What Trump's Win Means For Tesla

  Рет қаралды 15,907

Tailosive EV

Tailosive EV

Күн бұрын

Пікірлер: 335
@chaseing_chase
@chaseing_chase 18 күн бұрын
End subsidized thing for both oil and electric
@TailosiveEV
@TailosiveEV 17 күн бұрын
Oil subsidizes aren't going anywhere, Trump never claimed that
@freddybell8328
@freddybell8328 17 күн бұрын
​@@TailosiveEVHe never claimed Trump claimed that. He's saying that's his optimal scenario.
@JDMSwervo2001
@JDMSwervo2001 17 күн бұрын
We need the oil industry. Oil has to remain cheap so that everything else can remain cheap
@Nphen
@Nphen 17 күн бұрын
Check out Edison Motors. Big trucks, construction equipment, and farm equipment all use a lot of fuel. Diesel/electric hybrid can cut fuel & emissions by half. And refit current vehicles. America should subsidize base infrastructure, like cheap factory space, paid apprenticeships at trade school, and grants for places like maker spaces and companies like Edison Motors, so they can grow themselves instead of having to sell out to vulture, I mean venture capital.
@vorpalinferno9711
@vorpalinferno9711 17 күн бұрын
@@JDMSwervo2001 WHY CANT WE REPLACE OIL? do you know vulnerable a system is when it is dependent on ONE commodity? the replacement for oil is just around the corner.
@steinwaymodelb
@steinwaymodelb 17 күн бұрын
Vance has publicly suggested replacing the EV tax credit with a tax credit for any vehicles built in the USA. Naturally that's perfect for Tesla.
@edsta714
@edsta714 17 күн бұрын
Umm no not at all. The $7500 credit made Tesla comparable to similar ICE cars. If you can get a $7500 credit on ICE cars that makes the math that much more against EVS.
@richardmenz3257
@richardmenz3257 17 күн бұрын
@@edsta714made in USA, components can be from anywhere. That would be the best for Tesla. This would exclude Mexico btw as well.
@miraphycs7377
@miraphycs7377 16 күн бұрын
what a cope. During Q2 24, when Tesla reported 45% decline in quarterly profit, out of 1.4 billion profit, 900 million came from credit. Only 500 million from actual profit on the cars sold. It is very obvious what will happen to Tesla and other EV players like Rivian and Lucid when Trump relaxes CAFE's MPG requirement and CARB is removed altogether. Other automakers do not need to buy as many credits from them
@Aggie4life77
@Aggie4life77 17 күн бұрын
Put that tax credit money towards building the charge infrastructure!
@craigt8432
@craigt8432 17 күн бұрын
so basically just give the money directly to Tesla bc they're the only ones who know how to build reliable chargers 😅
@Harrythehun
@Harrythehun 17 күн бұрын
If we support home chargers I agree.
@burgers8
@burgers8 17 күн бұрын
Agreed! Instead of subsidizing people's personal vehicles, it makes more sense to invest in infrastructure and incentivize EVs that way.
@jamesmoore560
@jamesmoore560 18 күн бұрын
Drilling for more oil won't help, since we are already floating in oil.
@32phoenixx
@32phoenixx 17 күн бұрын
What ??? 😂😅😂
@benjaminmeusburger4254
@benjaminmeusburger4254 17 күн бұрын
​@@zSion because the US is the world largest supplier of oil and hit an all time high last year
@toothpasteelf4385
@toothpasteelf4385 17 күн бұрын
…from other countries
@jamesmoore560
@jamesmoore560 17 күн бұрын
We are a net exporter.
@toothpasteelf4385
@toothpasteelf4385 17 күн бұрын
@@jamesmoore560 we were not when Biden took office. He realized he screwed the pooch and started allowing us to pull oil again. We still import oil from other countries.
@Guerreropowerr
@Guerreropowerr 18 күн бұрын
Yeah if Elon has a good relationship with Trump, I'm hopeful the EV industry remains healthy, although Tesla will be just fine regardless.
@whynotstartusingyourbrain8726
@whynotstartusingyourbrain8726 17 күн бұрын
Man, you are so naive. Trump screwed over every single business partner he had in his life. He is president. He doesn't need Elon any more you stupid naive fucks.
@miraphycs7377
@miraphycs7377 16 күн бұрын
during Q2 24, when Tesla reported 45% decline in quarterly profit, out of 1.4 billion profit, 900 million came from credit. Only 500 million from actual profit on the cars sold. It is very obvious what will happen to Tesla and other EV players like Rivian and Lucid when Trump relaxes CAFE's MPG requirement and CARB is removed altogether. Other automakers do not need to buy as many credits from them
@darwinskeeper421
@darwinskeeper421 17 күн бұрын
I sincerely hope somebody talks Trump out of tariffs, the big thing they will do is increase the cost of anything that is imported. Anybody who doesn't believe that the higher prices won't be passed onto the consumer doesn't understand how business works.
@Thebluebimmer
@Thebluebimmer 17 күн бұрын
Yeah Trump surely doesn’t know how business works. He’s only a billionaire after all
@jon-slem
@jon-slem 17 күн бұрын
Mexico will pay for it, so we're good :)
@geisty
@geisty 17 күн бұрын
It's a question of scale, particular industry, and time allotment. It's messy for sure, but it's about creating the momentum towards increasing manufacturing bases here at home.
