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Agreed.
Government stimulus doesn't always have the intended effect. It can get businesses into a market but once the stimulus goes away the market can go well. With the stimulus in place the fitness of the business model isn't really being tested. That's my concern with this recent talk of government backed EV charging stations. If it isn't worth it right now for car companies to build their own charging network(s) when will it be? Should the taxpayer foot the bill for 5-10-15 years until these charging networks either stand on their own? When are funds cut off? Tesla proved it was possible to build one just for their cars. I say let the other automakers cooperate to build their own network, they certainly have more money than Tesla has or had. Why make everyone without an EV pay, even if its pennies per person, for a charging network that they have no real interest in?
Given their cars I'd argue that Tesla didn't need the EV credit, although it certainly improved their sales by some amount by making it cost effective for people that were on the bubble of affording one able to afford one.
Chopr147
Active Member
Agreed. At this point it looks like good old competition will spur growth for EV's The Bush administration $7500 tax credit has done its job.
Chopr147
Active Member
The $7500 tax credits needs to end and let capitalism and competition take the reins. Sure I love getting money off my car but this was a temporary measure aimed at kick-starting the industry. Thanks to that and Tesla , most automakers have an EV or are planning one.
Comedy.
You folk DO know that the US President Harrison, was NOT Harrison Ford, right?
The modern US President is a figurehead used for Pomp and Foreign Military Intervention. The Congress has the power today, and it did not change it's alignment.
The most populous state in the Union, reached a new peak in Liberalism this election. We voted to tax ourselves more, stepped closer to abolishing the 2nd, and will allow everybody to get stoned so they don't care that they have bag their own groceries now. At least our Porno Industry got through unscathed. Oddly enough, we continue to agree that the State has the right to take the lives of those who the State does not want. We are nuts. Best I can guess is that they want the Death Penalty (which is seldom actually used) to stay in force to get rid of dissents in the future. We certainly don't use it on murderers much. Baby steps.
Will the higher taxes and higher percentage of impaired adults help or hurt Tesla Motors? I do not know. It will cost more to staff Tesla Motors in the coming years due to the law. Drug-free workers will now cost a premium. Employees will get taxed higher, hence if you want quality, you will have to pay more. But ordering self-driving cars for those who like to be stoned while driving to and from work will probably increase.
You folk DO know that the US President Harrison, was NOT Harrison Ford, right?
The modern US President is a figurehead used for Pomp and Foreign Military Intervention. The Congress has the power today, and it did not change it's alignment.
The most populous state in the Union, reached a new peak in Liberalism this election. We voted to tax ourselves more, stepped closer to abolishing the 2nd, and will allow everybody to get stoned so they don't care that they have bag their own groceries now. At least our Porno Industry got through unscathed. Oddly enough, we continue to agree that the State has the right to take the lives of those who the State does not want. We are nuts. Best I can guess is that they want the Death Penalty (which is seldom actually used) to stay in force to get rid of dissents in the future. We certainly don't use it on murderers much. Baby steps.
Will the higher taxes and higher percentage of impaired adults help or hurt Tesla Motors? I do not know. It will cost more to staff Tesla Motors in the coming years due to the law. Drug-free workers will now cost a premium. Employees will get taxed higher, hence if you want quality, you will have to pay more. But ordering self-driving cars for those who like to be stoned while driving to and from work will probably increase.
jelloslug
Active Member
I think everyone will just let it run it's course and end on it's own. The EV market is here to stay so the tax credit system is going to have little effect it the future.
JRP3
Hyperactive Member
CmdrThor
Active Member
Once Tesla surpasses 200,000 vehicles the credit would actually be a competitive disadvantage to Tesla. Other manufacturers would be able to continue selling with a $7,500 tax credit while Tesla customers get a reduced or no credit.
Dstrohl
Member
I expect it will start to phase out anyway over the next year or so as they reach the 200,000 vehicles manufactured number. (As of their 2015 annual report, they delivered over 107,000 vehicles through Dec 31, 2015, and (at least at that point) expected to deliver 80-90k vehicles in 2016 (and I think they are ahead of schedule), so they will probably reach the 200k mark early in 2017 (or even possibly late 2016). Which means, unless I am mis-reading the tax credit rules, the tax credit will drop to 3,750, for the next two quarters, then to 1,875 for the following two quarters, then go away altogether.
And, at least for the first year or so, They will have enough on their plate trying to do the things they said they were going to be doing to take a swipe at this one.
So, it seems likely that the only thing a trump administration could really do is make it better by removing the phase out... it is already going to go away. (BTW, I'm not suggesting they would or wouldn't remove the cap, or that they have even thought about it, merely that we probably cant blame it going away, for Tesla's at least, on them.).
And, at least for the first year or so, They will have enough on their plate trying to do the things they said they were going to be doing to take a swipe at this one.
So, it seems likely that the only thing a trump administration could really do is make it better by removing the phase out... it is already going to go away. (BTW, I'm not suggesting they would or wouldn't remove the cap, or that they have even thought about it, merely that we probably cant blame it going away, for Tesla's at least, on them.).
SageBrush
REJECT Fascism
Indeed they did,
but can they survive another great recession and a malignant federal government at the same time ?
Also consider the timing and ask yourself how the M3 roll-out would have worked out if it had been during the great recession.
What did the existing President do except allow cheap foreign oil imports to climb in exchange for financial perks and harm the "green" domestic car market? Not words, not actions of previous administrations, not actions of Congress, the Executive Branch itself.
Talking "green" is a great way to win support in California and New York. Doing "green" means cutting off your own perks from foreign friends.
Obama's government blocked arctic drilling, set of rules for gas and oil after BP spill, rejected Keystone XL, and pushed for cleaner coal. That's just a few things...
Disagree. Why? Becuase as long as carbon intensive cars are subsidized, both directly and indirectly, so too should be non/low carbon cars.
Subsidy should be used to encourage desirable/good behavior and decisions. What you are suggesting is a situation where the costlier and less desirable option, carbon intensive cars, are subsidized and low/no carbon cars are not.
This is all assuming that Trump is not for eliminating carbon subsidies and carbon's negative externalities.....which I would bet on.
And how exactly did the current President "allow" this? This kind of revisionist history flies in the face of Elon's support and admiration for Obama.
Wrong, you are looking at total vehicles manufactured worldwide. The 200k mark is for only US vehicles. It is still looking like Q4 2017 or Q1 2018 when they hit that 200k number. There are several threads on this topic.
Only to sell cheap Saudi oil in the US. We were going to burn the oil regardless, might as well help arm an unstable region of the world, and line your pockets in the process.
What did our President do to reduce CO2? I'm not asking what he did to help OPEC friends.
Yes, $2 a gallon Saudi gasoline in the US did freaking AMAZING things to help the environment. Tesla Motors supports any existing government who is handing out money.
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