Tesla, TSLA & the Investment World: the Perpetual Investors' Roundtable

[Stretch2727]

MarketWatch - 11:42 am ET:
Leased electric vehicles now qualify for $7,500 tax break

So does this open up the S and X to a lease incentive based on the "incremental cost" over an ICE vehicle?

I believe the commercial vehicle credit is the same incentive being applied to the Semi and does not appear to have any price limits or income limits.

This whole implementation is a mess.

 

[Ogre]

Apparently the IRA is the Tax code equivalent of a Russian Doll. Only instead of finding a doll, every layer you go down you get another tax break.

Tesla gets a tax incentive for manufacturing that energy storage. Their customers get a tax credit for buying those energy storage products. How deep does this go? Do we also get a tax credit for buying energy which has been stored?

Hat tip:

https://twitter.com/x/status/1608859664183365634

 

[Usain]

How can Tesla offer a Model Y 5-Seater for less than $55,000 in order for it to qualify for the IRAs $7,500 incentive?

The Long Range AWD currently starts at $65,990.

With the colors being ~$1,500 each and the white interior being another $1,000, the car would have to start at roughly 52k to qualify for the IRAs incentive with visual changes.

Option one:
Make the MSRP of the new Model Y version 52k to allow for color and interior options

Option two:
Make the MSRP exactly below 55k and make all visual changes (color + interior) free.

I think option two makes more sense. (mostly financially), so lets go with that.

Tesla could offer a "Model Y Mid-Range AWD", a software locked LR.

Make the MSRP $54,990. All options (excl. autopilot / FSD and wheels as both can be changed afterwards) are free.

Lock the range at 200mi (from 330mi)

Remove software-lockable features from the car to make them available later on through in-car or in-app purchases.

- Range upgrade ~$9,000
= Unlocks the full potential of the battery = 75 kWh / 330mi

- Acceleration boost ~$2,000
= Unlocks more power and a quicker acceleration

- Heated Seats $200

- Heated Steering Wheel $100

= ~$11,300

Or make everything available as one package combined to unlock the full potential of the car (Essentially turning it into a LR)

Car should still be somewhat profitable even if someone decides to not purchase any of the enhancements

Would this work?

Perhaps.

My worry would be that Treasury simply passes a new rule that disqualifies the vehicle if it is range-crippled. Tesla needs to tread carefully here.

 

[TSLA Siempre]

Apparently the IRA is the Tax code equivalent of a Russian Doll. Only instead of finding a doll, every layer you go down you get another tax break.

Tesla gets a tax incentive for manufacturing that energy storage. Their customers get a tax credit for buying those energy storage products. How deep does this go? Do we also get a tax credit for buying energy which has been stored?

View attachment 890445

Hat tip:

https://twitter.com/x/status/1608859664183365634

Yeah. Despite its flaws, this should really accelerate the transition to sustainable energy.

 

[Usain]

Apparently the IRA is the Tax code equivalent of a Russian Doll. Only instead of finding a doll, every layer you go down you get another tax break.

Tesla gets a tax incentive for manufacturing that energy storage. Their customers get a tax credit for buying those energy storage products. How deep does this go? Do we also get a tax credit for buying energy which has been stored?

View attachment 890445

Hat tip:

https://twitter.com/x/status/1608859664183365634

Whole Mars is just now hearing about this? I find that hard to believe.

 

[FSDtester#1]

https://twitter.com/x/status/1608664592657580032

Tesla Q4 delivery estimates

@TeslaKairav 424,968
@oracletim1 430,000
@WholeMarsBlog 420,000
@TSLAFanMtl 420,000
@ICannot_Enough 420,069
@teslapodcast 434,109
@CuriousPejjy 434,000

Street expectation: 420,000
/End tweet
@TroyTeslike 428K

A whole bunch of 420 going on... makes sense and a fitting end to 2069, I mean 2022... Peace

 

[Drumheller]

https://twitter.com/x/status/1608664592657580032

Tesla Q4 delivery estimates

@TeslaKairav 424,968
@oracletim1 430,000
@WholeMarsBlog 420,000
@TSLAFanMtl 420,000
@ICannot_Enough 420,069
@teslapodcast 434,109
@CuriousPejjy 434,000

Street expectation: 420,000
/End tweet
@TroyTeslike 428K

@Krugerrand 83,000

 

[sandervl]

Photo??

