Agreed and also get rid of farm subsidies! The government shouldn't be in the business of picking winners and losers in business let the free market work the way it was intended!
That’s not going to happen. Oil and gas subsidies are complex and ensconced. EV and renewable subsidies are recent and simple. And they were created by the Democrats which is why the Republicans want to get rid of them. This will have long term adverse consequences for US economy since other countries are helping their nascent companies. But the real war is between our two political parties, and nobody cares about the future of the country.
The subsidy is what made it affordable to purchase. Without the subsidy it makes the cars unaffordable. I think the subsidies are great because people can afford the cars and it gets people to purchase electric cars.
@@yankeedoodle7693 tough shit. The world is moving towards heat pumps. I would rather have an electric heat pump in my house with solar on the roof than rely on volatile natural gas prices. This is a no brainer. Energy independence starts in the home.
I recently drove my model 3 from Salt Lake City to LA and back. It's about 10 hours. Charging was not a problem. I'm always ready to stretch my legs and use a restroom and perhaps grab a snack about every 3 hours.
This! Everyone who complains about range and charging times while roadtripping forgets that even if your car has a 1000 mile range you are still going to have to stop at some point to just to rest, stretch your legs, go to the bathroom or get a bit to eat.
Charging is already fast enough for me. I love my 2025 model 3. Best way is to pay cash. I keep my cars for 10 years and save enough to pay cash. Payments suck. The Teslas are so well built now.
@@abbcc555 How is it silly? I'm a daily commuter. I drive 90 miles each day. FSD is pretty much flawless for me. I pull into the carpool lane and the car drives me to my parking stall at work while I relax and listen to a book or podcast. It lowers the stress of driving. I love it.
@@abbcc555 What is wrong with you? This is an absolute no-brainer for anyone who drives a lot, and especially for daily high-stress commuters. Why are you arguing about this? Further, cars can sense weather situations and can adjust to them extremely well. Finally, even if they couldn't, so what? Worst case one doesn't have to use FSD in those situations. Even in the worst places in America, 95% of the time weather is not an issue
I think Tesla no longer needs subsidies due to its manufacturing optimizations, which allow them to produce vehicles at lower costs and sell them without losing market share. They need to achieve more than just profitability to sustain long-term growth.
China has shown time and again that providing subsidies for companies to transition and adapt to a new industry creates a powerful incentive for many companies to come on board. The BEV industry is still in its infancy in the US. In my view getting rid of purchase subsidies now will hurt those who are struggling the most, Ford, GM, Rivian and Lucid. It’s the one thing that Biden really did well, was his widespread and comprehensive industrial policy for the US. It had set up the US for the next 20 years to challenge China, now we are going to have 4 years of incredulous stupidity coming down the pike!
Exactly, it was a great way to counter other markets. However, we just can’t fix stupid people. Currently, a lot of folks who love Tesla or planning to buy another EV will not be able to afford it. Furthermore, oil subsidies should be canceled as well.
Moved on from Tesla, always wanted one but not really now. The new Renault 5 Retro absolutely hits the right spot for me. Too late for the small hatch Tesla trying to be everything and anything.
We need Tesla's to be able to provide V2H,V2G,V2L (V2X) but that would impact on their battery sales Unfortunately my next EV will have V2X so probably not a Tesla Such a shame Cheers
Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.
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People need to look and demand companies that can make a profit on their own, not just those needing the Government to keep bailing them out using tax dollars. Consumers should also get used to not just expecting Government handouts too.
that's... not how that works. it's much more quick to charge at high speeds when low and slower speeds at high. Also, there's always a charging curve, that's how charging batteries work
Yeah, that *is* how it works. If the charging curve allows high speed only up to 30%, it isn’t that useful. If the charging curve is flatter so high charging speeds last longer, the overall charging speed would improve a lot. I wonder if and how much Juniper batteries will be better than current MY batteries.
The Fast Charging car will probably need lower resistance bus bars, charge current cabling and contactor, as well as higher capacity, heat dumping radiator and electric fan to control the temperature of the battery. The Air Conditioning may play a part in removing heat from the coolant loop. Some of that heat would be used in the Passenger Compartment in the winter while charging.
I believe that if the Model Y had the capability of charging at 500kw speeds with a good curve it would shut up the EV haters who say that the charging time is the problem and increase the sales dramatically, not that sales are bad now.
Seldom use superchargers, only about 3 times in 3 years. Once noticed when car pulled in next to me and started charging, my car's charge rate took a big hit. And they should protect the freakin cables from vandals.
I think Tesla should flatten their charging curve. Based on degradation studies of Teslas that Supercharger over 90% of the time, or more, there's very little difference in degradation in a Tesla that's been mostly AC charged. That would help charging speed of current Teslas a lot and probably impact battery degradation very little.
My 2004 Chevy Silverado is actually a truck, can have a utility bed put on it, or a camper.... I've put a few batteries in it, round about $100 each. Now you.