@r3x_delta30
@r3x_delta30 17 күн бұрын
Bro we don’t pay the tariffs… the country that wants to import does
@wyattb3138
@wyattb3138 17 күн бұрын
He did it last time and it was okay
@Nalla328
@Nalla328 18 күн бұрын
Well navigated. It will be interesting to see how their “partnership” continues.
@chaseing_chase
@chaseing_chase 18 күн бұрын
I hope Trump doesnt end the Federal Tax Credit in 1 week lol
@deej628
@deej628 17 күн бұрын
How’s he gonna do that if he’s not in office for another couple months
@himonstercartoons
@himonstercartoons 17 күн бұрын
@@deej628 I believe that if he does we have until at least the beginning of 2026 for the tax credit
@adamdarrow
@adamdarrow 17 күн бұрын
@@himonstercartoonswhy not January 2025?
@himonstercartoons
@himonstercartoons 16 күн бұрын
@@adamdarrow The tax credit took until the next year to be implemented when it was changed, so it might be the same if it ends
@002mjr
@002mjr 18 күн бұрын
That was a nice fair breakdown
@L6Jeremy
@L6Jeremy 18 күн бұрын
I hope the tax credit doesnt go away...
@JDMSwervo2001
@JDMSwervo2001 18 күн бұрын
Why? If EVs are so good and affordable you should be able to buy it without the tax credit
@kyzlekiko
@kyzlekiko 18 күн бұрын
Most of the time the up front cost is what blocks people from getting one…
@T1702B
@T1702B 18 күн бұрын
​@@JDMSwervo2001 What is wrong with you? If you think like that so everything that we pay with our tax money should be remove, Police officers, Fire fighters, everything that has to be paid with tax money
@grouponful
@grouponful 17 күн бұрын
@@L6Jeremy it will. He said it would
@BenefitOfTheDoubtInquiry
@BenefitOfTheDoubtInquiry 17 күн бұрын
​@@JDMSwervo2001 because gas car purchasers aren't paying the costs associated with the pollution and green house gases trapping heat generating massively destructive hurricanes. Instead they're fuel is subsidized by the federal government. Gas cars are vastly more subsidized than the EV credit.
@grouponful
@grouponful 18 күн бұрын
I wonder if Trump will fire him this time or if he'll quit trumps cabinet AGAIN... 🤔 He's like a battered house wife. Can't walk away even though Trump doesn't care about him or anyone. He used him for his money and fanme🤦‍♂️🤦‍♂️🤦‍♂️
@bensondentalassociates8690
@bensondentalassociates8690 17 күн бұрын
Seethe
@whynotstartusingyourbrain8726
@whynotstartusingyourbrain8726 17 күн бұрын
What is much more troubling he used him for legitimacy. But he doesn't give a fuck about Elon.
@adamoore
@adamoore 17 күн бұрын
Stay mad
@merrittfamilycircle
@merrittfamilycircle 17 күн бұрын
I have two teslas, but I am for domestic energy independence, and more choices for Americans, it shouldn’t be dictated what vehicle you drive by mandates, that said as EV ‘s mature I do believe they will naturally take over the market because they are cheaper, faster, have better technology and can be fueled by the sun. We are all individuals, what I love may not be what everyone loves, and that’s ok.
@ccibinel
@ccibinel 18 күн бұрын
Tax new ICE vehicles to offset the environmental impact rather than making specific EVs cheaper.
@JDMSwervo2001
@JDMSwervo2001 18 күн бұрын
Now we know that’s not happening
@growingup4487
@growingup4487 17 күн бұрын
would bring car sales down and the dealers would lobby against it
@DanaVastman
@DanaVastman 17 күн бұрын
You may as well forget that now that y'all put that person in office...
@walterwhite1
@walterwhite1 17 күн бұрын
@@growingup4487exactly
@GrumpyWolfTech
@GrumpyWolfTech 17 күн бұрын
You do realize that EVs burn coal to get charged right.......
@dougvaughan818
@dougvaughan818 17 күн бұрын
If Rivian starts to fail what are the chances Fed steps in to save Rivian for the jobs?
@dvader3263
@dvader3263 17 күн бұрын
Zero.
@SkepticalGuy
@SkepticalGuy 17 күн бұрын
No chance lol
@KhoaTran-x9i
@KhoaTran-x9i 17 күн бұрын
None
@Nightmarenightmarenightmare69
@Nightmarenightmarenightmare69 16 күн бұрын
Lol
@h20dancing18
@h20dancing18 18 күн бұрын
Trump on charger costs was talking about a program that assigned billions in funding, only a small amount was spent and only a few dozen stations were installed
@jonevansauthor
@jonevansauthor 17 күн бұрын
He was outright lying though. The charging sites are already being installed, and the costs are not what he claimed at all. Ben Sullins did a good video on it. kzbin.info/www/bejne/hmHJd5x-g9uSrKc&pp=ygUXZXYgY2hhcmdlciB0cnVtcCBjbGFpbXM%3D
@jamesr.9239
@jamesr.9239 17 күн бұрын
as usual trump cares not for the details. it takes time to find sites to build on , get local permitting and approvals, run electrical infrastructure to feed the chargers, and all this can take months to years. However , Cheeto Jesus knows nothing about what he speaks.
