If they are indeed behind schedule producing batteries, it would not surprise me if they made the decision to wait to install power packs at the Giga factory, until the manufacturing for them was running smoothly. My understanding is that they are doing the same with solar panels, waiting until the Buffalo facility is up and running. If power outages is actually a problem for the manufacturing, you can bet they are scrambling to get power packs installed. Even so, it would take some time, they would have to submit plans for permit, get the permit, install, get inspections, commissioning etc.
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Phil LeBeau disappointed me with his click-bait tweet. He tweets as though he apparently agrees with the Tesla short seller and put owner quoted in the article. He may have been restating opinions expressed in the article, but it comes off appearing as his own opinion.
Modern "journalists" too often rely on questionable quotes from those with vested interests to obtain clicks. That particularly should not be the case with financial news, but sadly it is nowadays. It wasn't the way it was done during my time in the profession.
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Like I said, just enough fodder to create a smidge of credibility and sow seeds of doubt. Communication problems can occur in any team and not insurmountable especially with Panasonic which have factories all over the world, not just Japan so they are used to dealing with the international community.
Krugerrand
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I’m all about feeding him as much rope as he can wrap around his neck.
If those comments, on what looks to be a very thinly read comment section, on an obscure article about Tesla were a complete fabrication to spread FUD, that was an incredibly subtle, long con way to go about it. The poster had a long history of comments that made it at least look credible that he lived in the area. It was not even that negative, as he indicated that they were quality obsessed. The negativity was toward Panasonic and not really Tesla. And it does not seem to have spread to all the other major news sources.
I think that whoever posted that comment might have an incomplete view of the bigger picture of what is going on, and may be biased in multiple ways, but at least in his mind, he thinks it is a fair representation.
Very good. Thanks for sharing. It's headed north on the Outer Drive (what youngsters call Lake Shore Drive) approaching Jackson Drive. He must be going to the Cub game. Go Model 3! Go Cubs!
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Off topic but I've been wondering how the tax rebate will be handled as it runs out next year. How is the IRS going to know who gets the rebate? I first thought that Tesla would report who bought cars within each rebate period (full, half etc) and when individual taxes were filed then the rebate would be given that way. However, not everyone qualifies for the rebate and therefore the IRS will not know until everyone has filed meaning someone that qualified may miss the rebate.
Anyone with a better idea of how this will be handled? I have a December-Feb delivery window but with the recent delay I'm not expecting my car in 2017. I've been considering buying a model X before year end but haven't been able to justify the extra expense. If cost was the same I would prefer the X due to lower back issues.
Anyone with a better idea of how this will be handled? I have a December-Feb delivery window but with the recent delay I'm not expecting my car in 2017. I've been considering buying a model X before year end but haven't been able to justify the extra expense. If cost was the same I would prefer the X due to lower back issues.
My understanding it is ALL about sales/delivery number: Tesla reports each sale/delivery in the US to the IRS regardless of whether you qualify for the tax credit up to the 200K vehicle number.
Then, the clock starts ticking for the following quarters and decreasing tax credit.
The government in Norway wants to add a registration tax on BEVs based on curb weight. The only BEV affected seems to be the Model X with up to 10k USD in added taxes.
Google Oversetter
It remains to be seen if this proposal will survive the negotiations with the other parties, but this is definitely a surprising move. If it is implemented, the impact to Tesla should be minimal, at least for 2018. But the tax would likely be increased over the next few years.
I think it could pass, but only with added taxes to the PHEVs as well. I find it unlikely that the Liberal Party would support this proposal, without something in return.
Google Oversetter
It remains to be seen if this proposal will survive the negotiations with the other parties, but this is definitely a surprising move. If it is implemented, the impact to Tesla should be minimal, at least for 2018. But the tax would likely be increased over the next few years.
I think it could pass, but only with added taxes to the PHEVs as well. I find it unlikely that the Liberal Party would support this proposal, without something in return.
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Ah, I guess it depends on how it's worded. If it states first 200k vins are eligible for rebate vs there being 200k tax rebates. I see your point and that makes sense. Thanks.
Reciprocity
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It really shouldn't be that hard. I am sure that Tesla has to report to the Fed when they deliver the 200,000th car. From there, anyone claiming the credit must take delivery of the car in that quarter or the next for the full credit. The next two quarters for the 1/2 credit and so on until its completely phased out. Since this date will more then likely be mid year, it wont be a mystery by the time you file your taxes, though you are correct that you might not exactly know the day you take delivery, but im sure your sales person will let you know.
I am going to go out on a limb and say you will be find if you take delivery by Feb. 2018. But I would buy an X instead anyway.
RobStark
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Government approvals seem lightning quick in Storey County Nevada.
Some building permits for the GF happened within 24 hrs.
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@AIMc understood my question and I believe has the right answer. My initial thought was how do they know how many within the final 200k + additional qtrs are not eligible for the tax rebate before that years taxes were filed. It's never been an issue until next year when Tesla is the first to reach the cutoff. I agree with AIMc that it's 200k vins are eligible, if there is 10k people in that 200k that don't pay enough taxes it doesn't matter, it doesn't extend to 210k vins. This makes it easy and clean, not sure why i didn't think of that.
I'm going to reach out to the last Tesla sales rep I test drive with and see what type of inventory model X they have.
Reciprocity
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Not certain that you get it.. Here is the scenario that is actually very likely to happen.
1) Jan 15th, 2018 - Tesla delivers its 200,000th car in the US. Every one of the 200,000 qualify for the credit.
2) Since it was delivered in Q1, every car delivered in Q1 and Q2 get 100% of the credit. You just have to take delivery in the quarter.
3) I dont care how the Fed knows, if they audit you and you took a credit you shouldnt its on you. There is no magical way to take the credit, you just fill out the right form and put your vehicle information including VIN.
4) The next 2 quarters are half and then next two after that are half and then 0 tax credit after that. It does not matter how many cars. If you take deliver in Q3 or Q4 its half the credit. If you take delivery Q1 or Q2 of 2019, then its 1/4 the credit. It does not matter how many cars.
5) You dont file your 2018 taxes until 2019, so you will know if you dont know before from your sales rep or when you place your order on the site. There is no mystery it will be well publicized.
We should know exactly what the proposal is tomorrow, but these sorts of leaks are generally reliable.
Another source: Google Oversetter
This is by the media called the Tesla-tax, but as Yggdrasil says the way it's worded it seems the S will get around $1000 and the heaviest EVs (which is the XP100D) get upto around $9000. Keep in mind this would probably affect the Audi Quattro Ev they've accepted preorders for in Norway as well. As we don't know if this gets voted in yet or the specifics I can't say much more right now. Officially the budget is published tomorrow and then it needs to be voted on, so regardless the earliest the effect will come is 1 jan 2018. So Q4 might be very aggressive for Norway sales of X and S.
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