I think that the fact that Tesla aka Musk supports ending the tax credit offers an insight into his true aspirations, and a bit of a mask-off moment. I cannot deny the benefit Tesla has brought to changing the world's perception of EVs and the important role they play in sustainability, but I cannot believe that sustainability is so much the goal, as it is a positive byproduct. If sustainability were the goal, Tesla would want to get as many EVs in as many hands as possible, _however_ possible. That would suggest not only lobbying for the tax credit to stay, but also that it be expanded, among other things such as making the sub-$25k model an absolute *focus,* rather than an _if convenient, maybe we will see_ sidenote. Additionally, I think his support of ending the tax credits come at an interesting time. He probably knows that whatever market share he can gain from the credits, he's already gained, so ending them will only shoulder out any potential competitors he may have faced should the credits remain. Once again, suggesting sustainability isn't the focus. Don't get me wrong, I think that companies should make things, make money, grow, make more and better things, make more money, grow more, etc. But let's not let them whitewash what it is they are doing, call a spade a spade. Elon isn't some do-gooder Iron Man IRL character, he's all about making himself very powerful and influential and making himself and his shareholders very wealthy at the same time. We need to be able to accurately identify the players in a game before we can effectively maneuver the board. By buying into very carefully and meticulously crafted corporate slogans and allowing ourselves to be fleeced by PR firms that make millions by crafting such slogans, we allow ourselves to be blinded about whom the other players are and what moves we should be making. Not saying Tesla is the enemy or even Elon Musk is the enemy, sometimes he may indeed be an ally, but others, yes he is the enemy. It again goes back to proper ability to identify the other players, and in turn, their real goals.
A whole paragraph for stating the obvious, ,in short, all human beings seek authority and power and so does Elon he aint a saint, doing good for the world helping patients with his companies eg Neuralink , making transportation more affordable/efficient, spaceX etc AND he expects sth back like we all do. Everything we do in our short lives we expect to get sth back from it...cest la vie
Said it before but chargetime is almost useless, charging in supercharges is not using EV in the way it's "supposed" to be charged and is bad for the battery lifespan making the cars expensive as you both pay for "gas" closer to gas price and need to replace the already expensive battery earlier.
Faster charging makes EVs competitive with plug-in hybrids. A car you can drive all week back and forth to work and charge at home overnight, but with the capability to make long trips on the weekends or holidays. Once fast charging can add 500 miles range in the same time you can add 14 gallons of gasoline to a hybrid, there is no reason to carry an ICE engine around everywhere as deadweight 5 days per week. Tesla has learned how to use the thermal management system to counterintuitively reduce battery degradation during fast charging. We all know high temps over time cause degradation, but less known is that forcing a battery to charge when cold, a time when internal resistance is high, does MORE damage to the cells than if you just heat it to 60c for 30 minutes and then rapidly cool it back down to 25c. Obviously if you abuse supercharging it will eventually degrade the battery noticeably faster than slow charging, but if its only used when you need to drive 500 miles after work to get to your weekend destination, and then once again on the trip back, nobody will notice the degradation.
Ford and GM will be happier to concentrate on expensive EVs for those with the money who want to look 'good', Loss of incentives mean the cheaper EVs are no longer close to gas car prices and even Tesla will lose out if someone buys a gas Ford instead of a standard M3 or MY
I don't see a future for EVs in the US if the subsidy goes away. Including Tesla. You also have to consider that the components that go into the infotainment/FSD systems are going to become more expensive due to tariffs. So it's a double-edged sword. The cars will become more expensive, and there will be no subsidy to help encourage more buyers. Not enough people in the US can afford a $800-1000 monthly car payment. Here in the US, we'll get to watch as the rest of the world moves forward, which we've been doing for quite some time now.
@@bc4323 ICE vehicles will also be more expensive with tariffs because many parts on them are made in China. Pretty much any item you currently have today has some part made in China so everything will be more costly!
@@bc4323Tesla sold almost 1 million EVs at a profit and WITHOUT a $7,500 tax credit to buyers in 2021. Tesla sold 1.3 million EVs at a profit, again without the tax credit to buyers in 2022. Tesla sold 1.8 million EVs at a profit, WITH a tax credit, to those who qualified in 2023. That's far more than twice as many EVs as Ford sold in gas F-150s. People who want to keep driving their Blackberry gas vehicles for commuting can keep paying for gas and weekly gas station visits, oil changes, catalytic converters, mufflers/exhaust, brake pads/rotors and hundreds of parts and maintenance, or they can get into the 21st century. EVs aren't going away any more than the billions of smartphones, tablet, portable and desktop computers are going away.
I could see them updating the Model Y to have a normally 400V battery, but when supercharging it combines to be 800V... kind of the opposite of the cybertruck... which would make it where they only change the battery and not the rest of the underlying electrical that would be required to make the entire care 800V and/or 48V
The few Model Ys with 4680 cells are going to get faster charging speeds, the rest of us might see a slight increase in speed but nothing huge. Main benefit is for the Cybertruck.
Tesla executives saying they want to kill tax credits speaks volumes to why Tesla does not understand business. They must get executives that come from a sales background those people will get it and know any savings especially when the cost goes to someone else in this case the federal government is a huge money making positive. Trying to edge out the competition by making prices higher is ridiculously stupid. You make your company and cars more desirable by making them better. When you have the best product out there then the competition will have a much harder time chipping away at your market share. Fix the customer service, increase the quality of the materials and reliability of the materials. I would also copy whats working with other companies and learn to be humble when you find out people dont like your take or leave it approach. I would look at why Sexy buttons and knob have a strong following what does this mean when people want to stop using their tablet and want quick buttons to do the same tasks. I would also look at why the minimalistic approach is not for everyone. I would also learn from BMW in which they tried to upcharge for heated seats. People dont like being nickle and dimed for things they feel they should already have. So I would get rid of charging for performance and FSD and for internet connectivity. Having the only FSD in this price range is a huge incentive until you find out you have to pay for it then its not so cheap anymore. Tesla could be a huge company completely removing all the other legacy companies if they just made a few changes at the top.