Mine was pretty flawless too - had it two weeks already and loving it. Being pedantic I have a small list of things to be addressed, but the build-quality is dramatically improved from previous generation

How are you getting long with the yoke? I really like it, much more than a traditional steering-wheel, but actuating the indicators when turning is a bit tricky - this could be solved by Tesla implementing a "Hey Tesla" Siri type thing, and you could tell it "Hey Tesla, indicate left"

The yoke is quite nice. At low speed it takes some getting used to, but I've been practicing before by not using the top half of the steering wheel.

Here's a picture of my MXP and an overview of one half of the delivery center.

 

[JRP3]

Not much you can't do with your voice in a Tesla these days and it is the only way to turn on/off the heated steering wheel/seats w/o turning on the HVAC. Which is super useful.

I put my heated seat icon on the bottom taskbar so it's always available, I assume you can do the same with the heated wheel.

 

[Ogre]

This was the mistake, IMO. The Q2 GF3 C19 shutdown gave them a Mulligan to revise the annual forecast. They could have easily said they have the ambition to hit 50%, but given the lost production 45% was more realistic

At the end of Q2 they said it was “Possible” and they were pushing for it. They did not give the impression it was in the bag by any means.

 

[Ogre]

Whole Mars is just now hearing about this? I find that hard to believe.

I’m just hearing about it anyhow!

 

[Ogre]

If CT was already in production, IRA rule would say truck can’t be triangular

It has passenger seating and enclosed storage, it’s a hatchback. $55k cap.

 

[wtlloyd]

Im still kinda confused. He said "1 million people in FSD Beta". Which seems to indicate that by tomorrow, there would be 1 million Tesla's actually on the roads with FSD Beta fully enabled.

But its only 285K right now with FSD Beta on the roads? Or again, am I misreading?

+1
Taking delivery tomorrow, MY w/ FSD

 

[AudubonB]

Audie, you cannot leave that drive-by jab without an explanation; I respect your opinion too much.

In the meantime, I'll double down and point out that that Tesla has a minimalism mindset that extends to function. It is not a huge jump to go from there to no-frills but highly utillitarian clean transport. No paint, no curves, no chrome, no leather ...

Bulleproof glass, a very large amount of a specialized stainless steel, a supremely complex suspension system - these are a few differentiating factors that are costly. As you mentioned production costs rather than capital costs - even amortized to a per-vehicle basis - I'll grant you that we can exclude the immense price of IDRA's casting machine, but the cast frame, even if it pencils out to the same cost as a traditional vehicle's multi-part steel allow frame, still represents a chunk of cost.
So....."not much more" doesn't pass the reality test in my opinion.

 

[FSDtester#1]

Bulleproof glass, a very large amount of a specialized stainless steel, a supremely complex suspension system - these are a few differentiating factors that are costly. As you mentioned production costs rather than capital costs - even amortized to a per-vehicle basis - I'll grant you that we can exclude the immense price of IDRA's casting machine, but the cast frame, even if it pencils out to the same cost as a traditional vehicle's multi-part steel allow frame, still represents a chunk of cost.
So....."not much more" doesn't pass the reality test in my opinion.

Safe to assume it will weigh more than 6k?

 

[Usain]

Im still kinda confused. He said "1 million people in FSD Beta". Which seems to indicate that by tomorrow, there would be 1 million Tesla's actually on the roads with FSD Beta fully enabled.

But its only 285K right now with FSD Beta on the roads? Or again, am I misreading?

I'm not sure why the current adoption number matters. If FSD continues to make steady improvement, adoption will explode sooner or later.

 

[carterm2]

Im still kinda confused. He said "1 million people in FSD Beta". Which seems to indicate that by tomorrow, there would be 1 million Tesla's actually on the roads with FSD Beta fully enabled.

But its only 285K right now with FSD Beta on the roads? Or again, am I misreading?

Only ONE V11 registered on...

"TeslaFi.com Firmware Tracker"

 

[generalenthu]

supremely complex suspension system

What is more complex about the cybertruck suspension compared to whats on let's say the X? Of course its bigger and the air suspension makes it more adaptable to changing weight, but otherwise?

 

[TSLA Siempre]

Tesla adds extra discount for Model S and Model X for just 2 days

Tesla is offering a new discount for Model S and Model X for just 2 days. Previously, it was only for Model 3 and Model Y.

electrek.co

looks like model S and X get the $7500 discount for a couple days. I don't see it reflected on the website currently though.

 

[TheWalkingDad]

Tesla adds extra discount for Model S and Model X for just 2 days

Tesla is offering a new discount for Model S and Model X for just 2 days. Previously, it was only for Model 3 and Model Y.

electrek.co

looks like model S and X get the $7500 discount for a couple days. I don't see it reflected on the website currently though.

Not seeing it on the website...