Recent content by phil0909

Well, what the rules should be and what the rules actually are are two different things, aren't they? IBD now reporting that the lease rule clarification does indeed allow tax credits for high-price EVs and high-income taxpayers...

Apparently not. Not if they can lease in January and collect the credit from taxpayers instead.

It would, though in the absence of taxable income, Tesla is unable to benefit from tax credits. Presumably Tesla would work with a (profitable, taxable) leasing company in years when Tesla has no taxable income.

It has. But then we had all the "big changes" enacted with the recent IRA legislation. Now, it seems those changes have been effectively overturned by the IRS - all you need to do is lease to get around those new rules. That's why Senator Manchin has been begging for different regulation and...

The issue is that Treasury Dept. has determined that leasing IS a commercial use. Thus, leasing companies are eligible for the CCVC, which they may pass along to the consumer in the form of reduced lease payments. See Topic G, on the last three pages of the IRS fact sheet...

Isn't this kind of a big deal? Both for Tesla and for foreign manufacturers? Does it also make vehicles over the MSRP limits eligible? How about all the taxpayers over the new income limits - do they get the $7,500 tax credits if they lease the car?

Is he saying that generalized FSD is many years away? Doesn't it take a long time to "solve a major part of real-world AI"?

We build or buy a brokerage too. Vertical integration. Have you learned nothing from Elon?

Perhaps Kimbal, if not Elon.

How should the one million Tesla robotaxis handle those highways next year? Blacklist? No-go zones?

Well, it IS going vertical; this sure ain't horizontal!

This.

Combined ratio includes overhead. They survive on investment income.

Did you get better?