Journal Entries..

The future of energy, internet service, and autos.

Tesla surpasses GM as the #1 American auto stock.

 

Tesla is going to be a national energy company and global internet service provider within the next 5 years.

 

I've been a supporter of Tesla since Elon Musk announced his goal to establish clean/fuel efficient cars and clean energy. All while being proactive with his goal trying to keep this thing we call our planet alive or at least extend it's life for another 200 years.

 

If you do any real research on the climate you will see the current conditions (now) have exceeded the worse case scenarios from the 1980's, the 1990's, and the most recent projections. The actual projections put us over "the red line" which is considered a worldwide disaster. You only need to look as far as Greenland. Greenland is basically one giant glacier. Glaciers typically move at slow speeds and they also hold massive amounts of water. The Greenland glacier is 2 miles thick in the middle at the most dense point. Unfortunately glacial lakes are being creating at a much much higher pace due to "dirty ice". This dark colored ice comes from excess carbon in the atmosphere. The ice gets a dark color to it and absorbs more heat from the sun thus creating sapphire blue lakes. Once they reach a few miles in size the burst and rivers run off. These rivers travel for quite a distance connecting with other streams and rivers from other glacial lakes. Then all of a sudden they fall, usually over 1 mile directly downward. Where does all of this water go? It acts like a lubricant to move the glacier faster. Right now the galcer is moving over 40 meters per day and the thickness is shrinking about 20 feet per year. These numbers are staggering. When the glacier moves eventually it comes to the ocean and "pieces" fall off. The massive size of the icebergs they create are measured in miles. This cold fresh water which melts from the glaciers effects our current weather patterns. If the entire ice sheet on the island of Greenland melted the ocean would be raised 20 feet. But that's just the tip of the iceberg. Pun is intended. Twenty feet would mean every coastal city would be gone. This is inevitable. What we are now trying to stop the the antarctic ice melt. Antarctica holds 70% of the world's fresh water and if it melted the sea would rise 200 feet. Life wouldn't be able to adjust to this kind of change. Denver would be ok.

 

Why did I talk about big glaciers and ice sheets before i begin to talk about profits and a company I like. A company I think will be my generation's GE. Well unlike past companies Elon Musk started his career in South Africa (where he was born) coding. He coded his first game at the age of 12, it was called "Blastar" and he sold it. Eventually Elon moved to Canada for schooling. His self taught programming did not stop however. He started another venture this time something called Zip2. It was a utility to compress files (make them much smaller). This made him a millionaire. Even though this technology sold for $300 million Elon received around $22 million dollars. Shortly after this venture he started x.com. This was suppose to be a financial services and email payment company. Elon put $10 Million of his own money into this venture and eventually merged with another company but maintained primary ownership. This company he merged with was called Confinity and they had a money service called PayPal. Elon liked it renamed it PayPal and it became what it is today. He sold this to eBay for $1.5 billion he received about 300 million and still held around 11% of the stock.

 

This is when Elon decided he had the means to do what he really wanted to. In 2001 he traveled to Moscow, Russia to look at inter continental ballistic missiles. These were for his next venture "SpaceX". This company is still privately held. He was laughed out of the room when he traveled to Russia the first time so he went again but the next time he hired the top name from NASA's CIA venture capital arm. This time they took him very serious. However Elon demanded a lower price, and when the Russians wouldn't budge he left. On the way back to America he told the man he hired it would be cheaper to make his own rockets. And he was right.

 

Let's fast forward to today May 28, 2017. Tesla is the biggest "American Auto Company", but they don't just sell cars. While Tesla makes the best, top of the line electric cars in the world this is not the primary reason why their stock price is so high. As a matter of fact one of Elon's assistants was quoted saying Elon had a massive fit at their facility in California where they build the automobiles. Even though the facility has 4,500 parking spaces, they have about 6000 employees not including inventory. He needed more parking! I am only mentioning this because I know a few people who own quite a large amount of stock and I give tech tips every now and again. When I bring up Tesla the first thing people say is I don't see people driving Tesla's everywhere. But that's not the point. Tesla is a much bigger company than just cars. As a matter of fact I would put the auto sector number 3 on the list, putting energy and internet above them.

 

Tesla has what's called the "Powerwall". It's a battery about 3 feet tall by 1.5 feet wide. Picture a large backpack. These batteries are currently being installed in California and Nevada using solar panels. Tesla's crews are out 24/7 installing them. They turn your home into its own utility company. Alot more people would have been installing them if the solar panels were in shingle form. Tesla unveiled their new shingle product about 2 weeks ago. They have a lifetime warranty and come in any look you want, wether thats slate, tuscan, or regular fiberglass shingle. https://www.tesla.com/solarroof you can see the shingles here. This is a game changer. I can imagine more companies will produce these kinds of products and price will go down so in time everyone will have this. And remember what do ALL of these things have in common? They are all clean renewable energy products.

 

Next I am going to talk about the facts then something I believe is going to happen. First Tesla is already projected to make 30 Billion within the next 3 years internet revenue. This means all of those satellites SpaceX has been putting in orbit will be utilized by Tesla, and not just for GPS in the autos, but also for high speed internet for users across the globe. This is something no other company has access to. Apple announced last year they were not in the auto business. Saying they were going to leave the professionals to do what they do best (making cars) and we will do what we do best (technology). Apple already has the best self driving car technology. But who is going to use it? I believe if Apple bought or merged with Tesla they would be the most important consumer / corporate company for generations. They have all of the technology to build a giant network to build out the ISP Tesla would need and they also have a ton of cash on hand. Apple has also hired the 2 best people in the satellite field a few months ago. Why would they do that unless they are working on satellite technology right now?



