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Based on Tesla's production plans, the $7,500 federal tax credit for electric car buyers is likely to start phasing out in mid-2018, before disappearing entirely in mid-2019. Thus, by the time Tesla gets around to producing $35,000 Model 3s in high volume, the full $7,500 credit is unlikely to be available.
https://www.fool.com/investing/2017/08/06/surprise-the-real-tesla-model-3-doesnt-cost-35000.aspx
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>>2970867
Elon musk is the greatest snake oil salesman of our lifetime, keep buying his shit!
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>>2970902
>advertises electric cars
>delivers electric cars
Where is the snake oil? Is that what replaces motor oil in a tesla?
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Tax credit is a bigger issue for the lower-cost EVs like your priuses and shit. Teslas are a premium vehicle, even the 3 (at least the 3 that people want, which is with autopilot) is 40k to start.
Oil prices and big advances in competitor's gas-fueled car MPGs over the last few years have already supressed TSLA's stock price for years, and are way bigger deals than a tax credit.
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>>2970867
>is likely to start phasing out in mid-2018
>is likely
You actually think a company as big as Tesla isn't going to lobby congress into extending it?
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>>2971698
their battery tech will be completely irrelevant in 5 years
top execs are bailing left and right, they know
tesla will be bankrupt within 5 years
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>>2971889
Source?
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>>2970867
Reminds me of the crpool lane stickers in california for hybrids. They only had x amount. Eventually people buying priuses didnt get the sticker anymore. Guess what, people stil buy priuses.
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lol teslas sales crashed in hong kong after they abolished some tax scheme for electronic cars
this company literally cant survive without gubmint handouts
biggest scam of our times
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>>2971889
yessssss within 5 years superconductor battery tech will be r&d-ed, commercialized, competitors will have implemented it in a design, made factories, made the cars, and enough people will have bought those cars to completely the market share Tesla currently has in electric cars.
I wonder where your money is, if you're trying to make Tesla look bad. I honestly have no idea what car company has potential of being a competitor, as it is pretty clear now that it must be one with a comparable electric car, of which there is no currently.
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>>2970867
It's 35000 before credit you fucking mongorel!
HOW FUCKING STUPID ARE YOU?
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>>2972059
*completely obliterate
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>>2972067
Nobody is going to fucking buy the $35k base model without autopilot you stupid fuck.
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>>2972059
40% of Tesla is sold short at any given time
you know why? Everyone on the street knows the company is a complete scam
they burn through 15 million A DAY and will have to do massive capital raises again this year
they have no real path to making money, and every major car company is working on battery tech (see toyota recent comments). The car company is disaster and will be gone soon, the really only interesting thing Musk has is the SpaceX stuff but of course that's private
Feel free to put all your cash into TSLA though
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>>2972092
I am
Keep shorting nomusks. LMAO at all of you
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>>2972092
the model 3 has 400,000+ of preorders you buttplug
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>>2971889
k, show us your short position
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Shorters will get blown the fuck out. A lot already have lmfao
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btw karpathy is a hack
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>>2971698
The hypertube. its literally impossible to build but they re wasting money making SOMETHING
+ all mars shit
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The only thing Musk has successfully done is build a cult following of brain dead bottom bois
Look at all the people on this board who thinks he created paypal and self driving cars
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