Notes From All Over, Part 1 -- October 16, 2019

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BofA: profit beats expectations; revenue surprisingly rises; stock jumps; also, at Barron's;

JPM: profits rise 8% to top estimates; the nation's largest bank reported a profit of $9.08 billion, or $2.68 a share; forecast: earnings of $2.45 a share. A year earlier, the bank reported a profit of $8.38 billion, or $2.34 per share.

Tesla: show a sudden drop in August and September sales. Credits ending. Link to Fortune. 

... registrations were up 93.3% year over year in July 2019 in the 22 states the company tracks. However, registrations in August 2019 were down about 38% from the same period in 2018 and by 18.7% in September.

In total, the third quarter of 2019 still had more registrations between the Model 3, S, and X than in 2018, but that was because of the big jump in Model 3s in July: 5,008 in 2018 and 11,823 in 2019. 

Shocked: solar panels don't provide power to one's house during a utility blackout. Home solar panels are tied into the grid; they do not provide electricity to one's own home.

America's most "environmentally conscious" state got a harsh lesson in electrical engineering when many of the tens of thousands of people hit by this week's blackout learned the hard way that solar installations don't keep the lights on during a power outage.

That is "because most panels are designed to supply power to the grid, not directly to houses. During the heat of the day, solar systems generate more juice than a home can handle. However, they don’t produce power at all at night. So systems are tied into the grid, and the vast majority aren’t working this week as PG&E cut power to much of Northern California to prevent wildfires."