Tesla pick up in 4th quarter 2019

time2roll wrote:

ShinerBock wrote:

time2roll wrote:
The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.

Actually, if you look at how the carbon credit laws are written and how they keep getting stricter and stricter, they are made that only companies that produce EV's or fuel cell vehicles can benefit from them and they don't even consider the added carbon from battery or electricity production.

The tides may be turning in this department as the technology that pulls carbon from the air turning it into fuel keeps advancing. If this happens it allows the automakers to purchase these credits elsewhere which may cut or significantly reduce most of Tesla's cash flow since they cannot survive on car sales alone.

Tesla has a good chance of reaching critical mass before these credits are sourced elsewhere. JMHO.

They better do it in the next few years because that is when the companies doing this, like Carbon Engineering, are saying they will start production on a commercial scale. It even has the backing of some major investors like Bill Gates and are saying they can actually reverse the amount of carbon in the air while still selling fuel for ICE engines to pay for the costs. Reversing the amount of carbon is something that EV vehicles can't do.

Reisender wrote:

Yah. Justify it anyway you feel warm and fuzzy with it. Still a leech on the taxpayers dime.

Yes, and if you want to discuss it then start a thread about it. This one is about Tesla hence the reason why I was only discussing Tesla and not trying to deflect their issues by talking about a brand that is not the threads topic.

ShinerBock wrote:

Reisender wrote:

Ok. Here’s the American bill. Happy deflecting.

https://www.google.ca/amp/s/www.fool.com/amp/investing/general/2013/09/15/why-gm-still-owes-taxpayers.aspx

And puleeze, don’t talk about GM and quality in the same sentence.

Again. JMHO.

I think you need to look up what the term deflection means. If someone brings up an issue with something and a fan boy deflects the issue by bringing up an issue of something else, that is deflecting. Bringing up a fact that GM and Chrysler paid back their loans(not stock purchases that the treasury department sold at the wrong time to get a low ROI on) is NOT deflecting.

Yah. Justify it anyway you feel warm and fuzzy with it. Still a leech on the taxpayers dime.

ShinerBock wrote:

time2roll wrote:
The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.

Actually, if you look at how the carbon credit laws are written and how they keep getting stricter and stricter, they are made that only companies that produce EV's or fuel cell vehicles can benefit from them and they don't even consider the added carbon from battery or electricity production.

The tides may be turning in this department as the technology that pulls carbon from the air turning it into fuel keeps advancing. If this happens it allows the automakers to purchase these credits elsewhere which may cut or significantly reduce most of Tesla's cash flow since they cannot survive on car sales alone.

Tesla has a good chance of reaching critical mass before these credits are sourced elsewhere. JMHO.

Reisender wrote:

Ok. Here’s the American bill. Happy deflecting.

https://www.google.ca/amp/s/www.fool.com/amp/investing/general/2013/09/15/why-gm-still-owes-taxpayers.aspx

And puleeze, don’t talk about GM and quality in the same sentence.

Again. JMHO.

I think you need to look up what the term deflection means. If someone brings up an issue with something and a fan boy deflects the issue by bringing up an issue of something else, that is deflecting. Bringing up a fact that GM and Chrysler paid back their loans(not stock purchases that the treasury department sold at the wrong time to get a low ROI on) is NOT deflecting.

time2roll wrote:
The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.

Actually, if you look at how the carbon credit laws are written and how they keep getting stricter and stricter, they are made that only companies that produce EV's or fuel cell vehicles can benefit from them and they don't even consider the added carbon from battery or electricity production.

The tides may be turning in this department as the technology that pulls carbon from the air turning it into fuel keeps advancing. If this happens it allows the automakers to purchase these credits elsewhere which may cut or significantly reduce most of Tesla's cash flow since they cannot survive on car sales alone.

philh wrote:

wilber1 wrote:
They have been at it longer so that shouldn’t be surprising and will be unlikely to change until more companies start designing EV’s from the ground up instead of adapting existing ICE platforms.

There were others before Tesla. Tesla has defined the market.

Tesla is far from the first EV builder but it is the first major manufacturer of from the ground up EV's. Others are starting, the I3, I Pace and Etron are all ground up EV designs but the Leaf, Hyundai/Kia EV;s, Bolt, E Golf etc are all based on ICE platforms.,

ShinerBock wrote:

Reisender wrote:


Nope, they didn’t. But nice deflection. Google Canada writes off GM and Chrysler loans.

I don't care what GM or Chrysler does in Canada since I don't live there and the the topic is not about them so bringing them up just because someone says something negative about Tesla in this thread is a deflection. I would be more than happy to discuss them in a thread about GM and Chrysler loans, but this thread is about Tesla.

Ok. Here’s the American bill. Happy deflecting.

https://www.google.ca/amp/s/www.fool.com/amp/investing/general/2013/09/15/why-gm-still-owes-taxpayers.aspx

And puleeze, don’t talk about GM and quality in the same sentence.

Again. JMHO.

Reisender wrote:


Nope, they didn’t. But nice deflection. Google Canada writes off GM and Chrysler loans.

I don't care what GM or Chrysler does in Canada since I don't live there and the the topic is not about them so bringing them up just because someone says something negative about Tesla in this thread is a deflection. I would be more than happy to discuss them in a thread about GM and Chrysler loans, but this thread is about Tesla.

The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.