Search results

In 2019 Tesla’s federal tax credit phased out ($3750 in 1H and $1875 in 2H) and Tesla vehicles were not eligible for tax credits for the next three years (2020-2022). Reduction and then elimination of the tax credit over a four-year period is likely a major factor slowing US EV adoption in that...

A brief interruption from the Q1 ER to report that the Silicon Valley New Car Dealers Assn says full EVs exceeded 40% for the first time in Q1 (40.4%) Tesla had 29.3% market share, more than 2X Toyota (13.7%) and 4X Honda (7.3%), who were a distant 2nd and 3rd place. IMO EVs still on a path to...

Heard lots of good things about Madison Trust for self-directed IRAs but they were a nightmare to deal with the one time I worked with them and their foot dragging and bureaucracy led to me missing out on an opportunity — despite the company I was trying to invest in being very patient and...

You can invest with Forge with retirement account funds through entities like AltoIRA. Alto | Invest in Alternative Assets with a Self-Directed IRA There are other entities out there who act as IRA custodians so you might want to check around but I’ve generally had good experiences with Alto...

Elon said that reports that the Saudis and UAE were planning to invest in SpaceX were “not true”.

Thank you for the shout-out (and it was great to meet you in person!) A couple additional thoughts/data points I thought were worth sharing. First, a clarification — Santa Clara County (just south of San Mateo County) is usually considered the heart of Silicon Valley. Minor nitpick but the...

I think both #1 and #2 are intertwined with #3. Tesla's extremely low P/E relative to growth is a vote of no confidence that the company can maintain growth, profitability or both. Some of that is likely due to macro and some likely due to questions about Elon's management of the company and...

Elon is not acting like someone who wants to run even one public company much less two. He's also not behaving like someone positioning one of his companies for an IPO. With that in mind, IMO a Starlink IPO is unlikely until: (1) At least a modest tech stock recovery (2) Elon toning down his...

I am painfully familiar with this process after the Trump administration imposed countervailing tariffs on one of my major food groups -- French wine -- after the WTO gave them the green light to respond to Airbus subsidies. Quelle horreur!😜

Just a quick follow-up to point out that so far the EU's "retaliatory" response to the IRA has been to propose subsidies to bolster the local clean energy industry, rather than "cut off its nose to spite its face" by imposing tariffs on clean energy products it desperately needs. Germany and...

The Advanced Manufacturing Production Credit is in a separate section and the credit appears to be based on production -- not sales -- in the U.S.. I don't see any limitation based on the geography of the ultimate purchaser or any requirement that the ultimate purchaser has to be based in the...

Lathrop only has a "puny" 40 GWh capacity. Tesla will need at least 25X the production capacity to reach its goal of a TWh scale battery storage business. So yes, they'll need Megapack production in Europe and Asia and probably other locations around the world as well. Europe seems to have...

One important aspect of Megapack financials that is worth highlighting is how big of an impact price increases over the past 16 months are likely to have on TE margins in 2023 and especially 2024. The biggest increases have been for larger systems. For example, a 1000 Megapack order at...

If the rumored late September date for a CPUC decision is correct it sets up the possibility for Newsom to be a hero by “fixing” any nastiness that comes out of the CPUC before the election. Or, at least as likely, he could continue feeding from the trough of PG&E, other utilities and their...

EV market share should grow around 65-70% per year which would cross over 50% in 2026-27. Considering ~25% of auto consumers already plan to buy an EV for their next purchase this is not as far-fetched as some people might think. 25% of Americans Want to Buy an EV as Next Car, Says AAA Survey -...

Yep. And CAISO doesn't analyze the potential cost savings from INCREASING distributed solar and batteries to avoid the need for some of their modeled transmission costs. It's frustrating how much tunnel vision the responsible CA agencies seem to have.

After the huge pushback from the public, the CPUC has decided to kick the can down the road and has taken NEM 3.0 off its calendar indefinitely to study the issue more. Given how much Governor Newsom seems to want to avoid this issue, I wonder if they'll push a decision until after November so...

Although I’m usually not a big fan of the California initiative process this is exactly the sort of special interests politics it is designed to fight. If the CPUC goes through with this, hopefully a strong proposal is put on the ballot to remove solar connection fees and incentivize more...

Ray's original tweet had an error -- Model 3 price increase was actually 15,000 CNY (not 2,000) -- about $2300.💰

No need to complicate the napkin math with a 14 year forecast. Simplified version: 50% annual growth for 4 years (through YE 2025), 15% net margin and 100 trailing P/E = ~$4T market cap, even w/o without Tesla network, robots, and other sweeteners:)

I think it's fairly new -- we're making progress!

Well, you will be happy to know that this particular problem has already been solved. Airbnb does allow searching for EV charging (see below). With more and more travelers wanting that feature I’m sure hosts will find ways to accommodate them (us).

Love those charts. Viktor's Q4 numbers may include some year-end oem EV channel stuffing to avoid emission penalties (2 of the past 3 Q4s are above the line in your lower chart), but acceleration is also a very real possibility. Either way, 2022 should be fun to watch ....

