First Republic Bank (FRC.N) and Western Alliance (WAL.N) said on Friday their liquidity and deposits remained strong, aiming to calm investors worried of a spill-over of risks from troubled startup focused-bank SVB Financial Group. BREAKING UPDATE : The US Government will cover the deposits 100% and funds will be available Monday. Any losses will be …
EMERGENCY POD: Jason Calcanis on SVB (Silicon Valley Bank) implosion and what impacted founders should do. FDIC has taken control of SVB. Uninsured depositors will only get IOU which gets money after liquidation. Insured depositors only get covered up to $250,000. A funded startup would usually have over $1 million of funding. It is generally …
Here is an analysis of the available information for the electric Semi trucks that are currently available. I could not find detailed pricing for many of the electric semi-trucks because they have variable pricing based upon the location and situation. I believe they adjust prices based upon the available incentives. There are huge $185k incentives …
There are huge subsidies for electric semi trucks and several major places like California are requiring 30% of all new tractor-trailer sales by 2030 be electric trucks. I have a detailed shopping guide comparing the price and main capabilities of all class 8 electric trucks on the market in the USA. I also cover some …
Assuming each EV travels 12,000 miles annually, consuming approximately 300 Wh/mi of AC energy and assuming 4.9 % system losses for transmission and distribution, then each EV will require 3.8 MWh/year of energy generation. If there were 10 million EVs in California then they would need 28 TWh/year. The US has added up to 100 …
California and Germany could both act to save their remaining nuclear power plants. California could save one nuclear reactor that provides 15% of its clean power and Germany could save reactors that would prevent adding about 60% more natural gas. Germany has been short natural gas that it imports from Russia. The California Diablo Canyon …
The United States is the largest market for stationary (battery) storage in the world. Bloomberg New Energy Finance predicts that annual demand for lithium-ion batteries will surpass 2.7 terawatt-hours (TWh) by 2030. 800 Gigawatts of battery storage at current prices is about $1.5 trillion. Prices will be high for the next two to three years …
The national average price of gas in the U.S. surpassed $5 per gallon today for the first time ever, according to GasBuddy, the leading fuel savings platform saving North American drivers the most money on fuel. There has been months of gas price increases across the country, accelerated by the rise in seasonal demand amidst …
Tesla sold more cars of any kind than all other carmakers other than Toyota and Honda in California in the third quarter of 2021. California passed 10% for EV sales in the third quarter. Passing 10% for EVs for total car sales seems to be a major milestone. Norway went from 10% EV sales to …
The Shasta County District Attorney’s Office has filed a total of 31 criminal charges against PG&E. The 2020 Zogg Fire killed four people. There are felony charges for sparking the 2020 Zogg Fire through criminal negligence and four counts of involuntary manslaughter. The charges also include enhancements for injury to a firefighter who was paralyzed …
There were traffic jams throughout most of South Lake Tahoe Monday afternoon as the city is evacuated ahead of the Caldor Fire. 20,000 people live in South Lake Tahoe. There will be a red flag warning for gusting winds that are expected to last until 11 p.m. Wednesday. Highways 50, 88 and 89 all closed …