Gotta admit, without the EV tax credit, I would NOT have bought my Tesla. Colorado will still have a $5000 credit plus $2500 if under $35k, which it sounds like Tesla will miss the boat on the latter one.
The market is competitive and after the tax credits goes away it will become even more competitive. If Tesla wants to sell Model Y in the future they should be at least on par with Hyundai/Kia.
I have mixed feelings on the EV tax credit. On the one hand, they do allow for more affordability for many folks, but on the other hand, it does make it seem like legacy automakers are purposely taking their time on getting production costs down, making their EVs cost a lot more. I remember some people saying once legacy automakers got the ball rolling on EVs, they were going to steamroll Tesla by building more EVs and having them available for lower prices as well due to their massive supply chains and more factories. The reality is significantly different, with them struggling to catch up to Tesla, as evidenced by Tesla still selling a huge amount of EVs and having them available for fairly low prices before tax credits. Regardless of what happens, I believe EVs are here to stay, no matter what Trump tries to do to it. EVs are sold globally, and if they don't give US automakers much incentives to keep making them, China will gladly eat their lunch even with tariffs in place once they get their $5-10k EVS (or maybe $20k with tariffs) into the US.
Love Tesla vehicles, but Musk is an ass. His companies have been the biggest recipient of government largesse. Both Tesla and SpaceX have gotten billions in subsidies over the last decade and a half and now of course he wants to eliminate his competition by getting rid of tax incentives that help make EV's more affordable for taxpayers like us. Those incentives are actually geared toward America First too because it makes it more difficult to qualify depending on how much of the battery and materials is US sourced vs foreign over time and we won't ever get to 2029 when all of it has to be domestic.
@@benprovan agreed. It needs to compete with larger vehicles like the ev9. Offer cloth seats and bring down the price for the base model. Offer the ability to install massaging seats after the fact too since China has so many vehicles with those. I'm thinking cloth seats will be the new base model and 3-5k cheaper next year across the board.
NOBODY IS TAKING ABOUT THIS. 5 years from now I want to replace my Model Y battery with a new one that gets 400 miles per charge. Between New battery tech and the current 5 billion shiitt range Model Y's on the loose, there has to be a huge replacement battery industry on the horizon.
Also keep in mind that safety is FIRST. Unfortunately FSD is not going to please everyone and it doesn't have to. It just has to be safe and it will surely compromise speed, etc.
8:35 And that's why I'll only ever subscribe to FSD, until the package is associated with my account. A deer jumps out in front, someone rear-ends the car, and now the $8k license I bought for some software gets totaled along with the car. Yeah, sorry, no thank you.
Easiest path is to instruct Treasury to remove existing exemptions of non domestic minerals such as graphite for vehicles that currently enjoy tax credit.
Well, the Republicans won the House and Senate. They could just pass a bill to repeal or at least strip away some stuff in the Inflation Reduction Act. They probably won't just cart blanche remove everything since that'll screw a lot of automakers over with all the investments they've been putting into building EVs in the US, but the EV tax credit is likely an easy one to kill off. While that will slow US EV adoption, I don't think it'll kill EVs off entirely. EVs are becoming more popular globally, and as China starts to corner that market, they're going to dominate car sales if they ever get a foothold into the US, which will hurt US automakers a lot if they don't have anything compelling to offer, tariffs or not.
Tesla's could maybe just charge at fast chargers from convenient offerings - like at Shell gas stations (Europe). Fastned has 300kW chargers all across the country (Netherlands) and in many European nations. Many fast chargers available ....
Elon has said he supports eliminating subsides for oil in addition to EVs. Obviously if gas prices in the US go up more people will want to move to an EV for the cost savings.
New model Y will probably be ready for more than 250kW charging but also probably won't have that capability when it comes out. Tesla is penny pinching everywhere and won't add better charging, at least until they start actually rolling out V4 cabinets. My guess is it will probably have 800V battery and 250kW charging but will get capability for +300kW with a software update and +400kW with hardware on models being made a year or two later.
Super excited for what the future holds! I do think removing the tax credits will hurt sales. If anyone is looking to buy before then, I have a referral code in my TH-cam bio! TYIA!
If legacy automakers were just $7,500 short of making a profit it might hurt them but they are losing WAY more than that per car so they need to fix the cost issue anyway. Also many models of EVs didn't qualify for the credit anyway so no change in the market for them. Same for customers that didn't qualify based on income. And for customers buying models that did qualify because of the credit they can now shop for any EV and not worry about losing the credit. That could be good news for Rivian, Volvo, and Lucid and brings Tesla prices closer to the same as other brands.
Chinese EVs are also subsidized, just not on the consumer side in the US. Chinese companies (like BYD) and others have huge subsidies from the Chinese government that massively offset the huge cost of vertical supply build out. Non-Tesla EV makers can't compete until they figure out how to vertically integrate much more of the vehicle which is an entirely different way of thinking about manufacturing from how ICE cars work today. Tesla had to vertically integrate because much of the supply chain didn't exist when they were building out and scaling.
