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Tesla open charging protocol picks up interest with carmakers

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Ever since Tesla Motors announced last week it was opening some of its charging patents to the competition, a few carmakers have indicated interest. Although we could argue who stands to gain the most, the winners are electric vehicle (EV) owners.

BMW and Nissan; CHAdeMO, CSS and the SuperCharger

The EV charging protocol landscape is getting crowded and Tesla knows it needs to be rationalized. Eager not to repeat the Betamax/VHS debacle, Tesla tried to nip in the bud the futile war fought between the different protocols. Officially, Tesla and BMW want to promote electric vehicles, which means finding a way to work on a communal EV charging technology. By coming into the game after many carmakers are establishing their EV presence, BMW hopes to bypass the process. This would give the German company access to a technology it won’t have to design and spend resources on. For Tesla, BMW is a partner that lends it even more credibility in the world of EVs. It’s a win-win situation.

ALSO SEE: BMW, Nissan and Tesla to Develop Universal Charging Network?

But if BMW could be the first automaker to access Tesla’s supercharging technology, that would put others at a disadvantage. Enter stage left, the world’s largest EV maker, Nissan. The Japanese EV maker is backing CHAdeMO that hopes to become a de facto protocol. Although the company has a working relationship with others supporting the same charging protocol, Nissan using Tesla’s charging system would tip the balance of power towards Tesla.

Tata and CarCharging

tata-jaguar-land-rover-logoThose who stand to gain the most from an alliance with Tesla might not always be the biggest companies. They might the sleeping giants. That description fits the Tata Group perfectly. The company now owns Jaguar, Land Rover and has been working with MDI, a small French compressed air car company I was fortunate to test drive back in 2009. The Nano is making waves with its affordable price, but one thing is missing. Where are the EVs? Tata’s intention to use Tesla’s charging system means the company is seriously looking at EVs.

As far as CarCharging, it is a well established company in the charging world, which stands to win big from a Tesla alliance. With its wide Blink network, its reach could mean serious coverage for Tesla. While it only plans to add Tesla-capable adapters to its charging stations, we hope this will lead to a more fruitful collaboration in the future.

The bigger picture

Tesla-Nissan

The bigger picture with a Tesla-BMW-Nissan and now Tata, CarCharging alliance would mean the carmakers would have a wide coverage of the most important car markets, notably Asia, Europe and the U.S., as Gas2.org mentions. This also leaves other makers in the undesirable position to acknowledge once more Tesla as a serious disruptor. With CarCharging needing to revamp its Blink network, these highly visible EV players joining forces could force an entire industry to adopt Tesla’s charging system. This would set in motion Tesla Motors’ not-so hidden strategy to become the center of the EV. After all, no one is claiming this position, at least not in any intelligent ways.

All of these companies have expressed interest in working with Tesla. These are bold moves from carmakers who have been around for seven decades, and a startup, itself a fixture of the EV landscape. Anyone care to see where Tesla is going with this move?

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Source: Gas2.org

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Elon Musk

Elon Musk sheds two new bits of detail on Starship after 13th test launch

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Credit: SpaceX

Elon Musk shed two new bits of detail on Starship following its 13th test launch, which was an overwhelming success.

SpaceX launched Starship for the 13th time last Friday after two delays: one on Monday when several Raptor engines did not ignite, and another on Thursday due to unfavorable weather conditions in Starbase, Texas.

The launch was overwhelmingly successful. SpaceX was able to complete a necessary test of the heat shield tiles by increasing the acceleration of Starship from launch throughout the flight; 20 Starlink v3 satellites were released with no issue; the Super Heavy Booster landed safely in the Gulf of America, Ship successfully reignited engines while in space; and it also splashed down without incident in the Indian Ocean.

SpaceX Starship just nailed something it’s never done before

Nevertheless, more details are coming out about Starship, and Musk is doing the talking.

Starship Will Be Retrieved in the Ocean

Musk revealed on Tuesday night that Starship would be recovered by a ship in the Indian Ocean. SpaceX routinely tries to recover Starship after splashdown in an effort to find out more about the flight by examining the spacecraft afterward.

This helps engineers find out more about why things might have happened, allows them to examine any potential damage or anomalies that might have occurred, and increases the chances of an even more successful flight next time thanks to the additional information recovered.

