Featured EV tax credit end good for Tesla?

Discussion in 'Prius, Hybrid, EV and Alt-Fuel News' started by mikefocke, Nov 15, 2024.

  1. Isaac Zachary

    Isaac Zachary Senior Member

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    Very true. It's just a bit scary as so many things are pushing the pendulum in the more expensive direction at once when the demand for economic solutions, like cheap cars, is in full swing the other way. If a lot of people are going to want ^need an econo car in the next few years, yet they no longer exist, competition flattens because incentives on some vehicles are lifted and most others are pushed out of the market through tariffs, it might be a bit hard in the coming years. Then again, who knows. No one can predict the future.
     
  2. Leadfoot J. McCoalroller

    Leadfoot J. McCoalroller Senior Member

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    No kidding. I'm trying to get most of my 2025 meat into the freezer now.
     
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  3. john1701a

    john1701a Prius Guru

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    That is the proper term for absence of diversity. Also, you're the one assigning an emotion, implying a negative stigma. Many niche businesses thrive, perfectly happy remaining a specialty choice.
     
    #43 john1701a, Nov 17, 2024
    Last edited: Nov 17, 2024
  4. john1701a

    john1701a Prius Guru

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    Another aspect of ending EV credits to consider is what the outcome does for SuperChargers.

    Think about how many Model 3 and Model Y owners are already annoyed by J3400 rollout. Evidence of that comes when that is mentioned as the new standard instead of NACS... which doesn't even stand for "North American Charging Standard" anymore. The powers that be changed "Standard" to "System". Anywho, I've encountered pushback a number of times now when referring to J3400 instead of NACS.

    Also, think about how many current Tesla owners refused to address what would happen to SuperChargers if Model 2 became a reality. A flood of new Tesla's all charging slower (due to their smaller packs) would further dilute the benefit of having easy access to DC charging. Retention of exclusivity is lost when growth outpaces availability. Some of the CCS station usage congestion would become a problem at SuperCharger locations too.

    Long story short, the future of Tesla is no longer clear and manipulating subsidies will only provide a temporary benefit.
     
  5. John321

    John321 Senior Member

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    In yet another blow to the chicken little crowd -some automakers are bringing innovation and new econo models out - One automaker is introducing the K4 model and will soon introduce the K3 model both wonderful economy cars listed at right around $20,000 - The K3 will also be made as an economy style station wagon with a possible hatchback door.

    Toyota already has a couple of wonderful cars in its economy line - Corolla is a value packed economy vehicle from Toyota.

    These great models are already available in 2025 with the K3 maybe pushed into 2026 - sigh - but don't give up hope - maybe the sky will fall in 2026.

     
  6. Zythryn

    Zythryn Senior Member

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    Why do you belittle someone just because the are looking for a less expensive car?
    As mentioned, there are currently a couple sub-$20k cars. Both of which are being canceled.

    If another company is planning to sell a sub-$20k car in the USA, that’s great. Once they are available it will be nice to see.
     
  7. hill

    hill High Fiber Member

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    Right .... specialty choice. 90% in Norway for example. Or the largest market, China, some 37% for example.
    That's some niche
    Hard to grasp why electric car exploding growth bugs some people so much.
    What was it that Inigo Montoya said in "The Princess Bride"
    You keep using that word, I don't think it means what you think it means

    .
     
    #47 hill, Nov 17, 2024
    Last edited: Nov 17, 2024
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  8. Isaac Zachary

    Isaac Zachary Senior Member

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    Absense of diversity happened when the USA switched to crossovers. Everything is becoming a crossover. There is even a crossover Corolla. :sick:

    The Corolla is good value for the money. Factoring in fuel savings on the hybrid makes it a good choice.

    The one thing I don't like about Toyotas is right now they hold their value a bit too well. An old Yaris (same with Honda Fit, Toyota Corolla, Mazda 2 and 3, Honda Civic, etc.) are still sky high in price for a good one with low miles. I often can't see the point in getting a used one over a new Corolla when the used prices are so high and hardly have depreciated. But the Corolla is still kind of pricey. There were times you could get a Mitsubishi Mirage for under $10k brand new here in the USA not that long ago, and those get similar fuel mileage. Not a great car, but some like me only needs something to get from point A to point B. $30K is a bit much to spend on a tool that is supposed to depreciate quickly, and might some day, but we don't know.
     
  9. John321

    John321 Senior Member

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    Agree with your take on the Corolla.

    One of our most reliable and best car purchases was a used 1992 Corolla.

    We had to sell it when our expanding family outgrew it. That car was reliable as it could be - I can't remember making a single repair to it in all the years we owned it.
     
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  10. Isaac Zachary

    Isaac Zachary Senior Member

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    I bought a 1984 Corolla once back around 1998. I want to say it cost me $900. It was a good car too until someone crashed into me. The Corolla didn't survive. Good thing I did.

    The Avalon has been reliable too. My only complaint is the infotainment/HVAC messing up. I hope the Avalon lasts as long as I do.

    I just did a search for used Toyotas, Hondas and Mazdas, any model, 5 years old and under 60k. It seems all are either on a salvage title or some $20k or more.