I agree with everything you've said, and wanted to add one thing US legacy automakers have to contend with, the dealership model. They have largely been a yoke on the automaker's figurative shoulder weighing them down by adding unnecessary markup and many not being very excited about selling EVs. Look at Scout Motors, and their plans to sell direct to customers which dealer groups are getting very butthurt about. They have also fought Tesla tooth and nail in many state courtrooms to prevent direct sales from happening even though Tesla never had a dealership in their existence. If Trump allows Chinese automakers to set foot in the US even with tariffs, he's going to screw over a lot of automakers when they start offering relatively low cost EVs to US consumers, especially if they killed off EV incentives for American EVs.
I think we should take a holistic look at vehicle fuel. Disclosure: I did vote for Trump. What I would like to know is how does the $7500 credit compare to oil subsidies over the typical life of the vehicle. I'd favor getting rid of both OR making the total tax relief equal for both. I'd also like to see gasoline tax fixed rather than a percentage. Some years ago I read an SEC filing for a major oil company and was shocked that at that time total tax paid was higher than profit. This seems to always happen when oil spikes. Politicians scream and yell about gouging while not admitting the government is ALSO raking in record income from fuel. A long term plan to reduce ENERGY prices in the US will most certainly benefit the consumer and the nation. But we shouldn't just dump sustainable subsidies based on politics. I do agree that credits going away is inevitable soorner or later and EVs should stand on their own. A big step here would be consumers rethinking car ownership. Keeping cars longer. An EV should last longer than an ICE vehicle just based on mechanical complexity. Our plan in my home is to pass my MYP to my fiancee in about two years and get me something a little larger. We bought her current car a few years ago and normally she likes smaller vehicles but she loves my Y. I'd like the all new Lightning when it comes out in a few years or a Rivian. So we'd skip the back and forth this one time. But then our plan is to keep our cars for 10 years or more. FSD needs to be about half the cost. I'd buy it for $4k. It's just not worth $8k to me. I don't use it enough. If I could finance at a low rate it's even more attractive.
The $7,500 tax credit to buyers of EVs comes from the hard earned money and taxes paid by that worker. The EV buyer worked for their money and they get some of their money back in the form of a credit. Is it better that the Government gets to keep that $7,500 portion of your taxes? Will the Government spend that money more wisely than the person who earned it? Gas and oil subsidies are paid by all tax payers, regardless of how much fuel they purchased, or even whether or not they drive a gas or diesel vehicle. Maybe they ride a bike to work. Maybe they walk. Maybe they are elderly and no longer drive a vehicle. Maybe they're a working college student without a vehicle. Tesla sold almost 1 million EVs at a profit, WITHOUT a $7,500 tax credit to buyers in 2021. Tesla sold 1.3 million EVs at a profit, again without a tax credit to buyers in 2022. In 2023, Tesla sold 1.8 million EVs at a profit, with a tax credit, to those who qualified. Tesla will survive without a tax credit for their vehicles. Let people keep driving Blackberry vehicles, if that's what they want. Let them keep paying for gas, oil changes, brake pads/rotors, catalytic converters, mufflers/exhaust and hundreds of parts and maintenance. It won't make them richer. They'll get into the 21st century, probably later rather than sooner. No wonder so many Americans are poor or struggling. They can't do math and they have no critical thinking skills.
800V design is okay, but not necessary for the vast majority of daily drivers...who use home charging. If the cost to install an 800 v 400 system will reduce the price of production, then yes...switching over makes sense. If, however, moving to 800v setup still costs more than 400...leave it alone until the price matches 400 or gets lower. I'd venture a guess that Tesla will keep the 400v setup for all models except Cybertruck and Semi. As it stands now, if you want a true 800v home charger on a 200Amp service...you will need to do serious modifications. ....So...will Tesla put 800v in the 2025 Model Y? No, I'd be shocked if they did...as it does not reduce the COGS and increase profit margins. Once adding in 800v is equal to the cost of 400v... maybe then...but for a simple SUV like the Model Y...it really makes no sense. Let's revisit this by 2030, when the possibility of SS batteries become more real and common place. Let us allow the supply chain to grow and develop..which will in turn reduce the cost of 800v to create. What you might see... is the addition to allow wireless charging...like the Cybertruck. That simple update makes more sense. However, good alignment is necessary...that's where I question it...time will tell.
I don't think the wiper blade is that bad for the Cyber truck when you realize it's one wiper blade for the whole windshield! In reality you would still have to buy two wiper blades for any other vehicle, so dividing that $75 wiper blade in half is really only going to cost you $37.50/side LOL. I'd really like to see bicycles on those racks for the Cyber truck in pictures, for both types just to see how realistic they would work. Work. Also to see how that's going to affect those tailgates where it looks like the one higher would give you more accessibility to still use it with the bikes not being in the way, but also may look crazy ugly with the bikes being that far up. And lastly, the cover at $300 seems a little high, but not for something as unique and huge as the cyber truck. I'm getting a little excited for long-term cyber truck! At some point that this truck will be affordable for us and could have so many things available to it by the time it does become affordable.
Killing the subsidies would impact all of the jobs that were coming stateside because of the US manufacturing requirements AND allow EV makers to source batteries from China again with likely steeper tariffs. EV industry will be cooked.
Right, even if trump believes that evs dont help the environment he should still note that the tax credit will help the economy as it will promote manufactures to build their motors and batteries in the us
The troglodytes that complain about current Tesla charge rates are still going to complain if 10-80 is six minutes because they "can fill a tank of gas and go 300+ miles in under five minutes". I really don't think anyone is declining to buy a Tesla these days due to charge rates. Not at all saying this wouldn't be a welcomed addition, just that the people complaining now will still complain. As far as the tax credit, Elon literally said they have no plans for a $25k Tesla because there is no point. So arguing that he wants more affordable vehicles to exist sure seems like a fool's errand to me.