@ConservatEV
@ConservatEV 18 күн бұрын
Cheaper energy doesn’t just mean oil and gas… it means electricity too. That will still give EVs an edge on cost per mile. Tesla semis suddenly look better, and with inductive charging even better still. Yes, that’s only theoretical but clearly Tesla is pushing hard for it and they tend to achieve what they push hard for. Eventually. In some form.
@generallyhelpfulsoftware646
@generallyhelpfulsoftware646 17 күн бұрын
Yes. Electricity is so expensive here in the NorthEast: 23¢/kWh compared to other parts of the country. If lower regulation leads to more nuclear, or cheaper natural gas and thus to cheaper electricity, an electric car makes more sense.
@Nphen
@Nphen 17 күн бұрын
The projected gas savings will go down faster than your electric rates will. Insurance is still too expensive in many states, too. If the tax credits go away, EV momentum is going to slow. In 1999 it seemed like hybrids would proliferate. Then Bush came into office. Then Obama made the big truck loophole. Oil is not going to go away quietly.
@telih
@telih 17 күн бұрын
@@generallyhelpfulsoftware646 wth? Your house electricity is 23c? Here in WA its 7~8c. thats insane. Hopefully it lowers for you soon.
@generallyhelpfulsoftware646
@generallyhelpfulsoftware646 17 күн бұрын
When we had a blip in natural gas prices post pandemic, it was 32¢ for about a year. Oh, and Vermont decided to close their nuclear plant in panic after Fukushima. Thankfully, here in New Hampshire half our power is nuclear or I don’t know what it would have gotten to. And, of course, there was an organized campaign to prevent us from getting power lines for Quebec hydro a few years ago. How are we supposed to have heat pumps and electric cars without cheap electricity?
@dennishsu1001
@dennishsu1001 17 күн бұрын
@@generallyhelpfulsoftware646 We pay 7-8c/kWh 24-7 as well, if you have higher rate than 25c, might look into adding solar panels to your house?
@jacobB1290H
@jacobB1290H 18 күн бұрын
Maybe LFP will come back once the tax credit goes away. The tax credit has been messing with teslas pricing structure from the beginning
@BenefitOfTheDoubtInquiry
@BenefitOfTheDoubtInquiry 17 күн бұрын
Not if trump puts tariffs on imported batteries
@ledzeppelin1212
@ledzeppelin1212 17 күн бұрын
Get politics out of everything. No tax credits, no tariffs on Chinese EVs. Just free markets.
@JDMSwervo2001
@JDMSwervo2001 18 күн бұрын
EV tax credits need to end there’s already enough waste and abuse of our tax dollars
@mcsike7264
@mcsike7264 17 күн бұрын
Same for oil and gas even playing field
@samanthashoemaker5908
@samanthashoemaker5908 17 күн бұрын
​@@mcsike7264 I agree but Trump doesn't want to do since he gets money from Fossil Fuels
@JDMSwervo2001
@JDMSwervo2001 17 күн бұрын
@@mcsike7264yes but we need the oil and gas industry because we rely on it so heavily it’s not something we can just get rid of overnight
@edsta714
@edsta714 17 күн бұрын
Why stop there? Why are U.S tax payers subsidizing your mortgage interest, student loan interest, medical bills, children credits, private jets etc. or is just EV’s your suddenly upset about?
@mcsike7264
@mcsike7264 17 күн бұрын
@JDMSwervo2001 not get rid of it just stop subsidizing it by giving billions away if you think ev subsidizing was high lmao its nothing compared to oil and gas you word need a microscope to see the ev subsidizing if they were side by side so just drop both and let the best and cheapest tech win
@RivMike205
@RivMike205 17 күн бұрын
It is fun to watch you walk close to the flames-well done Drew, good points. As you know, I am in favor of the market guiding sales, it is particularly troubling when the Government blocks the sale of some products that do not pose an immediate danger to consumers.
@samovalle9883
@samovalle9883 16 күн бұрын
You did a great job with that video!!
@bertwright1790
@bertwright1790 17 күн бұрын
I think the reduction in regulations is Elon’s major motivation. Regulations may cost more than the tax credits, but at the current increase in the number of regulation is will it will.
@CharliePryor
@CharliePryor 17 күн бұрын
6:00 Tesla's sales will drop for sure, but so will all their competitors, and it will be much worse for competitors - since they will now have to buy EVEN MORE regulatory credits from Tesla, which is also a huge revenue source for Tes..... oh... right... yeah, these two are probably going to remove those too, with their gut of environmental mandates. Wouldn't it be poetic if a significant portion of Tesla's revenue went away, while their opponents wouldn't have to buy those credits from them anymore... all because of the candidate he campaigned for? One this is certain: this won't be boring.
@cylonmode
@cylonmode 18 күн бұрын
Musk tied himself to Trump for a reason... Elon will benefit somehow. Either Tax credits or cheaper vehicles, I'd be happy with either.
