S and at least one Model 3 owner was expected to attend.

Our Tesla Solar Home Update — It Just Gets Better & Better!

As I write this on a Tuesday morning, we are just beginning our 5th week of operation of our Tesla solar array + Powerwall setup. I thought it would be a good time to share the operational experiences and learning curves we’ve gone through to optimize operation and minimize our exposure to grid-supplied power. For anyone who hadn’t read my first article about the Tesla Energy experience, the short version is that we installed an 8.125 kW solar array on a predominantly south-facing roof on our 2800 sq ft colonial located in the woods 6 miles to the west of the village of Woodstock, VT. In addition to the array, we had Tesla Energy install a Powerwall 2 and a dedicated 48 amp vehicle charger.

The Fascinating Tesla Short Story

The official numbers are now in and more than 38 million shares of Tesla (Nasdaq: TSLA) were in the hands of short sellers as of April 13, 2018. That’s a whopping 10 million shares picked up by shorts in just one month’s time and a strong indication that TSLA short interest topped 40 million shares later in the month. To put the numbers in perspective, TSLA shares held by shorts during the past 12 months have previously ranged from 27 million shares to a bit over 31 million. Even with those lower numbers, TSLA managed to sometimes hold the title of the most shorted stock in the USA! Above 38 million shares, though, that means that more than 30% of Tesla’s tradable shares are in the hands of entities that are betting the stock will lose value. The track record of those who bet against Elon Musk is not good, particularly when the number of shares sold short reaches such epic heights.