Removing $7500 tax credit will crush Profit Margin as Tesla will need to lower prices. They might be the only EV company alive but they won’t be profitable. Stock will tank if profit margins dip.
Most EVs don’t even get the tax credit so there will be alternatives out there. Kia and Hyundai have great EV sales. Hyundai and Kia sold 91,348 EVs from January to September 2024, a 30.3% increase from the same period in 2023. In the United States, Hyundai's EV sales increased by 60.8% in the first half of 2024. They don’t get any tax credit.
Tesla has the highest profit margin in the industry - EV and conventional. Remember how many they sold Before the Tax Credit? A lot! Tesla could withstand a $7500 cut and Still make money.
What you aren’t factoring in, is with a lot of the competition crushed, Tesla will have economies of scale lowering the production and distribution costs of the vehicles. This means even though the price will drop to enable mass adoption, the margins can remain intact once the low consumer cost threshold is crossed, where low cost ICE vehicles are now the high cost vehicles. Once Tesla captures the ICE market and that industry dies off, Tesla can increase profits as their market share balloons way bigger than it is today, plus the Tesla post car sale ecosystem will blossom as Tesla’s customer base expands! Tesla is out to win the war. Your shortsighted thinking is only to win the immediate battle, which is not the Tesla game plan!
If Tesla wants to sell more FSD they should develop a prorated schedule. My car will be three years old in Feb 24. Why would anyone in my situation consider paying the new vehicle price for a feature? Recently I have been renting FSD. I don't really need FSD but it is fun even though my car has HW3 and doesn't get the best versions. $8000, no way. At the current price of renting FSD, $8000 would pay for 80 months or 6.7 years. Adding the current age of my car, I seriously doubt that I will have it that long as it would be over 9 years old. The other factor is that all it would take is one good collision to total the car and FSD. Murphy's law applies, if I bought FSD, the chance my car being totaled goes way up. If Tesla applied FSD to the driver rather than the car, things would be different. Today, buying FSD is just too risky. I have been an active market trader for years and I know a lot about recognizing risk.
In my road trips in my Model Y, 15-20 minutes is already fast. Often the car says it's ready to continue the trip before I even got my food at a sit down restaurant. Under 10 minutes is comparable or faster than getting gas, if they can roll out enough V4's in a lot of places. Imagine if every mall and grocery store in your town had 12-40 V4 superchargers. You could get a meaningful charge in the time it takes you to do your weekly shopping, which should solve the charging issue for folks who can't charge at home. And yes, I understand that's going to require a lot of energy. But it's not like the electric companies are going to sit idly by either if there's enough demand to justify increasing the supply, much like they did when people started getting central air installed in their houses, and more recently, server farms being put all over the place which also has huge power demands.
I think the cyber cab at >$60k will be highly profitable. Think about airport shuttles that go between the hotel and airport. Defined fixed rout makes it easy to navigate since the car basically goes in a circle between the two locations all day and night and the hotel doesn't have to buy a van plus pay a driver.
I feel removing the EV credits is correct idea. With Tax write off of car Loan interest will be a better long term solution. Tesla is already the Peak of its builds and have created the machines to reduce costs. It will be something to see. I believe that people will see the uses have diversified Cars, I for one have old Hybrids, Old Gas, Old Diesel, and 2024 Model 3 LR. If anything I can drive local for less then .01 cent a mile and still get around if other fuels become cheaper. I conserve my money into what the markets will and always preform for a unknown futrure. I don't think Climente change is Man made since record over the history of the planet show that the earth has been too cold or way warmer then the temps today, But being able capital on savings and reduce cost of money has always been a great idea. Elon Knows the 1st rule of everything is Energy and the cost to move it is the Cube law it will alwasy take 3X the energy to move a mass.
Figures, that EV TAX will go away and Model Y price will be higher. I got my Model Y 2 weeks before Tax credit so no Tax credit and no discounts, and of course now that I am within 2-3 years to upgrade the price goes back up again and I miss out again. Rrrr.
Drive it for at least another 5 years, during which time the Juniper refresh will have been out for a few years by that point, and if there's new hardware for FSD, it should have that as well. That's what I plan on doing for my Model Y Performance that I bought back in June 2020. I already put 103k miles on it, so hope to get another 200-300k miles in before its time for a new one. Worst case, there'll be more EVs on the market, and hopefully cheaper ones by that time will be out.
Top Video, thank you very much. Some comments to Tesla: It will be difficult for Tesla in the future if they do not switch to modern batteries and, above all, to 800 volts in the near future. The competition, especially from China, but also from Germany, will put significant pressure on the market in 2025. There are already so many Model Y competitors ready and many more will follow in 2025, so Tesla really has to pick up the pace now. Unfortunately, the Model Y is no longer technically competitive. We are already driving the 2nd Model Y ourselves. The first was from 2021, the second from the end of 2022. Unfortunately, it feels outdated. Charging speed, material, seats, doors and, above all, Tesla's self-driving in Europe is a joke. Even Volkswagen is years ahead. Last week, I spent several days driving a Porsche Taycan, which you can get second-hand for as little as 60,000 euros. A world better car. I like our Model Y Performance, but the next one will probably not be a Tesla. We also have a Model S from the end of 2023, which is slightly better than the Model Y, but in comparison with a Porsche Taycan (same price), for example, it's no longer competitive at all. The only thing that's really better on, with everything I've driven so far, is the software in the Tesla. Except for all the self-driving services. Tesla simply can't do that. We had our first Tesla in 2020, the first Model 3 in Germany. From then until today, all of Tesla's driving assistance services haven't really gotten any better. 4 years until today. Totally disappointing.