@darwinskeeper421
@darwinskeeper421 17 күн бұрын
I suspect that Elon is primarily interested in lower taxes for billionaires.
@edsta714
@edsta714 17 күн бұрын
He’s interested in skirting regulations for his businesses. He thinks there’s some magic wand that will make robotaxi’s legal everywhere when in reality it’s a State by State and even County/City regulation.
@dennishsu1001
@dennishsu1001 17 күн бұрын
Yes, I believe Elon will benefit from Trump Admin., but thru all the "Regulations" (to slow) SpaceX and FSD (Robotaxi). He doesn't need Tax Credit; Financially, Tesla, SpaceX and all his companies are doing fine...Maybe Except "X", but he bought it (Twitter) for a Greater Reason.
@cylonmode
@cylonmode 17 күн бұрын
@@darwinskeeper421 I'm not interested in talking points.
@melonmelon2848
@melonmelon2848 17 күн бұрын
I like these takes and how Drew is able to navigate through the touchy subject in question, it's just more productive this way for the EV adoption IMO
@bruceyarbro9986
@bruceyarbro9986 17 күн бұрын
Electric, and ICE for that matter, don't need a subsidy. Just make them good!
@ledzeppelin1212
@ledzeppelin1212 17 күн бұрын
Preferably no tariffs either. We should be allowed to import cars without paying a big tax on it.
@Leonardokite
@Leonardokite 17 күн бұрын
To me bottom line, Aptera is the only vehicle that makes sense for me, a.k.a. myself my wife and my dog. The 400 mile range is far more than I need other than once every year or so. And for most use solar will be enough. For trips I can plug into a standard 110 on each end if I am not staying long enough for solar to recharge. Oh and I’m 100% against subsidies. The market should decide. But then I get the idea that it spurs on development and indeed EV’s are the future. But at this point, I think it’s about time to end it and let the market work. Again, I think once the Aptera gets loose it will become a must have phenomenon.
@chaseing_chase
@chaseing_chase 18 күн бұрын
I believe everyone should have the choice to decide what car they want, even though I think Teslas are the future, i believe in choice of vehicle
@kestrelglassingsystems6704
@kestrelglassingsystems6704 17 күн бұрын
I predict a sub-year positive working relationship for Musk and Trump.
@Yorkshireasaurus
@Yorkshireasaurus 16 күн бұрын
I don’t think it’ll last that long? Both are narcissists.
@X5493-c7p
@X5493-c7p 17 күн бұрын
In 2025 Tesla will have cheaper versions of the 3 & Y that’ll offset the loss of the tax credit dubbed the ‘Model 2.5’ so Tesla will do just fine
@jeffs9850
@jeffs9850 16 күн бұрын
The $4,000 tax credit for used EVs eliminated our 2023 tax bill. We installed solar this year & the 30% credit will take us 3-4 tax years to use. I hope that won’t be affected.
@therisensun9277
@therisensun9277 12 күн бұрын
I know that Trump wants to lower taxes on goods manufactured in America, so I think that evs manufactured in America would likely see a decrease in purchase cost before incentives, and that definitely helps. It will be interesting to see where a product like the aptera falls in terms of tariffs, given that the majority of its components are manufactured outside of America, but assembly is in America.
@fwphilly3244
@fwphilly3244 17 күн бұрын
Elon will put Trump's AI persona on every Optimus
@allenpreval8598
@allenpreval8598 17 күн бұрын
We all know Trump knows nothing about EVs. Elon being a part of this will give some helpful insight to the administration on making EVs better and stronger. Especially with the charging infrastructure.
@allenpreval8598
@allenpreval8598 17 күн бұрын
Especially when it comes to approvals for self-driving, I don't like Trump, but this may be amazing for Tesla.
@HummusYummus
@HummusYummus 17 күн бұрын
Well-made video! No untruths about politics, and there were a few things in here I had never heard about, like Trump letting China bring their EV manufacturing here. I think this will bring in a new era for EVs
@garywozniak7742
@garywozniak7742 17 күн бұрын
As far as I know, no law has prevented them from building cars in the U.S. like Japan, South Kirea, and Europe. Dirs. A Forbe article awhile back mentioned that China lacked a dealership and distribution network in the U.S. and would have to develop one as well as manufacturing to produce components in the U.S. that are required to be eligible for tax credits, etc.
@edouglasroche
@edouglasroche 17 күн бұрын
You kind of forgot a huge plus, Elon being critical to Trump win means half the country that has been very anti EV will sudden be far more open to Tesla. Already seeing many conservative channel being more lenient to EVs. And Trump still needs Elon, he is just to critical to Trump in so many ways. Particularly Twitter.
@g.pattonhughes5991
@g.pattonhughes5991 17 күн бұрын
This podcast inspired me to reup my subscription to the Bulwark and also inspired this substack, which I think the bulwark is in a key position to exploit as a disruptive but in an open, transparent, crowd-funding way that illustrates the inherent corruption that is trumpism! The substack link is in the first reply.
@niacal4nia
@niacal4nia 17 күн бұрын
What's uglier than a Cybertruck? A naked Musk on a boat.
