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Yeah, really? The Biden administration couldn't pass the IRA without Joe Machin who explicitly shaped the bill to focus on American manufacturing of EVs/batteries/mining. Everyone needs to acknowledge (regardless of their political leanings) that it has been more than dishonest that the...
NEV includes hybrids, whose subsidies are permanently expiring this year (with future subsidies for EVs only). There is a major blowout/last hoorah for hybrids in China since it’s game over starting in 2023.
From what others reported in this TMC thread, the $3,750 incentive was available to all people while the $7,500 was incentive only for those who had reservations, were able to pickup, but had not yet picked up.
One new strategy Tesla has at its disposal after increasing production efficiencies/capacity is to be able to have a new buffer zone (or elbow room) to be able to shut down the plant for longer (reducing overhead expenses) and yet being able to output still greater number of vehicles than at the...
BYD’s recent 5-1 sales include a large # of hybrid sales too since China’s hybrid subsidies are supposed to be permanently expiring in 2022 (similar to in Europe due to the realization threat hybrids are slightly more efficient ICE cars in disguise). Most expect this to be the last hoorah for...
Actually, macro has materially changed. Jay Powell announced the expected 0.5% rate hike, but no one expected his plan to keep rates elevated for much higher and much longer which will kill car and house sales for much longer (likes years longer).
Yup. I’ve made at least 1 if not more previous posts about how since TSLA’s 3 to 1 split, liquidity has only increased so it’s super easy to short now and CNS (continuous net settlement) basically causes any failures to be washed through the system and never registering as FTDs (fail to...
I wish we could all chip in and buy Elon a speech filter as a present: just because he can say something doesn't mean he should, especially if it can be ammo for the media to distort, e.g. give them an inch and they will take a mile.
But as you mentioned, the media will distort and twist this into: "Elon said Tesla will have negative margins in 2023!" to tank TSLA down further, GRRR!