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5/28/17 @ 12:30PM EST -- incomplete -- have to go leave -- need to proof read and finish. -- 
https://www.bloomberg.com/news/articles/2017-05-26/electric-cars-seen-cheaper-than-gasoline-models-within-a-decade need to add dozens of refrecnes as well




By Brent Joyce

Your life in the palm of your hands. Smartphones.


Entry #1 ..


After graduation or you're done with college the typical millennial will have the following: A smartphone, laptop, bed, furniture (very limited), great stories, and hopefully a diploma. Most other things will be thrown out; for example notebooks, books, futons, and things of that nature. What are we forgetting... Oh yes, the typical millennial will have an absurd amount of debt as well. So let's try and take a look at this from the perspective from someone who is a millennial (well technically) but now I find myself with a job, an apartment, and a car. None of those things were easy to earn by the way. It took me almost 3-4 years after graduation to get into my first apartment, which I now call home.

Today's job market is saturated with BS’s aka bachelor of the sciences degrees, MBA’s aka Master’s degrees in Business, and JD’s Juris Doctorate's aka graduates of “accredited” law schools. Oh and by the way this doesn't mean you're a lawyer, you will need to pass the BAR exam for that small specification which gives you the actual ability to practice law. There was a time when you didn't even need to attend law school to be a lawyer, you could just take the BAR exam, and if you passed you were a lawyer in that state. Now not only do you have to go to law school but is has to be an “accredited” law school as well. Now strapping on the additional weight of just a bachelor's degree like I did is quite a lot of debt in and of itself, but when you start adding master's and law school on top of it some students can come out of school with upwards of $500,000.00 in student loan debt. Typically this would be a good thing (having the degree(s)), however these educational accomplishments are typically the same thing in theory. And when there is over saturation in basically every professional field it provides for a very competitive job market, one where everyone won’t get a job. The bachelor’s degree graduate today like myself from Penn State are usually an accounting, business administration, communication, history, marketing, or management majors. The Master’s are usually in social work, psychology, business, teaching, accounting, and finance. And by the way masters programs are almost the new bachelor degree add on to get a decent paying job right out of school. Lastly we have the JD’s. There have never been so many people applying to law school and graduating looking at the overall numbers starting at the beginning of the last decade. Lawyers have less of a hard time finding a job, again though the market is saturated and the jobs usually require SUPER long hours with minimum amount of pay. If you are lucky and know the right people you may be able to get into a good firm with a decent salary (but remember you need to bill, bill, bill!). The majority of new lawyers will get a job at a law firm, work unbelievably long hours to make their bosses or partners in the firm rich. There is a bit of a trade off though. While you're working insane hours, you're learning how to be an actual lawyer in the real world and there is no substitue for that. The other thing about the JD degree is you’re basically working from paycheck to paycheck. We usually use that term for people who have poorly paying jobs and need each paycheck to pay for their responsibilities every month. The same thing applies to most new lawyers. They are dependent on each and every paycheck to pay for their astonishingly large student loans, maybe a car payment, and a mortgage or rent payment, along with the necessitates to clothe themselves and feed themselves and / or their families.

Now why is it a smart phone is so very important to this generation of people? Well firstly most people who are graduating from college today with a bachelor's degree, associate's, masters, JD, etc will move back in with their parents almost immediately. About 75% of young adults don’t have the money, or their parents don’t have the extra money to get them a place of their own right out of school. Some of these people will start applying for jobs right away, but with the necessity to have a masters degree or some "experience" to get a decent job with a salary most young people will take an hourly rated job just to get by until the right moment presents itself. Again, after this move they still don’t really own anything, and with our current economy are unable to start creating any positive credit. Next we have the person who gets their JD. Through research I have found out this segment of graduates typically go straight from college to law school. However…. they still move back home to study for the BAR exam until they feel like they are ready to take the exam to become an attorney. I actually have personal experience with this. My oldest brother is an attorney and I remember when he graduated law school he moved home to study for a good 8 or 9 months. He got a job before he passed the BAR, took the BAR, and he passed it on his first attempt. He was out of the house within about 18 months. My oldest brother is about 36 though and he really does not fall into the millennial segment. He was never attached to a cell phone like our group is. I think he got his first cell phone when he was a sophmore in college and it was only because it was provided to him by the company he was working for while getting his undergraduate degree at The University of Pittsburgh.

Now here is the reason the millennial segment is so attached to their smartphones. The smartphone truly becomes a part of "our" humanity and culture. The smartphone becomes more than just a phone. The smartphone is an object that no one can take from us, we own it, even if the service is off for a small amount of time (maybe we have WIFI, but even without it) all of our contacts, data, photos, social media environments, apps, music, email, bookmarked links, navigation and GPS for your car, streaming radio, dating apps, credit card apps to access your info easily and efficiently, your calendar, weather, books, payment methods, your watch, transportation (uber), is on this singular device. I can go on and on about all of the different types of applications and data which may be on your smartphone, but I think you may get the idea. The entire point is this device is ours this is the one thing millennials figuratively and literally own. This little box is something we stuff our entire lives into and feel superbly close to and in need of. If you take time to notice you will see most younger people will either be holding their smartphone in their hand or it is close by AT ALL TIMES, maybe in a pocket or purse.

Now let me get back to the job market for a minute. Not only do we strive for sucess and want to use our skills and knowledge to the best of our abilities but the way in which we connect to do those things are now all mainly done through online job websites such as Monster, etc. Where do you think a millennial goes to get their news and search for jobs? Yep, they use their smartphones. One of the best applications to be introduced for people who are currently working and would like to make new contacts or maybe even find a new job is LinkedIn.

Today's smartphone for the millennial is so intrinsic it is like having your life in your hands.

By