@toothpasteelf4385
@toothpasteelf4385 17 күн бұрын
Aside from agreeing about another man naked on a boat, looks are subjective. To me the ugliest vehicles were between the 90s to 2000s. Right now it’s nice to have something that changes up the scene every now and then.
@backdoormanintheend
@backdoormanintheend 18 күн бұрын
Thanks.
@lsh3rd
@lsh3rd 17 күн бұрын
The EV Summit debacle snubbing Elon may be the single biggest miscalculation by any political party in the last 4 years. Drew, you do a very good job at interjecting politics into the discussion when it is absolutely necessary to do so - the reality is that it is inseparable from the topic of electrification.
@scottarseneault6601
@scottarseneault6601 17 күн бұрын
Thank you, Drew.
@o8sessed
@o8sessed 17 күн бұрын
If the EV tax credit were to go away, does that affect anyone who has already purchased/financed a tesla with the tax credit?
@IndigenousEarthling101
@IndigenousEarthling101 17 күн бұрын
Tesla cars began losing the EV tax credit at the end of 2018. Tesla was still losing money on their cars in 2018 and 2019, and only became profitable in 2020, without the EV tax credit. Tesla remained profitable in 2021 and 2022 without the EV tax credit and throughout 2023, the year in which Tesla's EV tax credit/rebate were restored under the IRA. Many of us may have forgotten, but Tesla remembers.
@Kimbrough87
@Kimbrough87 17 күн бұрын
Makes sense though if you can’t beat them join them 😅
@jordyworley91
@jordyworley91 17 күн бұрын
Hopefully they get rid of the tax credit so other companies can start making better cars.
@georgelewis8831
@georgelewis8831 17 күн бұрын
All very good points
@Luma_29
@Luma_29 17 күн бұрын
I think it’s safe to assume that Tesla will ABSOLUTELY be staying on top. Other Chinese companies who may have considered coming to the US someday are completely out the window with these tariffs he’s planning to pass. Not saying this is for sure or anything but its always made me wonder why Elon was so damn persistent in getting Trump reelected, and that may be bc 1) yes he’ll get a massive tax cut but 2) with tariffs for other non-American EV companies like BYD are gonna be way more expensive.
@alexkwitko1577
@alexkwitko1577 17 күн бұрын
Sorry, but your statement about the automotive regulatory credit revenue line item is not correct. The federal tax credit doesn't show on the Tesla profit & loss statement. Federal tax credits might impact total sales volume. “Automotive regulatory credits are credits that Tesla earns by producing zero-emission vehicles, which contribute to meeting emissions and fuel economy regulations set by government agencies. In many regions, automakers are required to meet certain environmental standards, and if they don’t meet these standards, they can either pay fines or buy credits from companies like Tesla that exceed these requirements. Tesla generates these credits because it exclusively produces electric vehicles, which have zero tailpipe emissions. Other automakers who fall short of regulatory standards often purchase these credits from Tesla to comply with regulations, enabling Tesla to generate revenue from this activity. This revenue, known as “automotive regulatory credits” on Tesla’s income statement, has been a significant source of income for Tesla, particularly in earlier years as it helped them offset other costs. “
@SteveLomas-k6k
@SteveLomas-k6k 13 күн бұрын
It seems to me most Tesla owners like the idea of a new independent American car brand, more than it being run on batteries.. if Elon could start putting V8s in his cars, I think that would be a huge hit. But producing a competitive modern gas engine isn't like wiring up some batteries to an electric motor- it's a big technological leap. Which is why most EV makers went bust over 100 years ago...
@nafnaf0
@nafnaf0 17 күн бұрын
Honestly Tesla doesn't need the subsidies, the others do though... Tesla's current evaluation is certainly not based on its car sales alone. Tesla will do pretty well over the next 4 years either way. The Model 3 and Model Y are still excellent product. If unassisted FSD gets approved is finalized and it gets approved it will be a game changer. For the tax credit to go away, a change in the law would be required by Congress, which could be done. The current law is pretty convoluted, but whatever...
@TailosiveEV
@TailosiveEV 17 күн бұрын
Tesla still has substantially higher profit margins with the credits. They will survive without them but they won’t thrive
@badtoro
@badtoro 17 күн бұрын
Trump made it clear that he is anti ev but Elon can maybe lessen the impact
@dennishsu1001
@dennishsu1001 17 күн бұрын
He's not anti EV; he just doesn't want people to be Force to buy only EVs. You should have choice to buy what you want- We have both (2) ICE and (1) EV and will get another EV soon. We voted for Trump. The Tax Credit should go to Charging Infostructure for All, rather than individual Purchase.
@mikeeddington1803
@mikeeddington1803 17 күн бұрын
Eldon gave Donald lots of $, Eldon will be looked after
@brandonn161
@brandonn161 17 күн бұрын
I just hope that they won't stop improving on EV infrastructure. It is no where close to where it need to be for wide adaptation
@jamesr.9239
@jamesr.9239 17 күн бұрын
Perhaps Tesla doesn't need the tax credit to succeed from a profit stand point but buyers do need it. My brother purchased a Chevy Bolt back in January and I bought a Model Y in July and neither of us would have done it if we could not have taken the $7500 credit, it just would not have been done at all. I can't speak for anyone else but the tax credit is a vital tool to spur a more rapid adoption of EVs but the new/old administration will likely do away with it so Tesla may see a downturn in sales that even a greater than average margin won't compensate for.
