WAY too many variables to give one specific number. But, single, no kids, no nothing else one would have to make about 65K in w-2 income to have 7500$ in income taxes. Gross income number would go higher in order to compensate for dependents, marriage, deductions above the new 12K standard, etc.
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Probably just Tesla learning that when demand exceeds supply, increase the price rather than have people wait forever.
In theory, about $47k. In reality, more than that, since you’ll have some other deductions.
Note, though, that not all types of income work for this. As I remember, certain business owners’ income isn’t taxed as personal income.
Yeah, pretty much the same as yesterday - with the occasional extra sell order added to ensure it doesn't go anywhere it shouldn't.
cheshire cat
Member
humbaba
sleeping until $7000
To give some perspective, the median household income in 2017 was ~$61k. I don't feel like pulling up demographics, but a good number of households are joint with dependents which is just going to widen the gap.
IMO the impact of the EV tax deduction is over rated.
Tesla faded a lot and it's up significantly less than QQQ/COMPQ. Still doing much better than the automakers.
The market is not looking good in general however, $IWM turning red AGAIN, XLF red too. VIX creeping up...
mspohr
Well-Known Member
Well... Here's a (probably somewhat less reputable source) news item on the conference:Calm down dear it' s only The Graun'. Let's wait for a real news agency
Jamie Dimon, Steve Mnuchin And Wall Street CEOs Set To Attend Saudi Conference Despite Journalist’s Disappearance | HuffPost
Looks like the bankers have no morals... they're sticking with the murderer.
Its happening:
vincent @vincent13031925
From the official recruitment advertisement of Tesla, the Shanghai Gigafactory has entered the stage of preparation for construction. Thanks @congcongcui1 for the info $TSLA #TeslaChina
6:47 PM - 11 Oct 2018
I must say the German Job Page does not look short either but not yet a new GF visible:
TITLE JOB-Category Place Date of issue
SPS Programmierer (m/w) Manufacturing , Germany 01/10/2018
SPS-Programmierer (m_w) Manufacturing , Germany 01/10/2018
SPS-Programmierer (m_w) Manufacturing , Germany 01/10/2018
Store Manager (m_w) Hannover Sales & Customer Support , Germany 11/10/2018
Product Specialist - Store Coordinator (m_w) Frankfurt Sales & Customer Support , Hesse 11/10/2018
Leiter Technische Redaktion (m_w) Manufacturing , Germany 01/10/2018
Junior Verkaufsberater (m_w) Frankfurt Sales & Customer Support , Hesse 11/10/2018
Project Coordinator Business Resolutions Operations & Business Support , Hamburg 12/10/2018
Junior Verkaufsberater (m_w) Köln Sales & Customer Support , North Rhine-Westphalia 01/10/2018
Recruiter HR , Germany 12/10/2018
Government Relations Support (m/w) Berlin Legal & Government Affairs , Brandenburg 11/10/2018
Store Manager (m_w) Frankfurt Sales & Customer Support , Hesse 11/10/2018
Konstrukteur (m/w) Manufacturing , Germany 11/10/2018
Konstrukteur (m_w) Manufacturing , Germany 11/10/2018
Konstrukteur (m_w) Manufacturing , Germany 11/10/2018
Elektrokonstrukteur (m_w) Manufacturing , Bavaria 11/10/2018
Senior Konstrukteur Maschinenbau (m_w) Manufacturing , Germany 11/10/2018
Senior Konstrukteur Maschinenbau (m_w) Manufacturing , Germany 11/10/2018
Elektrokonstrukteur (m_w) Manufacturing , Germany 11/10/2018
Entwicklungsingenieur (m/w) Manufacturing , Germany 11/10/2018
Elektroplaner (m/w) Manufacturing , Germany 11/10/2018
Konstrukteur (m_w) Manufacturing , Germany 11/10/2018
Elektroplaner (m/w) Manufacturing , Germany 11/10/2018
Konstrukteur (m/w) Manufacturing , Germany 11/10/2018
Senior Konstrukteur Maschinenbau (m/w) Manufacturing , Germany 11/10/2018
SPS-Programmierer (m_w) Manufacturing , Germany 11/10/2018
Elektroplaner (m/w) Manufacturing , Germany 11/10/2018
Elektroplaner (m/w) Manufacturing , Germany 11/10/2018