I would agree if Tesla doesn't role out 800v Structural 4680 pack, it is a Huge miss. If they do (and we get the 8% silicon Anodes & maybe Asymmetric Lamination a year later) the Model Y will reclaim its seat as best for the money, and probably just overall. Hopefully Model 3 get migrated a year later to 800v. Model S and X I think will be forgotten. It just doesn't make a lot of sense to keep pushing those models forward
So what happened to the mindset of the supercharger network not being vital to Tesla and the entire division's personnel being laid off. Then he realized he made an error and hired some back. Now he's improving the network. Typical ego-maniac who knows everything mindset (until you don't know everything).
With those fast charging speeds and 500-600 miles of range, then Teslas will have gas cars beat in every way. With those specs, I’d feel so much better about doing long distance roadtrips, towing a trailer long distance and exploring more remote locations.
I really like your reports. When discussing the pros and cons of elimination of government incentives, a key element was not mentioned. In my view the most significant benefit for Tesla is that the incentives for hybrids and PHEVs will also go away. This will reduce sales and definitely harm traditional gas car makers with zero effect on Tesla.
Why are we so concerned about us adoption at evs? Are we so sucked into the horribly wrong narratives of climate change that we think that buying all new cars is going to save the planet?
Steel truck frame bent. Aluminum cracked. However, it is just a frame extension casting that broke. And it cracked because most of the weight of the CT was dropped onto the hitch which way exceeded the tongue weight. That casting unbolts and is replaced in that case. This was an extreme case. Go watch the whistling diesel video and decide for yourself.
What a joke. Where do they think they will get the electricity for these megawatt chargers? The grid is stretched now and all the windmills and solar panels on earth won’t move the needle. The dream is actually a nightmare.
Duke Energy, which is huge, currently has 17% excess capacity. It is expanding to 22% excess capacity. They are staying far ahead of its needs. I’m a Duke customer, and I buy NO electricity from them annually, because of my solar panels. Slowly, my neighbors are doing the same thing.
@ Not lucky. I worked for it and paid for it. And I don’t have an EV, yet. I just have the panels on my roof. When I do get an EV it will be a Tesla. They have not been spontaneously igniting like the Chevys have. Even without solar, Duke Energy is making excess power. We don’t have the problems that California has. I’m in the free state of Florida. We don’t have excess regulation here.
If EV subsidies go away, so should the billions spent annually with US tax dollars spent on oil and gas subsidies
Agreed and also get rid of farm subsidies! The government shouldn't be in the business of picking winners and losers in business let the free market work the way it was intended!
you do realise all of our civilisation runs on oil and gas right lol
@ No is does not do you realize...
That’s not going to happen. Oil and gas subsidies are complex and ensconced. EV and renewable subsidies are recent and simple. And they were created by the Democrats which is why the Republicans want to get rid of them. This will have long term adverse consequences for US economy since other countries are helping their nascent companies. But the real war is between our two political parties, and nobody cares about the future of the country.
The subsidy is what made it affordable to purchase. Without the subsidy it makes the cars unaffordable. I think the subsidies are great because people can afford the cars and it gets people to purchase electric cars.
If we end the EV subsidies we should end the oil subsidies too!
Exactly. The subsidies allow people to afford EVs and pushes the evs foeward.
EV subsidies are at the point of sale. do you get a tax rebate for each tank of gas? Youre also forgetting how much natural gas provides electricity.
@@yankeedoodle7693 tough shit. The world is moving towards heat pumps. I would rather have an electric heat pump in my house with solar on the roof than rely on volatile natural gas prices. This is a no brainer. Energy independence starts in the home.
I recently drove my model 3 from Salt Lake City to LA and back. It's about 10 hours. Charging was not a problem. I'm always ready to stretch my legs and use a restroom and perhaps grab a snack about every 3 hours.
I have an M3 and live in Vegas. How much did the drive from St. George up the plateau to Cedar City affect your charge?
This! Everyone who complains about range and charging times while roadtripping forgets that even if your car has a 1000 mile range you are still going to have to stop at some point to just to rest, stretch your legs, go to the bathroom or get a bit to eat.
@@Greatpics222 No idea. I just know I charged in Las Vegas and then again in Beaver UT. That’s about a 3 hour drive.
Charging is already fast enough for me. I love my 2025 model 3. Best way is to pay cash. I keep my cars for 10 years and save enough to pay cash. Payments suck. The Teslas are so well built now.
You are speculating for new model y charging please stop….give us facts 🤦♂️
Agree. Most of these TH-camrs are pulling facts from their asses. I’m waiting for the “Free Energy” battery claim
You guys are way behind. I power my personal vehicle by farting into it.
Paying for fsd should come with premium connectivity free.
why would you pay anything for it? or let alone any subscription for a car.. its just silly
@@abbcc555 How is it silly? I'm a daily commuter. I drive 90 miles each day. FSD is pretty much flawless for me. I pull into the carpool lane and the car drives me to my parking stall at work while I relax and listen to a book or podcast. It lowers the stress of driving. I love it.