@TesIaCH
@TesIaCH 17 күн бұрын
Switzerland doesn't have EV subsidies and last 3 years the most sold car in Switzerland was Tesla.
@raymondhon4661
@raymondhon4661 17 күн бұрын
I've purchased 5 different Teslas since 2019 and never qualified for any tax credit, but I will continue to buy Tesla because they are by far the best, tax credits or not.
@Body_Model
@Body_Model 6 күн бұрын
Wow how rich are you to be replacing cars every year? lol
@tob4942
@tob4942 17 күн бұрын
People have short term memory. This has happened before when they ran out of the original EV credit and Trump was in office and gas price was cheap. Yes Tesla happened to scale during Biden administration, but I would argue Tesla now is no longer competing against other crummy EV’s but agains gas vehicles. That’s exactly where we need Tesla to be so they innovate against the whole market fairly so tech advances.
@Body_Model
@Body_Model 6 күн бұрын
Taking the incentives away will just promote BYD when they arrive in North America.
@VadersFirst
@VadersFirst 16 күн бұрын
I definitely see a “Made in USA” credit or tax advantage for the business which then trickles down to consumers.
@bensontek
@bensontek 17 күн бұрын
my thoughts are that Elon is more intelligent than Trump so he will get what he wants. I have no concerns.
@harveysmith4424
@harveysmith4424 17 күн бұрын
I feel like it won’t be lost at least for Tesla or other manufactures that have a bigger push on American made parts because of all the work Elon put in to help get trump elected.
@jpmackin
@jpmackin 17 күн бұрын
Tesla does not need the tax credit… the other OEM’s do….
@TailosiveEV
@TailosiveEV 17 күн бұрын
That doesn’t mean Tesla will do as well they have without it
@jpmackin
@jpmackin 17 күн бұрын
Note: Tesla, is not just a car company…..their highest revenue stream will continue to be from power packs, semi ramp-up and Optimus...
@jpmackin
@jpmackin 17 күн бұрын
You’ll see.
@jokulhaups309
@jokulhaups309 17 күн бұрын
I thought it was gonna be chevy, but I wouldn’t be surprised if Musk brought back the SS
@Derpy1969
@Derpy1969 18 күн бұрын
The CT will never get the tax credit, whether it exists or not.
@yeahman211
@yeahman211 17 күн бұрын
Why not? Domestic batteries, below 80k.
@NukemNak
@NukemNak 17 күн бұрын
It already does.
@FriedChairs
@FriedChairs 17 күн бұрын
@@NukemNak It doesn’t. It’s priced just above the $80k cutoff.
@NukemNak
@NukemNak 5 сағат бұрын
​@FriedChairs wow, that's going to come as a surprise to my buddy who just got the credit last week when he bought a cyber truck. 🤣
@alittleofthisnthat5665
@alittleofthisnthat5665 17 күн бұрын
The ev summit talk is crazy being considered as a snub when people actually understand it was designed/meant to encourage the companies not making BEVs at high numbers never meant for Tesla
@jaromirkraus9034
@jaromirkraus9034 17 күн бұрын
Perhaps margins and profitability weren't Elon's greatest concern when he saw the freaks Trump was running against.
@SkepticalGuy
@SkepticalGuy 17 күн бұрын
End the tax credit. Give the tax credit to made in America cars. For any and all makes.
@garywozniak7742
@garywozniak7742 17 күн бұрын
Which is it ? End it of give to cars made in America ?
@henryfield15
@henryfield15 17 күн бұрын
Thanks for a refreshingly sane reaction to the election.
@javeronh.3996
@javeronh.3996 17 күн бұрын
if they take the tax credit away that would be great. because then lower taxes so I could keep my money and save to afford one, or at least afford to keep my house for my family. when oil was cheap we were able to save so much we were thinking about getting an electric car less than 2 years old. now I can only afford a vehicle that needs work just to go on the road
@edsta714
@edsta714 17 күн бұрын
Maybe the U.S. should take away your mortgage interest deduction, child tax credit so I can keep more of my money.
@javeronh.3996
@javeronh.3996 17 күн бұрын
@@edsta714 if they take less of my money then I don't need them to hand back a smaller portion of what they took
@edsta714
@edsta714 17 күн бұрын
@@javeronh.3996 How much do you think you’re “keeping”? EV tax credit probably works out to $.05 a person if that. U.S. spends $960B on defense. $1.4T on SS, $848B on Medicare. You might want to start there if you really want to keep more of your money.
@javeronh.3996
@javeronh.3996 17 күн бұрын
@@edsta714 and the less of my money they take the more efficient they have to be. plus are you proving my point that they spend way more than they bring in and waste most of it
@dewberry3043
@dewberry3043 17 күн бұрын
It means $TSLA is UP. And Less regulation for TESLA (and SPACE-X) to implement it's ROBOTAXI.
@Blazerelf
@Blazerelf 17 күн бұрын
It’s impressive how he holded for so long that grudge for both getting invited to the event summit
@alexmckenna1171
@alexmckenna1171 17 күн бұрын
Now that Trump is elected, he doesn't really need Musk any more. So Elon has to hope Trump will do the decent thing for him..
