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This is true. Highly unlikely the EV rebates will continue during Trump’s second tenure. And certainly not during his third term (and more if healthy)I'm not confident the $7500 rebate will be around in 2 years too.
Why? Nobody said they can't buy that one when it finally comes out too.will feel silly once the updated MY is released.
It’s really about congress, and given their inability to do anything whatsoever, including changing existing laws, I don’t see a super high risk of this at the moment. Neither party is getting to 60 votes in the senate in the next few years.This is true. Highly unlikely the EV rebates will continue during Trump’s second tenure.
Congress is up for election (most of it) at general election in November. Supreme Court in the pocket already. Completely doable. Unlimited presidential terms constitutional amendment coming. Watch meIt’s really about congress, and given their inability to do anything whatsoever, including changing existing laws, I don’t see a super high risk of this at the moment. Neither party is getting to 60 votes in the senate in the next few years.
trade-in. that's the context of the OP.Why? Nobody said they can't buy that one when it finally comes out too.
simple truth, everybody has different personal circumstances, don't see what's wrong with that.Money must fall from trees for you guys.
It depends on many factors that really run against the EV rebate being rescinded. If I was putting down money I would predict the 7,500 remains until its sunset date in 2032.This is true. Highly unlikely the EV rebates will continue during Trump’s second tenure. And certainly not during his third term (and more if healthy)
Don't let the actions of people either online or in person allow you to sway your perception of your own position. What I've learned over the years is that, typically, the biggest "ballers" also tend to be the most exposed to risk. The slightest hiccup and the house of cards come tumbling down. Lots of people playing "the spread" and #'s games while being leveraged to the hilt to impress people they don't know.Money must fall from trees for you guys.
Might as well go to Vegas and drop the same money on red. Your TSLA play isn't a given even though so many people on this forum think that it is. Single stocks, in general, are FAR too risky yet too many people who don't have the available liquidity see it as a sound play while ignoring the q-factor for risk.Better getting some TLSA and watch the value going up, than a new Tesla and watching its value going down....
Your comparison assumes you must buy something for the $5k and there is no 3rd option. It also assumes I'm of the mindset that one should spend $5k on another new vehicle if they don't want to invest in TSLA.while I generally agree, the difference between putting cash into a new vehicle purchase is knowing with nearly 100% certainty that vehicle will be worth less, immediately, and will continue to depreciate. there is no reason to believe that your purchase will bring back the same, or more, value at any point in the future.
with TSLA stock, you have no substantive idea of it's value in the future. could be less, but could also be more.
if the idea is pay $5k more for a brand new edition of essentially the same car, OR
keep the exact same car, and buy $5k TSLA stock instead. (and these are the only choices in this hypothetical)
I'd choose the stock.
why? because that will result in a max downside of $5k. I wager the new MY will be more like a $10k loss, because of the effects after the new MY refresh is published.
Did you even read the thread? No one is saying buying a car in general is wasting money, especially if you keep it for years and use it to its full potential.Your waste of money is another's carpe diem.
I'd rather have the six enjoyable years my family and I have had with my Model 3, so I don't categorize the money spent as "wasted".
I spent that money so we could enjoy the heck out of it.
About to continue enjoying that investment and also get a Model Y as a second Tesla - also not wasting money, just doubling the enjoyment.
Sure did, did you even read the post above mine? That post directly and specifically talked about it being a waste of money, so yes, someone is talking specifically about wasting money. But I wasn't directly accusing someone which is why I wasn't replying.Did you even read the thread? No one is saying buying a car in general is wasting money, especially if you keep it for years and use it to its full potential.
But to pay $7600 to “upgrade” to the same car that’s 1 year newer would be considered wasting money by a lot of people.
Did you trade in your model 3 every year over the last 6 years or you kept driving it because it still works and didn’t make sense to get a new one just for the sake of a new one?