1. Attachments are working again! Check out this thread for more details and to report any other bugs.

Featured EV tax credit end good for Tesla?

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by mikefocke, Nov 15, 2024 at 7:10 PM.

  1. mikefocke

    mikefocke Prius v Three 2012, Avalon 2011

    Joined:
    Nov 3, 2012
    3,760
    1,680
    0
    Location:
    Sanford, NC
    Vehicle:
    Other Hybrid
    Model:
    Limited
  2. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

    Joined:
    May 12, 2018
    7,438
    6,920
    1
    Location:
    Pennsylvania
    Vehicle:
    2018 Prius c
    Model:
    Two
    Might cut his sales volume by 2/3, but most of his competitors are likely to bow out of EVs altogether.
     
  3. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    20,183
    8,356
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
  4. bwilson4web

    bwilson4web BMW i3 and Model 3

    Joined:
    Nov 25, 2005
    27,665
    15,664
    0
    Location:
    Huntsville AL
    Vehicle:
    2018 Tesla Model 3
    Model:
    Prime Plus
    Curious, I never bought my three Prius, EV or two PHEVs for a subsidy. I'm too cheap frugal as the operational cost savings are more than the (purchase price - salvage) value.

    Bob Wilson
     
    #4 bwilson4web, Nov 15, 2024 at 10:29 PM
    Last edited: Nov 15, 2024 at 10:37 PM
    ETC(SS) likes this.
  5. Georgina Rudkus

    Georgina Rudkus Senior Member

    Joined:
    Sep 15, 2018
    3,244
    2,257
    0
    Location:
    Taylors, SC
    Vehicle:
    2012 Prius v wagon
    Model:
    Two
    Yes; absolutely.

    The government should not choose winners and losers.
     
  6. Trollbait

    Trollbait It's a D&D thing

    Joined:
    Feb 7, 2006
    22,452
    11,766
    0
    Location:
    eastern Pennsylvania
    Vehicle:
    Other Non-Hybrid
    Amusing in a non fun way. The current EV credit was crafted to move EV and battery production to the US, and it was doing that.
     
    Danno5060 likes this.
  7. Georgina Rudkus

    Georgina Rudkus Senior Member

    Joined:
    Sep 15, 2018
    3,244
    2,257
    0
    Location:
    Taylors, SC
    Vehicle:
    2012 Prius v wagon
    Model:
    Two
    Jeden das seine. You get what you deserve. You get what you voted for.
     
  8. john1701a

    john1701a Prius Guru

    Joined:
    Jan 6, 2004
    12,769
    5,252
    57
    Location:
    Minnesota
    Vehicle:
    2017 Prius Prime
    Model:
    Prime Advanced
    That narrative doesn't stand a chance, since Tesla has no intention of breaking out beyond its niche. Toyota is taking its own sweet time with offerings capable of competing elsewhere with market China is pursuing. So what if it is exploiting its worldwide reach with hybrids to offset the cost of that. We'll see that void here which Tesla is refusing to address get filled by others.

    In other words, there is a massive audience for Model 2. A sampling of sedans currently available in the United States make that all too clear:

    $30,000 = 2025 Toyota Prius
    $29,535 = 2025 Toyota Camry hybrid
    $29,945 = 2025 Mini Cooper
    $29,390 = 2025 Honda Accord hybrid
    $29,280 = 2025 Nissan Leaf
    $28,145 = 2025 Kia K5
    $28,140 = 2025 Nissan Altima
    $27,800 = 2025 Hyundai Sonata
    $26,995 = 2025 Chevrolet Malibu
    $26,065 = 2025 Subaru Legacy
    $25,345 = 2025 Honda Civic
    $25,135 = 2025 Mazda 3
    $24,665 = 2025 Subaru Impreza
    $23,310 = 2025 Toyota Corolla
    $23,220 = 2025 Volkswagen Jetta
    $23,145 = 2025 Kia K4
    $22,775 = 2024 Hyundai Elantra
    $22,730 = 2025 Nissan Sentra
    $21,145 = 2024 Kia Forte

    That market segment is absolutely vital, but quite a challenge to do well in from getting only razor-thin profit in return from each sale. With all the years of hope a Model 2 would eventually be offered, people are now finding out Tesla can't actually compete. It's an example of a business that catered to enthusiasts to such an extreme, resulting optimization now impairs the ability to appeal to the wider audience. And just like with conquest sales GM focused on, loyalty has been extremely difficult to retain.

    Ordinary showroom shoppers will be looking for an affordable choice at their favorite dealer. That is why GM has finally targeting their own loyal customers with EV models of Equinox & Blazer. That is also why Ford has their "skunkworks" project, to develop a low-cost offering. We know that Toyota is working on smaller & affordable too. Legacy auto is painfully slow, but at least they aren't choosing to stay within a niche.

