GREEN NEW DEAL = BLIZZARD OF LIES

[Ecocharger + 1,462]

49 minutes ago, TailingsPond said:

Edit that Tesla up to $318.13.

WTI down more to $67.13.

Ecocharger should come tell me how down is good and up is bad.

You really have no logical comeback - but you will try.  "But, but sales down 5%."  Meanwhile billions more are made from investor confidence (Tesla) and billions lost from lack of confidence (oil).

You should learn to think and read,

"TSLA [Tesla] shares fell on Nov. 14 amid reports the president-elect's transition team plans to discontinue the $7,500 EV consumer tax credit.

TSLA stock dropped 5.8% to 311.18 during market trade Thursday after Reuters reported Trump's transition team wants to do away [with] the Inflation Reduction Act, IRA, EV tax credit. Chief Executive Elon Musk has already endorsed the idea of cutting the tax credit, echoing the belief that Tesla can thrive without it."

Edited 5 hours ago by Ecocharger

[TailingsPond + 874]

24 minutes ago, Ecocharger said:

You should learn to think and read,

TSLA stock dropped 5.8% to 311.18 during market trade Thursday after Reuters reported Trump's transition team wants to do away [with] the Inflation Reduction Act, IRA, EV tax credit.

You need to watch actual market prices.

Elon Musk wants the EV tax credit removed so he can crush his opposition.  Tesla can afford to sell at a loss until they control the EV market.

People with a clue continue to invest, Telsa is already up to $318.83.  Notice that is above the $311 you just quoted.

WTI down to $66.97

 

Edited 5 hours ago by TailingsPond

[TailingsPond + 874]

Now we watch the morons claim falling oil prices is good for the industry and how billions in profits for Tesla means they are failing.

Come on guys - give logic a chance.

[Ecocharger + 1,462]

2 hours ago, TailingsPond said:

Now we watch the morons claim falling oil prices is good for the industry and how billions in profits for Tesla means they are failing.

Come on guys - give logic a chance.

Learn to think, dude. EVs have exhausted their potential market space.

Musk is only into Tesla for 13% ownership. He can see what is happening.

https://oilprice.com/Energy/Energy-General/Why-Musk-Supports-Trumps-Plan-to-Axe-EV-Tax-Credits.html

"President-elect Trump's transition team is reportedly planning to eliminate the $7,500 federal tax credit for electric vehicles.

Tesla, the largest EV maker in the US, supports ending the subsidy, while other automakers strongly oppose the move.

The potential repeal of the tax credit has sparked concerns about the future of the EV market and Tesla's competitive advantage."

https://www.reuters.com/business/autos-transportation/trumps-transition-team-aims-kill-biden-ev-tax-credit-2024-11-14/

"Trump transition team plans to end EV tax credit

Tesla representatives supported the proposal to end the subsidy-sources

Trump's team led by oil executive Harold Hamm targets some Biden clean-energy policies

Republicans plan to use reconciliation to pass tax reform without Democrats"

"Ford, which expects to record a $5 billion loss on its EV and software operations this year, has previously relied on EV tax credits to boost demand from price-conscious consumers.

Yet even with the credits, demand for Ford's F-150 Lightning electric pickup has faltered, leading Ford to idle the truck's production through the year-end."

Edited 2 hours ago by Ecocharger

[TailingsPond + 874]

1 hour ago, Ecocharger said:

Learn to think, dude. EVs have exhausted their potential market space.

Musk is only into Tesla for 13% ownership. He can see what is happening.

https://oilprice.com/Energy/Energy-General/Why-Musk-Supports-Trumps-Plan-to-Axe-EV-Tax-Credits.html

"President-elect Trump's transition team is reportedly planning to eliminate the $7,500 federal

Stop embarrassing yourself.  Musk / Tesla  want the ending of the credit so they can crush competition.

13% of a trillion $ company is still a lot.

Meanwhile in financial news Tesla is up to $320.72 and WTI is down to $67.02.

You ignore this portion of that article of course:

"Here it is again: "Musk's strategy to win the EV price war: Build the largest EV business with taxpayer dollars, popularize EVs, allow other startups and OEMs to enter the market, and then support politicians who want to end EV subsidies, crushing the competition and leaving Tesla reigning supreme.""

 

 

Edited 1 hour ago by TailingsPond

[Old-Ruffneck + 1,241]

27 minutes ago, TailingsPond said:

Meanwhile in financial news Tesla is up to $320.72 and WTI is down to $67.02.

You somehow think this affects you? Oil down is good for us consumers, and as for Tesla shares, unless you're buying a Tesla or investing in the company who gives a crap? EV's might get crushed but ICE is still supreme!!!! 

Edited 1 hour ago by Old-Ruffneck

[Ecocharger + 1,462]

1 hour ago, TailingsPond said:

Stop embarrassing yourself.  Musk / Tesla  want the ending of the credit so they can crush competition.

13% of a trillion $ company is still a lot.

Meanwhile in financial news Tesla is up to $320.72 and WTI is down to $67.02.

You ignore this portion of that article of course:

"Here it is again: "Musk's strategy to win the EV price war: Build the largest EV business with taxpayer dollars, popularize EVs, allow other startups and OEMs to enter the market, and then support politicians who want to end EV subsidies, crushing the competition and leaving Tesla reigning supreme.""

 

 

Musk will have trouble selling any EVs with the removal of that huge tax credit. That probably explains why he reduced his equity share in Tesla to a mere 13%.

[Old-Ruffneck + 1,241]

19 minutes ago, Ecocharger said:

Musk will have trouble selling any EVs with the removal of that huge tax credit. That probably explains why he reduced his equity share in Tesla to a mere 13%.

Most Tesla cars are welll overpriced and is status product at the moment. They cost more in electricity to go same mileage as a Toyota Corolla that gets 35 mpg. Now lets talk insurance. Guaranteed the Tesla is probably about double. If the battery system is at all affected in a wreck the car is totaled. They haven't figured out weight is much more than same size auto, and tires cost more. So in the scheme of things, ICE still is better value. 

Edited 23 minutes ago by Old-Ruffneck