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TSLA Market Action: 2018 Investor Roundtable

Discussion in 'TSLA Investor Discussions' started by AudubonB, Dec 30, 2017.

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  1. tivoboy

    tivoboy Active Member

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    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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  2. KarenRei

    KarenRei ᴉǝɹuǝɹɐʞ

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    Probably just Tesla learning that when demand exceeds supply, increase the price rather than have people wait forever.
     
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  3. MarcusMaximus

    MarcusMaximus Active Member

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    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.
     
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  4. Lycanthrope

    Lycanthrope S3XY old dude

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    Yeah, pretty much the same as yesterday - with the occasional extra sell order added to ensure it doesn't go anywhere it shouldn't.

    upload_2018-10-12_18-0-1.png
     
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  5. cheshire cat

    cheshire cat Member

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  6. humbaba

    humbaba sleeping until $7000

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    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.
     
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  7. Leo9

    Leo9 Member

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    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...
     
  8. mspohr

    mspohr Well-Known Member

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    • Informative x 2
  9. avoigt

    avoigt Active Member

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    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
     
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  10. tivoboy

    tivoboy Active Member

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    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.
     
  11. ezevphl

    ezevphl Member

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  12. RobStark

    RobStark Well-Known Member

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    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
     
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  13. mspohr

    mspohr Well-Known Member

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    Hey... Money is money.
    (Of course, you can now find similarly repugnant stories about our own USA government.)
     
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  14. RobStark

    RobStark Well-Known Member

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    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.
     
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  15. RobStark

    RobStark Well-Known Member

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    Hey, Tesla should not do business with Texas.
     
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  16. EVNow

    EVNow Well-Known Member

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    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.
     
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  17. oneday

    oneday Active Member

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    All done in the name of money, fancy that.
     
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  18. abasile

    abasile Conscientious investor

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    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.
     
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  19. bhzmark

    bhzmark Active Member

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    Neal Boudette is looking for some DM stories about Model 3. I suggest people DM him

    upload_2018-10-12_12-56-50.png
     
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  20. KarenRei

    KarenRei ᴉǝɹuǝɹɐʞ

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    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.
     
    • Like x 5
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