    It has been obvious for years that Tesla has been dependent upon money FSD. That meant selling something in the "entry-level" category would never happen, since such a vehicle wouldn't include FSD. So, it is utter nonsense to imply: "That might leave the entire Market in the US for tesla."
     
  9. ETC(SS)

    ETC(SS) The OTHER One Percenter.....

    Joined:
    Oct 28, 2010
    7,856
    6,658
    0
    Location:
    Redneck Riviera (Gulf South)
    Vehicle:
    Other Non-Hybrid
    Model:
    N/A
    WHY would it stop?
    Isn't that what the VATs and Tarrifs are for?

    Honestly, the next administration is going to be led by a person who lies even more than a Minnesota governor.
    Why believe anything he says or are we just cherry-picking ONE thing from some random three hour interview?

    Bob for the WIN!

    Wake me up when they start taxing BEVs or when there is an 'SE' version that's widely available and the 99-percenters can afford..... ;)
     
  10. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    20,183
    8,356
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
    Kind of sad - continuing to slap the niche term on Tesla even after millions & millions of their conquest sales. It made sense to call them a niche in the early days when they were only getting conquests against the prius, but as it stands, and I know you don't want to be nailed down as to what a niche is, sales wise, but even if Tesla were the 5th largest manufacturer in the world, might you still be using the niche pejorative against them?
    As for China? Toyota only got permission to keep selling ANY cars to China because they hammered out a deal to offer X% of their overall offerings as electric cars in china. That's disingenuous to suggest otherwise.
    Yes, Toyota will do just fine, even though their EV offerings will continue to remain 'average' quality - compared to other EV's. If Toyota can deal with that? That's fine too. Obviously shareholders were disgruntled with Toyota's slow approach as that's why they ousted/voted out their leadership.
    .
     
    #10 hill, Nov 16, 2024 at 12:27 PM
    Last edited: Nov 16, 2024 at 12:35 PM
    Zythryn likes this.
  11. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,164
    50,060
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    i'm sure there will be some sort of carve out for tesla, unless the relationship goes south
     
  12. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

    Joined:
    May 12, 2018
    7,438
    6,920
    1
    Location:
    Pennsylvania
    Vehicle:
    2018 Prius c
    Model:
    Two
    it's spelled "until"
     
  13. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    20,183
    8,356
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
    thankyou captain positivity ....
    ;)
    .
     
  14. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,164
    50,060
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    you can look at it that way, and history certainly makes a case for it. but 4 years (or more) of major benefits to both parties wouldn't surprise me at all.
     
  15. Danno5060

    Danno5060 Active Member

    Joined:
    May 31, 2023
    254
    113
    0
    Location:
    Wyoming
    Vehicle:
    2011 Prius
    Model:
    Base
    EV adoption is going to be like CAFE standards. It's always just on the horizon, but it never actually arrives.

    Just as soon as it looks like it's going to happen, along comes an administration that doesn't want it to happen.

    [​IMG]
     
  16. wjtracy

    wjtracy Senior Member

    Joined:
    Sep 19, 2006
    11,341
    3,596
    1
    Location:
    Northern VA (NoVA)
    Vehicle:
    Other Hybrid
    Model:
    N/A
    every time USA designs an incentive for Hybrids or EV's. one primary objective is to block Japanese auto makers from benefiting too much.
     
  17. Isaac Zachary

    Isaac Zachary Senior Member

    Joined:
    Jan 20, 2018
    2,001
    939
    1
    Location:
    USA
    Vehicle:
    Other Hybrid
    Model:
    N/A
    I wish I could get Bob's math to work for me. Owing an EV or PHEV at a cost savings that's overall greater than an ICEV would be awesome!

    That's why I got the Nissan Leaf. It was going to be the cheapest way to keep moving myself around. Except I couldn't get it to work for me.

    I'm hopeful that maybe some day.

    Arguably not niche anymore, but still expensive. Even if considering used or with both federal and state incentives the cost of a Tesla is prohibitive, at least for me. Sadly, it's not just Tesla but insurance that ends up being the real killer in my case.

    Then again, it's been 6 years since I was in the market for a car. I'm not exactly sure what I'd buy if suddenly I needed another car. Hopefully it would be an EV.
     
  18. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,164
    50,060
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    i'd say they are trying to attract manufacturing to the us
     
  19. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    110,164
    50,060
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    musk is negotiating with iran. next it will be china. he might be indispensable
     
  20. hill

    hill High Fiber Member

    Joined:
    Jun 23, 2005
    20,183
    8,356
    54
    Location:
    Montana & Nashville, TN
    Vehicle:
    2018 Chevy Volt
    Model:
    Premium
    Same with Korean cars, and then the ultimate kibosh is towards Chinese cars
    .