Model 3 production in Europe would be nice in the long run. Adding fleet purchases to the mix might help expedite/de-risk that.

@Troy @hobbes the September French data source linked in the chart doesn't include Model Y for some reason so the French data seems to be incomplete.

Very hard to predict -- given the extreme demand that's likely for 4680s and shortage of cells industry-wide I'm not sure 100% of the vehicle lineup will switch over to 4680s by the time Tesla adopts whatever form factor replaces the 4680s as Tesla's go-to.

It's only about 20 minutes from the San Jose airport to Tesla Fremont. And that's without plaid.😉

Hopefully the TMC Europe wiki team will finalize the numbers for UK, France and Spain soon, but spitballing: 1800+ for UK (SMMT has 2011 "Other Imports" and vast majority are usually Tesla). Car Registrations 2119 for France May In France: Plugin Vehicle Sales At 17.3% Share — Up 2.3× Year On...

Thanks @Xepa777. I'm still getting comfortable with the tail risks from earning interest on crypto but will look deeper into Gemini and Celsius. I don't have any issue taking risks for potential 10X returns, but it's a little different when the added risk (even if remote) is for an extra 5-6%/year.

Per @AudubonB's suggestion earlier today, I made a thread for Tesla investors to discuss the recent crash. To make it more useful, it can be used for future crashes as well. I believe I am owed some sort of points now.;) https://teslamotorsclub.com/tmc/threads/tesla-investor-crash-thread.226201/

For investor discussions of Tesla crashes and crash-related issues.

Interesting, PR flack on payroll of Tesla competitor (Argo AI) shows up on investment pages of Tesla forum. Another totally normal day in Tesla-land!🙃

Does anyone have recent experience or solid info on pluses/minuses of using Kraken versus other exchanges to buy/sell crypto?

I thought this Twitter thread had a pretty good summary of the bull case on Dogecoin.

@buttershrimp -- I think this thread is what you want: What other tech stock to consider? For Coinbase, you could also try here: Bitcoin, Cryptocurrency and Blockchain Discussion Thread

Good luck -- but just a heads-up that multiple sources have recently reported it is taking a few weeks to get an account set up at Binance, and it may take additional time if you need to transfer in cash v. other crypto.

I'm pretty disappointed in the FUD this quarter. It's usually more creative. 1.5 stars.

@eightofspades Sentry Mode should catch this unless your Sentry Mode settings exclude your home. You might want to check that. Sorry you are having to go through this!

Venmo is great for exchanging payments between friends but the artist is a merchant. PayPal charges merchants 3%. PayPal bought Venmo so no surprise that Venmo has similar fees for merchants -- 2.9% plus 30c per transaction. How Safe Is Venmo and Is it Free? (A side issue but Venmo doesn't...

From James Wang, who recently left Ark: https://twitter.com/draecomino/status/1362577769230716932 Still hoping some form of crypto takes off to meet the original vision of cutting out the banks/intermediaries for everyday purchases.

This is a red herring. @JRP3's post (copied below) assumed a person believed cryptocurrency was an appreciating asset, and suggested that it might not be a viable currency if someone believed that because they wouldn't spend it. I pointed out that if you believe crypto is an appreciating...

Let's say your checking account has a $10,000 average balance. After 5 years, it still has a $10,000 average balance. In an alternate universe, you put all your "cash" into crypto instead of a checking account and use your crypto account to pay bills and make purchases. After 5 years, the...

Gary drew a line in the sand saying he would sell $TSLA if it bought Bitcoin. It did and he sold. I suppose you could say good for him for sticking to his guns, but the BTC purchase represented only about 0.18% of Tesla's market cap -- hardly a basis to sell shares from a strictly dollars and...

I can see why it might be convenient to use one of these loans for short-term purposes but what's the advantage versus pulling money out of a mortgage (through a refi or otherwise) if you don't plan to pay the loan back relatively quickly? You might get a slightly lower rate, but mortgage rates...

I've already explained why a small weight difference won't overcome the economic benefits of the Tesla Semi so we will have to agree to disagree. I look forward to Tesla shaking up the trucking world even faster than the auto world.:)

The one ton difference is the total weight difference, and the 500-600 mile range is the range fully loaded. Far too much is made of weight. Most loads are limited by volume, not weight, and given the likely cost savings from the Semi a one-ton weight difference is not that significant even...

Elon has said the Semi will have about a one-ton weight penalty versus diesel. If weight is added for a sleeper cab, it will still be a one-ton penalty -- no difference (maybe a little less since Tesla is very good at finding ways to reduce weight). As for A/C and heat, Tesla has already...

There have already been reports that a sleeper cab version of the Semi is in the works. New Tesla Semi Video Shows 26 Cameras, Sleeper Also Coming The extra energy usage would be fairly trivial -- for example an efficient small fridge only uses about 0.5 kWh of electricity per 24 hours, less...

The Tesla Semi's main customers will be businesses that buy on a total cost of ownership basis, which is expected to be much lower for the Tesla Semi than a diesel truck due to much lower "fueling" cost, less maintenance, etc. DHL said it expected the payback period to be only 1.5 years and...

Evergreen Bitcoin/crypto post ....