09-01-2020, 12:34 AM | #23 | |
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I'd also argue self-driving / autopilot / autonomous should have its own thread - while Tesla's have this, it's a way broader topic than Tesla, many other vehicles has this and more (e.g., Waymo) I'd say keep this thread focused on: • Tesla as a business (including stock, competitive advantages, Elon's shenanigans, etc) • Tesla vehicles as products (S3XY Truck) • Tesla as a manufacturer (including batteries, factories, technology, et al) |
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09-01-2020, 12:52 AM | #24 | ||
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09-01-2020, 01:05 AM | #25 | |
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09-01-2020, 01:08 AM | #26 | ||
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Could care less about his wealth tho lol. |
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09-01-2020, 01:18 AM | #27 | |
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SCOTT26 "So as an admirer of the M5 and a potential customer of an M5 Touring. I would run naked around the streets of Garching if they were to offer one."
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09-01-2020, 01:19 AM | #28 |
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Gotta agree, that was definitely a moment of wait what, who is talking about Mazda?
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SCOTT26 "So as an admirer of the M5 and a potential customer of an M5 Touring. I would run naked around the streets of Garching if they were to offer one."
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09-01-2020, 01:36 AM | #29 |
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Yeah sounds good since that's part of the business and value prop ... for example I'm looking at an X5 45e which gets a $7500 federal tax credit; I don't know exactly how that works, but it makes the vehicle way more attractive!
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09-01-2020, 06:04 AM | #30 | |
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When you do your taxes for 2020, you get to take $7,500 off what you owe the IRS. If you owe less than $7,500 you won't get a refund, though. |
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09-01-2020, 06:42 AM | #31 |
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Says who? I've got an IRS direct deposit receipt from back in March that says otherwise. Did that change for 2020?????
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09-01-2020, 06:45 AM | #32 |
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09-01-2020, 08:24 AM | #34 | |
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And yes, in the essence, using the current terminology, US taxpayers subsidy 'the rich' yet again... and they thank you for that, if nothing else. |
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09-01-2020, 08:27 AM | #35 |
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But did you get a refund of what you already paid through withholding or estimated tax payments, or have total tax of less than $7,500? The "not getting a check back" may apply only to the latter. Not sure.
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09-01-2020, 08:34 AM | #36 |
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Haven't you heard? Per the fanboys Tesla isn't a car company. They're a technology company. Sheeesh <sarcasm>
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09-01-2020, 11:02 AM | #38 | |
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09-01-2020, 12:17 PM | #39 |
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09-01-2020, 12:38 PM | #40 |
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On the TTT, is SpaceX talk allowed?
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09-01-2020, 12:41 PM | #41 | |
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However, some other manufacturers like Kia don't pass this on if you lease, only if you purchase. Boooo!
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09-01-2020, 12:55 PM | #42 | |
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Also, fed income tax is marginal. So if someone with more income wants to pay more for a $70-100k Tesla, why would they not be justified in taking a $7500 credit since they have been taxed more on marginal income? Keep in mind that they are sill paying tax on a $100k car, not a $92.5k car. Also, that $7500 credit is adjusted for in the secondary market, and lower residual values mean the cars are more affordable for more people.
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09-01-2020, 12:57 PM | #43 | |
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09-01-2020, 01:19 PM | #44 | |
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Second, and this can be related to the above, there many other tax & credit stipulations (CARB, state, etc.) for car manufacturers, so they have to manipulate their EV/plugin stock and sales to maximize benefits (and minimize costs). I suspect BMW collect those, but claims 'we're passing saving to you', which technically is misleading. |
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