Junior Verkaufsberater (m_w) Hamburg Sales & Customer Support , Hamburg 11/10/2018
Junior Verkaufsberater (m_w) - Berlin Sales & Customer Support , Brandenburg 11/10/2018
Store Manager (m_w) Hamburg Sales & Customer Support , Hamburg 11/10/2018
Assistant Store Manager (m_w) - Berlin Sales & Customer Support , Brandenburg 11/10/2018
HR Koordinator (m/w) HR , Germany 11/10/2018
Mitarbeiter Inhouse Logistic (m/w) Supply Chain , Germany 11/10/2018
Mitarbeiter Inhouse Logistic (m/w) Supply Chain , Germany 11/10/2018
CAD Administrator (m/w) Manufacturing , Germany 11/10/2018
IT Systemspezialist CAD CAM (m/w) Engineering & Information Technology , Germany 11/10/2018
Analyst Budgetkalkulation (m/w) Operations & Business Support , Germany 11/10/2018
Gruppenleiter mechanische Montage (m/w) Manufacturing , Germany 11/10/2018
Gruppenleiter elektrische Montage (m/w) Manufacturing , Germany 11/10/2018
Engineering Technician (m/w) Manufacturing , Germany 11/10/2018
Application Engineer Process Set-up & Commissioning (m/w) Manufacturing , Germany 11/10/2018
Service - Service Advisor, Nagoya Sales & Customer Support , Hesse 11/10/2018
Junior Verkaufsberater (m_w) in Mannheim Sales & Customer Support , Baden-Wurttemberg 11/10/2018
Teamleiter konzeptionelle Ausarbeitung (m/w) Manufacturing , Germany 11/10/2018
Used Vehicle Quality Specialist - located in Munich Region Operations & Business Support , Germany 11/10/2018
Marketing Manager, DACH Region - Hamburg or Munich Office Marketing & Communications , Hamburg 12/10/2018
Median household income is great, but you have to factor in who is buying EV's and it's not the average household. Tesla has reported some numbers in the past and I think that their average HHI was over 200K.
Bloomberg estimate (which by no means is perfect) has passed 100,000 Model 3s produced as of today.
Bloomberg - Are you a robot?
Bloomberg - Are you a robot?
RobStark
Well-Known Member
As opposed to all the fine people that do business with a Chinese government that have Scandinavian level ethics.
China 'holding at least 120,000 Uighurs in re-education camps'
New US report highlights China’s repressive policies in Tibet - International Campaign for Tibet
China executed more people than the rest of the world combined last year
mspohr
Well-Known Member
Hey... Money is money.
(Of course, you can now find similarly repugnant stories about our own USA government.)
RobStark
Well-Known Member
Last year Americans purchased 17.1M new cars.
And 42.7M used cars.
I would venture to guess that there is a high correlation with income/wealth and buying a new car vs a used car.
RobStark
Well-Known Member
Hey, Tesla should not do business with Texas.
EVNow
Well-Known Member
Not sure why life of one journalist is more important than 100s of thousands of Yemanis or a million Iraqis.
Coming back to Tesla & MBS, one thing that is abundantly clear is MBS is reckless. He is making a lot of enemies within and outside KSA. Saudis used to do things much more silently and behind the scenes. Not so with MBS.
Many retired folks have low incomes but plenty of cash saved. We're seeing people in their 80s buying brand new Teslas.
That said, as others have stated, many such people may have the ability to do a Roth conversion or time the realization of capital gains, thus still enabling them to take the full federal tax credit.
It's also worth repeating that Tesla is drawing in buyers who were previously buying mass-market, relatively affordable cars like the Civic or Camry. People are sacrificing to get Teslas. Although stretching to buy a new car is rarely optimal from the standpoint of personal finance, I'm glad to see so many people supporting the transition to sustainable transportation.
Neal Boudette is looking for some DM stories about Model 3. I suggest people DM him
It's going to be fun riding the TSLA wave when the market comes to realize that GF3 isn't just some fantasy. I think seeing the construction cranes will be a real wakeup call.
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