@MOBMJ
@MOBMJ 17 күн бұрын
Tesla will be fine without the credit. Legacy auto is who really needs it, since there are not profitable. Tesla is. The longer legacy puts off there EV investment, the worst it will get.
@Ariel_Simms
@Ariel_Simms 5 күн бұрын
Hey Drew, no judgement or criticism, just purely curious: What are your political beliefs and who did you vote for?
@Hugo-py2ce
@Hugo-py2ce 17 күн бұрын
Rates went up on the cybertruck about a week ago, from 5.1 to 5.5%
@stevendcompton
@stevendcompton 17 күн бұрын
"F"!!!!! I was hoping 2 motor would be $60K. w/o credit doubt it Looks like I might be getting a Telluride
@whiteandnerdytuba
@whiteandnerdytuba 4 күн бұрын
Tesla built in America so it helps them. Every company needs an Elon to clean house
@larrymeadows9991
@larrymeadows9991 17 күн бұрын
I doubt the subsidized EV tax credit will end - because the MFG's cant make it without it a this moment. That's a fact.
@EricSmoger
@EricSmoger 17 күн бұрын
Pretty good breakdown, but I'm skeptical that the price of gas will get significantly cheaper due to anything Trump does. We are already at record levels of production and OPEC has a lot more power to alter their output to impact world prices. Ironically, doubling down on promoting EV use would be a good way to continue pushing demand for oil down and therefore drop prices, but of course he won't do that.
@ascendantP
@ascendantP 17 күн бұрын
Soon, all new government vehicles will be all Teslas
@IM0001
@IM0001 17 күн бұрын
What is interesting is how the entire EV market is thinking Elon will get some sort of special treatment over other EV's which I don't feel has been anything he has wanted. He's been big on EV Adoption as a whole so it wouldn't be for any sort of special treatment of Tesla over others. Make the playing field level and the same for all other players, and let the market play out with everyone competing fairly. Win/Win.
@Magikk
@Magikk 17 күн бұрын
is this the guy for the voice of bob's burgers?
@pingnick
@pingnick 17 күн бұрын
Yeah I think the 7,500$ should be scaled down a bit annually until 2030ish end but yeah bullish for Aptera obviously if axed in January indeed
@craig8638
@craig8638 17 күн бұрын
I’ll tell you what it means for me. I’ll never buy another Tesla as long as Elon Musk has anything to do with the company.
@zandercerlong9693
@zandercerlong9693 17 күн бұрын
Saying Tesla might not be able to grow volume without an EV tax credit isn’t accurate since they are 2 cheaper variants coming out next year. The consumer doesnt care why the car is cheaper when you lower the price you open up millions of more potential so long as the prices remain the same and cheaper with new variants & CyberTruck still coming down in price they will increase market share and thus increase future robotaxi on road and thus increase their Data collection
@garywozniak7742
@garywozniak7742 17 күн бұрын
Tesla's " cheap " without the tax credit is what ? $35k ?. The Cybertruck is dropping by $80k or maybe $70k. Not cheap enough.
@zandercerlong9693
@zandercerlong9693 17 күн бұрын
@ the AVERAGE selling price of a NEW vehicle in the US is $48,397 so yes 35K is pretty good for a brand new car. & tesla has industry leading margins meaning they can go lower. AVERAGE selling price of a NEW TRUCK in the US is $65,713 tesla can for sure get the CyberTruck that low or lower. Could probably have an entry model at 59K. & you also ignored the biggest part of what i said and that is the delivery of cheaper new models coming out next year. Tesla absolutely will grow volume whether or not the tax credit is there
@garywozniak7742
@garywozniak7742 17 күн бұрын
@@zandercerlong9693 According to an October report by Market Watch, Americans needed an annual income of at least $100,000 to afford a car, at least if they're following standard budgeting advice, which says you shouldn't spend more than 10 percent of your monthly income on car-related expenses. That means that more than 60 percent of American households cannot afford to buy a new car, based on Census data. For individuals, the numbers are even worse, with 82 percent of people below the $100,000 line."
@zandercerlong9693
@zandercerlong9693 17 күн бұрын
@ 😂😂 so you are going off “sensible finance data” thats NOT how Americans shop. So it’s totally irrelevant to how many cars tesla can sell. And again you CONTINUE TO IGNORE my main statement that they are coming out with 2 different cheaper cars what they are we dont know just that they are going to be cheaper. Lets say its 28K with no tax incentives. On a vehicle with ZERO maintenance and if charging at night is practically zero $ for your miles driven. Most Americans can afford that. Nothing you are saying is making any sense you are literally trying to grasp at straws each rebutle gets worse. Just stop
@garywozniak7742
@garywozniak7742 17 күн бұрын
@zandercerlong9693 RepairPal puts the average annual repair cost of a Tesla vehicle at $832, well above the average cost of $652 across all brands" Repair cost for EV are not $0. The heavier vehicle weight takes it toll and ture and suspension components. Price is a barrier gor a large segment if the U.S Population . Decent $25k or sub $26 EV are going to be necessary to increase EV sales. Particularly as certain states are setting dates where new ice vehicle will no longer be allowed to sold.
