MikeQ
Member
With a GOP controlled Senate, Biden won't be able to reinstate the EV incentives.
-
Want to remove ads? Register an account and login to see fewer ads, and become a Supporting Member to remove almost all ads.
Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable
- Thread starter AudubonB
- Start date
With a GOP controlled Senate, Biden won't be able to reinstate the EV incentives.
Its not guaranteed that the runoff in Georgia won't take that away from the GOP.
Also not sure that that is true of how the GOP will see the EV incentives.
When it comes to EV incentives in the US and Tesla, I really don't see why any Tesla investor should care if Democrat's get control of the Senate or not. To me it doesn't add any value to Tesla. Tesla is way beyond the point of needing incentives, especially with the carbon penalties imposed over in Europe. Tesla will sell 1 million cars next year IF they can produce enough.....not IF they get a new EV incentive.
Is it a nice cherry on top? Sure
But Tesla's going to sell every car they make next year. They will continue to drop prices through manufacturing efficiencies and logistic improvement due to localized production. Nothing's stopping this train at this point. Now it IS important that Biden won because while he may not be able to pass green energy legislation, he can keep Republicans and especially Trump from doing anymore damage or hurting Tesla in any way.
Now EV incentives would be pretty crucial for other Auto makers.....but honestly I don't give a damn about them anymore. No one should get rewarded purposely delaying their EV business in hopes of getting subsidies. At this point, Tesla shouldered all of the risk, they should get all of the rewards. And considering no one out there besides Tesla has the ability to actually ramp battery production, if there was a new EV tax credit, it wouldn't actually make/help traditional auto makers make and sell more EV's. They're still going to be production constrained for the foreseeable future because they can't just get batteries magically out of thin air. And that's all on them. They wouldn't take the risk. Them getting the advantage of a EV tax credit would really just help them with their profitability.
Is it a nice cherry on top? Sure
But Tesla's going to sell every car they make next year. They will continue to drop prices through manufacturing efficiencies and logistic improvement due to localized production. Nothing's stopping this train at this point. Now it IS important that Biden won because while he may not be able to pass green energy legislation, he can keep Republicans and especially Trump from doing anymore damage or hurting Tesla in any way.
Now EV incentives would be pretty crucial for other Auto makers.....but honestly I don't give a damn about them anymore. No one should get rewarded purposely delaying their EV business in hopes of getting subsidies. At this point, Tesla shouldered all of the risk, they should get all of the rewards. And considering no one out there besides Tesla has the ability to actually ramp battery production, if there was a new EV tax credit, it wouldn't actually make/help traditional auto makers make and sell more EV's. They're still going to be production constrained for the foreseeable future because they can't just get batteries magically out of thin air. And that's all on them. They wouldn't take the risk. Them getting the advantage of a EV tax credit would really just help them with their profitability.
It's not nessessary to have for Tesla to succeed but I think it would allow Tesla to make more money per unit and grow faster.
Although Tesla is pretty much at the point where cash isn't a limiting factor to growth so maybe I'm wrong. It really is pretty amazing how much they've planned for. When I saw them start taking about going from purchasing materials to delivery in less time than their payment terms dictate they have to pay their suppliers I was pretty impressed. They haven't left much room for something to trip them up in the planned growth.
No doubt a green energy subsidy package including a EV tax credit would boost Tesla's margins/profits. I just don't think it would add that much value or really help the company achieve it's goals since it's still very much production constrained. Tesla's current margins at a 1 million production/sales rate easily gets us to the 800+ level. Now recognizing 90% of FSD revenue per sale(when FSD goes public and in territories where it's available) at a 1 million sales and that'll boost margins/profits for another 100-200/share in value.
Could the added margin/profits from a 4-5k tax credit add another 50-100/share over the course of next year, definitely.
But the real next unlock of value after factoring 1 million sales is FSD robotaxi and Energy.
Actually thinking out loud, I would much rather prefer a package of green energy subsidies geared towards the Energy sector instead of the auto sector......now that would be more beneficial to Tesla since they are still in the process of ramping Solar and Storage(so margins are suffering in the short term while they do ramp).