    One thing I will never do again, and I don't care what people say, is buy another high mileage Toyota (or other car for that matter). The 1980's and 90's cars lasted a long time, but the new ones do only if the oil is changed regularly, something that I'm sure won't be readily available. After getting the Prius yard ornament, I'm never going to do that again. But that kind of limits what I'm able to buy with my budget.
     
  11. hill

    hill High Fiber Member

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    And why do you think there's pushback? Have you seen a survey ? Who cares what they call it, it is the same thing - right?
    Why would you have that opinion. You DO realize that there are adapters whereby as more & more cars switch to nacs - adapters will still allow for using the old SAE plugs. Correct? And why do you worry about crowded public stations. Didn't you know that between 80%- 86% of people charge at home most of the time?
    You seem very confused on Tesla's stand regarding subsidies. He's emphasized (musk) numerous times they ought to be DONE AWAY WITH - now, not later, not earlier. He's always been against them.


    .
     
    #51 hill, Nov 18, 2024
    Last edited: Nov 18, 2024
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  12. Isaac Zachary

    Isaac Zachary Senior Member

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  13. bisco

    bisco cookie crumbler

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    i wish my wife had some fracking payments...
     
  14. hill

    hill High Fiber Member

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    The funny thing about the OP's CNN hit piece (couched dialogue about Musk/Tesla hoping to tank other EV automakers) is that they don't seem to give a rats about subsidies for the oil industry. What? no Public Service message about that?
    Regardless of musk either being for or against subsidies, CNN could bash mask for holding either viewpoint. If he's "For" subsidies they say Tesla can't survive without them? "bad Musk. Against subsidies? He's trying to take the competition. "Bad Musk" They think reader are too stupid to see what's going on.
    Maybe CNN's goal here is simply to bash somebody that fights against principals of 1st Amendment free speech? What? Media bias?
    LOL
    The media industrial complex love loved him when all he did was build Electric cars, battery storage for solar Etc. But contradict their narrative?
    .
     
    #54 hill, Nov 18, 2024
    Last edited: Nov 18, 2024
  15. bisco

    bisco cookie crumbler

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    those are hidden. media likely isn't even aware, or it doesn't sell.
     
  16. bisco

    bisco cookie crumbler

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    i doubt hyundai/kia will have a problem, since they haven't had any credit yet, except leasing
     
  17. ColoradoBoo

    ColoradoBoo Senior Member

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    Good.....taking taxpayer money from one group and giving it to another group is just stealing. And who can afford $60K vehicles? Only the wealthy. So tax the poor to give to the rich? I don't think so! (Same goes for the ridiculous notion of paying off student loans....these kids are in the top-earning group, with their Bachelor degrees, and you want to take money from everyone else, many who paid off their OWN loans?)
    Let the greatest invention ever do it's thing....the free market. Let auto makers ask folks who buy their cars what they want instead of some sleazy government bureaucrats dictate it (a bureaucrat who is often bought and paid for by special interest groups.) Remember the FDA, last year or so, actually tried to tell us a bowl of Lucky Charms cereal was healthier than a steak? (We'll all be healthier when RFK goes to work on our crazy "health" agencies.)
    As a Toyota Truck Owner for almost 20-years, I'm hoping they wise up and bring back the V-6 and V-8....and preferability the indestructible ones with caste iron engine blocks not aluminum.
    Toyota should cancel their EV visions....the disastrous bZ4X is proof of that.
    And they need to focus on their Hybrids which has been the gold standard for many years....the new Mazda 2025 CX-50 Hybrid is looking pretty good!!! (And with an MSRP starting at $33K! WHAT?)
     
  18. hill

    hill High Fiber Member

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    Once they get rid of tax credits, that will be the end of those extremely lame hydrogen cars as well. Talk about a giant cash bonfire yielding very little.
    .
     
  19. bisco

    bisco cookie crumbler

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    i don't care either way, but whining about the parts of the tax code you like, and being silent about the parts you do like is disingenuous
     
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  20. Isaac Zachary

    Isaac Zachary Senior Member

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    What's a fracking payment? I wouldn't pay someone to frack. Well, maybe I do pay someone to frack. My house is heated with natural gas. Is the gas bill a fracking payment?

    The thing that bugs me about housing is that not only is it outrageously expensive, but there are materials and designs that could bring the cost and energy expense to heat and cool down to nearly zero. Well, my heater is running now as the snow no longer melts in the yard, a sign that I'll have to pay for people to frack.

    Isn't that everything to do with government? All taxes, tariffs, subsidies, etc. take money from these people and put it over towards those people. I do like having roads and police force though. I don't care if they add or take away subsidies or taxes or tariffs or whatever. Just don't expect me to buy a more than $5,000 vehicle when I can't.

    I've been told on this forum that my golden ticket to success would be to go get a degree in something. But I know lots of people who have gotten degrees and can't find a job that pays them more than McDonald's. I make more cleaning toilets then a lot of graduates I know, and some are deeply in debt for going to college. Maybe if there were better financially literacy in the USA we could help people make better decisions than to just try to sway people with taxes and ads (each group with it's own agenda) and them blame people for not knowing that college doesn't guarantee success and credit cards should not be used as credit cards and that you need to start saving young or you end up like me with no hope of ever retiring.
     
    #60 Isaac Zachary, Nov 18, 2024
    Last edited: Nov 18, 2024