@gonzaloleviatanh
@gonzaloleviatanh 17 күн бұрын
I believe Elon is shifting his focus from auto manufacturing to software development and his other businesses.
@StarInfinite00
@StarInfinite00 17 күн бұрын
Elon better get on his knees and start begging 😂😂😂. Also this is why Tesla should of focused less on vaporware and more on lower cost models like a smaller model 3 and Y
@LCCB
@LCCB 17 күн бұрын
I don't think Elon cares much for Tesla anymore, based on his recent statements and behaviors. Seems he's more obsessed with immigration and population, as well as cutting regulations around SpaceX.
@cingkole7893
@cingkole7893 17 күн бұрын
12:20 YESSIR!!!
@witkowskimarcin4552
@witkowskimarcin4552 17 күн бұрын
Don’t forget that some pro democratic consumers may refuse to buy Tesla again. Just because they don’t like this Elons new friendship with Trump.
@theplouf5533
@theplouf5533 17 күн бұрын
Best part, no FSD...
@davidbelecci6970
@davidbelecci6970 17 күн бұрын
Americans will experience nobody is able to make “cost of living” cheaper. Referring to a previous administration with lower prices when world economy was totally different, is useless. Deflation will never happen, since it is an economic disaster.
@JoeCap-pr7kz
@JoeCap-pr7kz 17 күн бұрын
I’m hopeful that my financial wellbeing is going to be very healthy over the next 4 uears
@maximusdecimusmeridius5438
@maximusdecimusmeridius5438 17 күн бұрын
Next 4 years Tesla will hit 2k per share
@GabeB5517
@GabeB5517 17 күн бұрын
I hope it doesn’t go away. Elon now working with trump is going to Amazing. I still voted for him anyway. I just what a Cybertruck in 5 years hopefully at 40-60K for a dual motor
@ien2023
@ien2023 17 күн бұрын
cybertruck is not selling anymore and he not gonna have a tax credits??
@monkeyrun
@monkeyrun 17 күн бұрын
LOL who cares. EV credit is the least of our problem. How about abolishing the Education department, or having an anti vax health department.
@32phoenixx
@32phoenixx 17 күн бұрын
It's amazing how All Tesla youtube creatures put out the exact same content. Seen one seen them all. 🇺🇸🇺🇸 President Trump 🇺🇸🇺🇸
@geisty
@geisty 17 күн бұрын
A true Democrat is now a Republican. MAHA DOGE Peace + Diplomacy + Booming Economy
@TimBorg
@TimBorg 17 күн бұрын
BOYCOTT AMERICA
@pinkiepie1656
@pinkiepie1656 17 күн бұрын
I agree. Boycott South America.
@TimBorg
@TimBorg 17 күн бұрын
@@pinkiepie1656 no just boycott USA where the braindead evil climate criminals are who voted for Hitler to ruin the economy of ALL THE WORLD and destroy all life on earth with toxic pollution and lies
@TimBorg
@TimBorg 13 күн бұрын
@@pinkiepie1656 no boycott USA
@pinkiepie1656
@pinkiepie1656 13 күн бұрын
@@TimBorg why are we boycotting the University of South Australia?
@TimBorg
@TimBorg 13 күн бұрын
@@pinkiepie1656 united states of America for been the most evil place in the world voting for Hitler reincarnated to destroy all life on earth
What Trump's Win Means For Aptera
9:37
Tailosive EV
Рет қаралды 4,1 М.
How John Deere Robs Farmers Of $4 Billion A Year
19:47
More Perfect Union
Рет қаралды 1,7 МЛН
ТЫ В ДЕТСТВЕ КОГДА ВЫПАЛ ЗУБ😂#shorts
00:59
BATEK_OFFICIAL
Рет қаралды 4,5 МЛН
Кто круче, как думаешь?
00:44
МЯТНАЯ ФАНТА
Рет қаралды 6 МЛН
Why American Cars Are So Expensive
13:53
CNBC
Рет қаралды 1,7 МЛН
New Tesla Model 3 v BYD Seal: Ultimate review!
32:27
carwow
Рет қаралды 4,9 МЛН
MAJOR Tesla Announcement - BIGGEST Discounts EVER!
22:23
Robert Rosenfeld
Рет қаралды 52 М.
James May finally drives the Tesla Cybertruck
14:15
James May’s Planet Gin
Рет қаралды 7 МЛН
The Best Tesla Deals Are HERE | Used Tesla Buying Guide
24:03
Ryan Shaw
Рет қаралды 32 М.
Checking Out Aptera's PI2 & PI3!
24:55
Tailosive EV
Рет қаралды 18 М.
Car Mechanic Reviews The Tesla CyberTruck! Breakthrough or Super Gimmick?
1:03:33
The Car Care Nut Reviews
Рет қаралды 478 М.
I Finally Bought a Tesla Cybertruck Late 2024 | Here's Why
19:33
ТЫ В ДЕТСТВЕ КОГДА ВЫПАЛ ЗУБ😂#shorts
00:59
BATEK_OFFICIAL
Рет қаралды 4,5 МЛН