@@TrendyStone it's a california-only gimmick. how does it handle aquaplaning, snow etc. if you want to relax take a bus
@@abbcc555that’s the dumbest comment I’ve ever read
@@abbcc555 What is wrong with you? This is an absolute no-brainer for anyone who drives a lot, and especially for daily high-stress commuters. Why are you arguing about this? Further, cars can sense weather situations and can adjust to them extremely well. Finally, even if they couldn't, so what? Worst case one doesn't have to use FSD in those situations. Even in the worst places in America, 95% of the time weather is not an issue
Allow Chinese EV/PHEVs in the U.S. without tariffs. The public wants them.
I think Tesla no longer needs subsidies due to its manufacturing optimizations, which allow them to produce vehicles at lower costs and sell them without losing market share. They need to achieve more than just profitability to sustain long-term growth.
Subsides vs vc. Choose please
Hyundai EVs charge rate top out at 240 kW, not 350 kW 4:35
China has shown time and again that providing subsidies for companies to transition and adapt to a new industry creates a powerful incentive for many companies to come on board. The BEV industry is still in its infancy in the US. In my view getting rid of purchase subsidies now will hurt those who are struggling the most, Ford, GM, Rivian and Lucid. It’s the one thing that Biden really did well, was his widespread and comprehensive industrial policy for the US. It had set up the US for the next 20 years to challenge China, now we are going to have 4 years of incredulous stupidity coming down the pike!
If the product cant exist without subsidy at the point of sale, then it must not be a good enough product
Exactly, it was a great way to counter other markets. However, we just can’t fix stupid people. Currently, a lot of folks who love Tesla or planning to buy another EV will not be able to afford it. Furthermore, oil subsidies should be canceled as well.
Moved on from Tesla, always wanted one but not really now. The new Renault 5 Retro absolutely hits the right spot for me. Too late for the small hatch Tesla trying to be everything and anything.
We need Tesla's to be able to provide V2H,V2G,V2L (V2X) but that would impact on their battery sales Unfortunately my next EV will have V2X so probably not a Tesla Such a shame Cheers
Tesla stock dipped severally , resulting to about 23% drop in the shares value this month. I seriously need suggestions on how to diversify my $400k portfolio made up of volatile TSLA.
Investing without proper guidance can lead to mistakes and losses. I've learned this from my own experience.If you're new to investing or don't have much time, it's best to get advice from an expert.
A lot of folks downplay the role of advlsor until being burnt by their own emotions. I remember couple summers back, after my lengthy divorce, I needed a good boost to help my business stay afloat, hence I researched for licensed advisors and came across someone of utmost qualifications. She's helped grow my reserve notwithstanding inflation, from $275k to $850k.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further... She has many years of experience and is a valuable resource for anyone looking to navigate the financial market..
Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.
I hope Rivian can get it together
I think rivian is supposed to be net positive in 2025 where they will start profiting from each vehicle sold
@daveyshmavey will they make it??
@ if they can hold on. If the EV incentives go away it will hurt everyone except Tesla. We will see!
Rivian has no chance against Tesla.
@ the question isn’t against Tesla, it’s a question on if rivian will continue and survive until they become profitable.
It doesn’t matter companies would buy the cyber cab at 60k because of the income generated
People need to look and demand companies that can make a profit on their own, not just those needing the Government to keep bailing them out using tax dollars. Consumers should also get used to not just expecting Government handouts too.
These faster charging rates don't make much difference when they are at peak for only a few seconds.
I'd much more prefer a flatter charging curve
that's... not how that works. it's much more quick to charge at high speeds when low and slower speeds at high. Also, there's always a charging curve, that's how charging batteries work
Yeah, that *is* how it works. If the charging curve allows high speed only up to 30%, it isn’t that useful. If the charging curve is flatter so high charging speeds last longer, the overall charging speed would improve a lot. I wonder if and how much Juniper batteries will be better than current MY batteries.
@@NicolasdeJongshould be double the speed, since Voltage will double and amperage be the same as old models
Doesn't matter how fast they claim their cars can charge when there are so few chargers that can do it and that's if they are actually working.
The Fast Charging car will probably need lower resistance bus bars, charge current cabling and contactor, as well as higher capacity, heat dumping radiator and electric fan to control the temperature of the battery. The Air Conditioning may play a part in removing heat from the coolant loop. Some of that heat would be used in the Passenger Compartment in the winter while charging.
I believe that if the Model Y had the capability of charging at 500kw speeds with a good curve it would shut up the EV haters who say that the charging time is the problem and increase the sales dramatically, not that sales are bad now.
You have always made great quality content and I’m sorry it took me so long to simply hit that subscribe button!
Seldom use superchargers, only about 3 times in 3 years. Once noticed when car pulled in next to me and started charging, my car's charge rate took a big hit. And they should protect the freakin cables from vandals.
I think Tesla should flatten their charging curve. Based on degradation studies of Teslas that Supercharger over 90% of the time, or more, there's very little difference in degradation in a Tesla that's been mostly AC charged. That would help charging speed of current Teslas a lot and probably impact battery degradation very little.
My 2004 Chevy Silverado is actually a truck, can have a utility bed put on it, or a camper.... I've put a few batteries in it, round about $100 each. Now you.
I have 4 pairs of roof rack mounting points on my dual motor non foundation cybertruck. So four bars can be fitted.
Do we know if the next model Y is going to have 48 V architecture? Like the CT?
