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Well, what the rules should be and what the rules actually are are two different things, aren't they? IBD now reporting that the lease rule clarification does indeed allow tax credits for high-price EVs and high-income taxpayers...

Apparently not. Not if they can lease in January and collect the credit from taxpayers instead.

It would, though in the absence of taxable income, Tesla is unable to benefit from tax credits. Presumably Tesla would work with a (profitable, taxable) leasing company in years when Tesla has no taxable income.

It has. But then we had all the "big changes" enacted with the recent IRA legislation. Now, it seems those changes have been effectively overturned by the IRS - all you need to do is lease to get around those new rules. That's why Senator Manchin has been begging for different regulation and...

The issue is that Treasury Dept. has determined that leasing IS a commercial use. Thus, leasing companies are eligible for the CCVC, which they may pass along to the consumer in the form of reduced lease payments. See Topic G, on the last three pages of the IRS fact sheet...

Isn't this kind of a big deal? Both for Tesla and for foreign manufacturers? Does it also make vehicles over the MSRP limits eligible? How about all the taxpayers over the new income limits - do they get the $7,500 tax credits if they lease the car?

Is he saying that generalized FSD is many years away? Doesn't it take a long time to "solve a major part of real-world AI"?

We build or buy a brokerage too. Vertical integration. Have you learned nothing from Elon?

Perhaps Kimbal, if not Elon.

How should the one million Tesla robotaxis handle those highways next year? Blacklist? No-go zones?

Well, it IS going vertical; this sure ain't horizontal!

This.

Combined ratio includes overhead. They survive on investment income.

Did you get better?

Mmmmmmmm - oxidation! Homer Simpson Eating GIF - Find & Share on GIPHY

I take my coffee with me and drink continuously throughout my road trip. Why would you want a stop for that?

What loss? TSLA's been at this price level, more or less, for five years now.

Your projection is not linear. It is . . . . (wait for it...) . . . . EXPONENTIAL!!!!!!!!!!!!!!

It would not help. Orders do not produce profit. Sales do.

That seems like too many posts...

Or timed right after the SEC contempt filing, to try to buffer the stock price.

Well, Mr. Musk did say that the $35k M3 would "kill" Tesla. That was less than a year ago...

And any time you lose at poker, double your bet on the next hand. All you have to do is wait until you win one. Can't miss!

I did not say you created the graphs, just meant you conveyed them. I should have thought that was obvious. I am a libertarian, and have no need of testing to figure that out. You should have been able to guess that already ;) American liberals are not opposite of communists - they tend to...

Your graphs are needlessly confusing/confused. Better is a simple two-axis chart graphing the degree of government control (from complete individual freedom all the way to totalitarian government control) over two dimensions of human activity: economic and social. The four quadrants can then...

Your position can be simplified to the following, with absolutely no change whatsoever in meaning: "Nothing will change." And you're largely correct.

Not to mention Castro and Mao, who out-murdered them all! I suspect these omissions were intentional, however, and not due to forgetfulness. Liberals often have a soft spot for Communist butchers. They also like to pretend Hitler was not a Socialist, so as to evade association with his crimes.

I'm not so sure.... Lots of articles try to put the best face on the reporting. Wouldn't you, if you were a reporter? You want people to read your stuff, after all. And lots of CEOs try to imply more substance than they can actually deliver. Coast to coast FSD demo by December 2017? 20k...

No, DOJ does not pursue murky in court. That just makes them look bad. If they can't prove it, they will not prosecute.

The Donald must be considered a reform Republican. Clearly he's not a traditional one! I will watch out for Simche, though - thanks for the warning!

Kind of like saying production will "ramp up" "soon"? It's not always possible or appropriate to speak in full, specific detail. That goes for reporters as well as CEOs. When you don't have perfect knowledge, you report what you honestly can, to your readers or to your stockholders.

Well, I did exactly that in 2010 (and several times before that). It didn't work. I hope you find my experience in this matter helpful. ;)

I would like to understand the consensus here. Is it: a) The Journal and its reporter published false information, or b) They published truthful information, but in a slanted manner, with manipulative timing? What the article says is: 1. FBI investigating truthfulness of Tesla statements...

Wait, who do I vote for to end corruption?? Obviously not the Democrats or the Republicans...

What is the positive spin for this?

P&L has nothing to do with market action? "Absolutely" nothing? Good luck with your investing!

The same thing that would happen if the agreement were subsequently revoked, after the judge's signature. A reversal would be made in the subsequent accounting period, if appropriate. What 'seems like it would make sense' is quite frequently different from what GAAP requires. ;)

Incorrect.

You would, if you were an accountant. Costs are incurred when the agreement is made.

Do you mean 'Q3 profit effect'? GAAP requires costs be recognized when they are incurred. Since the settlement was agreed to in Q3, I expect Tesla's accountants will reflect the $20M cost in Q3. I don't see any wiggle room here on the timing under GAAP. Do you?

Why should today be any different? You can never be sure about all the reasons for any stock price movement.

I agree. Leaving Musk aside, could you not say the same of any Tesla board member? What relevant qualifications to any of them have? I also agree that it is an opportunity, but I expect it will be wasted.

Wow, that late? Do the Europeans know about this? Actually, I'm expecting substantial foreign sales in Q1, though I don't recall any recent guidance on this from Tesla...

How about "fellow human being"?

Sure. Let's assume it's "silent". ;)

When do you think we will see sales ramp up outside North America?

Who are the guns?

Seems needlessly unkind. I would wish success for any investor, long or short.

Don't let it happen again.