I am confused because the 1st page says this
That’s consistent with European Plaid orders opening.
Yeah, that part confused me too, but it looks to be a technical move to place into the record a bill which is a skeleton for the new bill. According to several of the sources on twitter, the language in this bill will be replaced by the language in the Inflation Reduction act of 2022, though with a few changes. According to a very recent press conference by Senator Schumer, the main changes are:
It is quite clearly the play with Twitter... the likelihood of the deal matters more than anything else with that stock. Any raise in the the likelihood of the deal with Twitter, raises the chance that Elon sells more shares. While in the window where he can sell, the risk and overhead of that will weigh on TLSA. How much it weighs on Tesla is really hard to quantify, though it clearly exists. On Twitter it is pretty easy to quantify. What ever the deal price is expected to be minus a risk premium.
The Model 3 I lost to an accident in June had just over 202k miles on it (I assume one of the highest in the world) with only about 9% degradation with tons of supercharging. I would have been shocked if it had not gone to 300k and fully expected 400k. 300k divided by 15k miles/year (what sane people drive
) is 20 years. Yes I know age plays a part as well, but most of my degradation happened in the first 90k miles.
Yep, heard this all last time. Same pizza, smaller pieces, yadda, yadda, yadda.
get bigger the longer I wait before eating them. HODL! Elon was thinking robotaxi total miles in 10 -12 yrs. 100k miles per year.The Model 3 I lost to an accident in June had just over 202k miles on it (I assume one of the highest in the world) with only about 9% degradation with tons of supercharging. I would have been shocked if it had not gone to 300k and fully expected 400k. 300k divided by 15k miles/year (what sane people drive
I think Elon was being conservative, and you shouldn't read too much into this off-the-cuff statement. I like this new Elon whose off-the-cuff statements are conservative.
*Oh, and I did a small buy the round out the numbers for a 3-1 split after the first drop, so of course it went lower. I've now put a lower one in to catch the falling knife, so it should reverse and go up now!
Clearly the run rate at the end of the year and over seven years is too much for the market to handle. The real reason for the minor drop is people want in before the stock split.Ok...$TSLA down 5.5% today based on what?
1. Elon too giddy at shareholder's meeting
2. New giga factory announcement
3. Stock split approved
4. 2M run rate by end of 2022
5. 100M vehicles by 2032
6. 10-12 Giga factories
7. Solving real world AI
8. Optimus disrupting the economy
It is none of the above....hours of digging and research yielded the real reason for the drop. You're welcome!
View attachment 837103
Perhaps those in a position to do naked shorting don’t expect to profit much directly from that shorting this time.
Nelson Hsieh has outlined his tracking of the political sausage to the Volt Equity blog,
www.voltequity.com
Back a few pages there was wording that Dealer meant anyone who sold new cars.Nelson Hsieh has outlined his tracking of the political sausage to the Volt Equity blog,
updated today August 5:
New EV Tax Credits for Tesla in the Inflation Reduction Act
The new system of EV tax credits emphasizes manufacturing requirements rather than battery size. The current EV tax credit begins at $2,500 for a 4 kWh hybrid vehicle and scales up to a max of $7,500. The new proposed EV tax credit discards battery size requirements and instead favors North...
The union advantage to GM/Ford is undermined by their not having "final assembly"
in the US -- the previous wording was "North America". Also the rebates only happen
in states with dealerships, so Tesla owners have to wait until taxtime it appears.
There is much minutiae on Hsieh's regularly updated blog page, except for
battery materials requirements, covered elsewhere.
As discussed that is all based on the old BBB bill that is dead. The text hasn't gotten replaced with the current proposal.Nelson Hsieh has outlined his tracking of the political sausage to the Volt Equity blog,
updated today August 5:
New EV Tax Credits for Tesla in the Inflation Reduction Act
The new system of EV tax credits emphasizes manufacturing requirements rather than battery size. The current EV tax credit begins at $2,500 for a 4 kWh hybrid vehicle and scales up to a max of $7,500. The new proposed EV tax credit discards battery size requirements and instead favors North...
The union advantage to GM/Ford is undermined by their not having "final assembly"
in the US -- the previous wording was "North America". Also the rebates only happen
in states with dealerships, so Tesla owners have to wait until taxtime it appears.
There is much minutiae on Hsieh's regularly updated blog page, except for
battery materials requirements, covered elsewhere.