Ship Could Have Been Caught by Tower Arms, Musk claims

Musk has already indicated that SpaceX will plan to attempt a catch of Starship with the 14th test flight. While this would be a major accomplishment, it would be an expected next step, considering the fact that the Super Heavy Booster has already been caught by the chopsticks on numerous occasions.

A ship catch would be a great indication of where SpaceX stands in terms of reusability and launch cadence. A successful catch with relatively no incidents would be a good sign that SpaceX is nearing a more frequent launch of Starship, but also that the reusability of the massive rocket would be something many would expect in the near future.

It is a necessity to make life multiplanetary.

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Elon Musk

Elon Musk updates the SpaceX timeline for Mars

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Rendering of a colonized Mars by way of SpaceX
Rendering of a colonized Mars by way of SpaceX

Elon Musk has updated his timeline for when humans will walk on Mars and for when ships will simply get there.

The objective of getting to Mars has been one of Musk’s biggest goals since becoming a serial entrepreneur and realizing that time on Earth is limited. Musk has said several times he hopes to die on Mars, and not by impact.

Musk now believes that people will be on Mars in “roughly 5 to 7 years.” He said that a Mars lander will get there “a few years sooner.”

The response from Musk comes after NASA Administrator Jared Isaacman said that SpaceX’s biggest priority is the Moon and not Mars. Because of this, Isaacman conceded that he believes nuclear power and propulsion investments will provide “potentially the pathway with the fewest miracles required to put four people on Mars in the next 10 to 15 years.”

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Of course, this is what NASA can do through taxpayer funding and nuclear investments, he added.

Musk’s grand ambitions are much more optimistic than most, and it is certainly a double-edged sword. This is not the first time timelines for Mars have been somewhat lofty, especially to those normal thinkers like you and me, not super geniuses like Musk.

SpaceX Board has set a Mars bonus for Elon Musk

In fact, the SpaceX and Tesla frontman has said on at least a dozen occasions that we could be on Mars in the coming years. Musk said 2020 would be the big year as early as 2009. In 2020, he was “highly confident” of a landing in 2026, and had even said 2024 in a best-case scenario.

The point is, the range has varied, and it’s anyone’s guess when we’ll get there. This latest adjustment to the timeline is typical of Musk, and while the Moon has seemingly taken priority over Mars, it is still worth mentioning that the ultimate goal is to make life multiplanetary, and it starts potentially with the Red Planet.

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Investor's Corner

SpaceX gets an absolutely crazy price target after rough IPO

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Credit: SpaceX

SpaceX (NASDAQ: SPCX) got an absolutely crazy price target rating from Raymond James after the company experienced a tough first few weeks following its Initial Public Offering (IPO).

Despite the tumultuous start, SpaceX has plenty of believers, and the company’s massively successful Starship launch last Friday, its 13th test flight of the massive rocket, went so smoothly that Raymond James analysts pushed its price target on the company to roughly 7 times its current trading level.

SpaceX Starship just nailed something it’s never done before

The firm officially put a “Strong Buy” rating and an $800 price target on the stock. It currently trades at around $113. Its all-time high is $225.64, reaching this trading level shortly after shares first went public.

Raymond James’ price target is tied to the firm’s confidence after Starship’s 13th test flight. Analysts at the firm said it was an incremental step that reduces engineering risks, citing the widely successful heat shield test that CEO Elon Musk recently detailed, the smooth deployment of Starlink V3 satellites, and a successful in-space engine relight.

SpaceX also managed to see Starship splash down safely in the Indian Ocean, while the Super Heavy Booster fell down to the Gulf of America with no incidents.

It is interesting to see these launches have such a tremendous impact on the stock and what investors think of it. After SpaceX initially delayed the Starship launch last week, shares fell tremendously. Most probably did not realize that the stand-down is a standard practice, especially if everything is not perfect.

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The mission was initially aborted due to an issue with Raptor engines. This was resolved, and Starship launched last Friday after another delay on Thursday, which was caused by weather.

Now that analysts have seen what SpaceX launches are capable of and how impressive the feat is, firms are adjusting their price targets accordingly, making it known that they have high expectations for the space exploration company.

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