ByeByeJohnny
Active Member
There is a state with two senators that just got a new EV car factory and is the leading US state when it comes to investing in wind and solar. Would it really be impossible to find a way to convince them that either EV or green energy (or both) incentives might be a good thing for their state?
Just got the following in an email from Rivian Forum:
If you haven't already seen, we're happy to share the long awaited news that the Rivian online configurator will go live on November 16!
The notice is now displayed on the Rivian homepage and the configurator will be available for Rivian preorder holders.
If you haven't already seen, we're happy to share the long awaited news that the Rivian online configurator will go live on November 16!
The notice is now displayed on the Rivian homepage and the configurator will be available for Rivian preorder holders.
MikeQ
Member
Exactly. Incentives are no longer needed and just adds to the narrative that EVs NEED subsidies to survive. Get rid of them entirely. Incentives have a place but we are way beyond that.
Rumor mill. Tesla might be looking into use AMD Radeon Navi 23 in future Teslas.
Leaker has been 100% accurate so far on AMD related products. For those who doesn't know what Navi 23 is. It is the current generation of GPU that's not yet released. Rumor specs put it at around 80% of PlayStation 5 levels.
https://twitter.com/patrickschur_/status/1325217367509639173?s=20
Leaker has been 100% accurate so far on AMD related products. For those who doesn't know what Navi 23 is. It is the current generation of GPU that's not yet released. Rumor specs put it at around 80% of PlayStation 5 levels.
https://twitter.com/patrickschur_/status/1325217367509639173?s=20
Sooooo..........you're telling me I'll be playing Cyberpunk 2077 in my Tesla in the near future
Sooooo..........you're telling me I'll be playing Cyberpunk 2077 in the near future
LoL. I guess as FSD ramps up, Elon might be seeking in putting a console grade GPU into a Tesla for perhaps new revenue stream.
In all seriousness, it would be logical for Tesla to offer a "Gaming MCU" upgrade once FSD is out(and requires no interventions) to people that want to have a high end computer(relatively speaking) in their car to do advanced things, including playing videogames.
MartinAustin
Active Member
https://twitter.com/AndrewSolender/status/1325162772720545792?s=19
Transport Secretary: Eric Garcetti
Commerce Secretary: Meg Whitman
Eric Garcetti is the BEV-driving mayor of Los Angeles. Could be great for TSLA.
Meg Whitman, former HP CEO. Got to be a forward-thinking person who understands how tech can disrupt. => helpful for removing TSLA interstate commerce restrictions by dealership lobbies?
Transport Secretary: Eric Garcetti
Commerce Secretary: Meg Whitman
Eric Garcetti is the BEV-driving mayor of Los Angeles. Could be great for TSLA.
Meg Whitman, former HP CEO. Got to be a forward-thinking person who understands how tech can disrupt. => helpful for removing TSLA interstate commerce restrictions by dealership lobbies?
On the whole EV support thing, I wonder if it won’t devolve into just another bailout for the legacy automakers.
That is, I’m a bit wary on this vis-a-vis Tesla: Will there be a net benefit for them?
And, I’m wary for EV’s in general: Will any meaningful number of EV’s actually be produced by the legacy automakers?
Wasn’t there a picture up thread with Biden in front of vehicles from the Detroit three, but no Tesla vehicles?
edit: Should be good for EV CGI and animation Tier one suppliers.
edit 2: Oh duh! Now I get the GM and Unreal Engine connection!
Last edited:
... lengthy discussion follows
Not going to argue your valid points, but if Tony Seba is correct in his prognostication - the power industry will be steamrolled by ultra cheap solar power and Li-ion battery storage soon-ish. And of course, Tesla is driving the steamroller.
feigen66
Member
Tesla literally has autobidder in their battery system.
StealthP3D
Well-Known Member
... lengthy discussion follows
Not going to argue your valid points, but if Tony Seba is correct in his prognostication - the power industry will be steamrolled by ultra cheap solar power and Li-ion battery storage soon-ish. And of course, Tesla is driving the steamroller.
That was brief, I could have gone on for 10 pages!
Calling BS on this, what would Tesla be use Navi 23 for on the car?
MCU (Currently Intel) - You need CPU not GPU
AP - Tesla designed their own
Similar threads
- Locked
- Locked
- Locked
