Ecocharger + 1,460 DL 3 hours ago (edited) 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 3 hours ago by Ecocharger Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 3 hours ago (edited) 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 3 hours ago by TailingsPond Quote Share this post Link to post Share on other sites
TailingsPond + 874 GE 3 hours ago 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. Quote Share this post Link to post Share on other sites
Ecocharger + 1,460 DL 1 hour ago (edited) 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 53 minutes ago by Ecocharger Quote Share this post Link to post Share on other sites
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