I was planning on picking up a model 3 next year once I graduated, but depending on what happens to the price I may not be able to
Now maybe the time they have alot of incentives going on and still the 7500 going with it.
@ I’d love to, but won’t be able to until I graduate
I think that the fact that Tesla aka Musk supports ending the tax credit offers an insight into his true aspirations, and a bit of a mask-off moment. I cannot deny the benefit Tesla has brought to changing the world's perception of EVs and the important role they play in sustainability, but I cannot believe that sustainability is so much the goal, as it is a positive byproduct. If sustainability were the goal, Tesla would want to get as many EVs in as many hands as possible, _however_ possible. That would suggest not only lobbying for the tax credit to stay, but also that it be expanded, among other things such as making the sub-$25k model an absolute *focus,* rather than an _if convenient, maybe we will see_ sidenote. Additionally, I think his support of ending the tax credits come at an interesting time. He probably knows that whatever market share he can gain from the credits, he's already gained, so ending them will only shoulder out any potential competitors he may have faced should the credits remain. Once again, suggesting sustainability isn't the focus. Don't get me wrong, I think that companies should make things, make money, grow, make more and better things, make more money, grow more, etc. But let's not let them whitewash what it is they are doing, call a spade a spade. Elon isn't some do-gooder Iron Man IRL character, he's all about making himself very powerful and influential and making himself and his shareholders very wealthy at the same time. We need to be able to accurately identify the players in a game before we can effectively maneuver the board. By buying into very carefully and meticulously crafted corporate slogans and allowing ourselves to be fleeced by PR firms that make millions by crafting such slogans, we allow ourselves to be blinded about whom the other players are and what moves we should be making. Not saying Tesla is the enemy or even Elon Musk is the enemy, sometimes he may indeed be an ally, but others, yes he is the enemy. It again goes back to proper ability to identify the other players, and in turn, their real goals.
A whole paragraph for stating the obvious, ,in short, all human beings seek authority and power and so does Elon he aint a saint, doing good for the world helping patients with his companies eg Neuralink , making transportation more affordable/efficient, spaceX etc AND he expects sth back like we all do. Everything we do in our short lives we expect to get sth back from it...cest la vie
Do we know if the new model Y will have 48 V architecture like the CT?
So much speculation and just flat out misinformation. Do better.
Said it before but chargetime is almost useless, charging in supercharges is not using EV in the way it's "supposed" to be charged and is bad for the battery lifespan making the cars expensive as you both pay for "gas" closer to gas price and need to replace the already expensive battery earlier.
Faster charging makes EVs competitive with plug-in hybrids. A car you can drive all week back and forth to work and charge at home overnight, but with the capability to make long trips on the weekends or holidays.
Once fast charging can add 500 miles range in the same time you can add 14 gallons of gasoline to a hybrid, there is no reason to carry an ICE engine around everywhere as deadweight 5 days per week.
Tesla has learned how to use the thermal management system to counterintuitively reduce battery degradation during fast charging. We all know high temps over time cause degradation, but less known is that forcing a battery to charge when cold, a time when internal resistance is high, does MORE damage to the cells than if you just heat it to 60c for 30 minutes and then rapidly cool it back down to 25c.
Obviously if you abuse supercharging it will eventually degrade the battery noticeably faster than slow charging, but if its only used when you need to drive 500 miles after work to get to your weekend destination, and then once again on the trip back, nobody will notice the degradation.
Ford and GM will be happier to concentrate on expensive EVs for those with the money who want to look 'good', Loss of incentives mean the cheaper EVs are no longer close to gas car prices and even Tesla will lose out if someone buys a gas Ford instead of a standard M3 or MY
I don't see a future for EVs in the US if the subsidy goes away. Including Tesla. You also have to consider that the components that go into the infotainment/FSD systems are going to become more expensive due to tariffs. So it's a double-edged sword. The cars will become more expensive, and there will be no subsidy to help encourage more buyers. Not enough people in the US can afford a $800-1000 monthly car payment. Here in the US, we'll get to watch as the rest of the world moves forward, which we've been doing for quite some time now.
@@bc4323 ICE vehicles will also be more expensive with tariffs because many parts on them are made in China. Pretty much any item you currently have today has some part made in China so everything will be more costly!
@@bc4323Tesla sold almost 1 million EVs at a profit and WITHOUT a $7,500 tax credit to buyers in 2021.
Tesla sold 1.3 million EVs at a profit, again without the tax credit to buyers in 2022.
Tesla sold 1.8 million EVs at a profit, WITH a tax credit, to those who qualified in 2023.
That's far more than twice as many EVs as Ford sold in gas F-150s.
People who want to keep driving their Blackberry gas vehicles for commuting can keep paying for gas and weekly gas station visits, oil changes, catalytic converters, mufflers/exhaust, brake pads/rotors and hundreds of parts and maintenance, or they can get into the 21st century.
EVs aren't going away any more than the billions of smartphones, tablet, portable and desktop computers are going away.
I could see them updating the Model Y to have a normally 400V battery, but when supercharging it combines to be 800V... kind of the opposite of the cybertruck... which would make it where they only change the battery and not the rest of the underlying electrical that would be required to make the entire care 800V and/or 48V
Ending the tax credit will hurt tesla sales.
FSD 12.5.6 is soooo much better than the last 4 versions!!!
The few Model Ys with 4680 cells are going to get faster charging speeds, the rest of us might see a slight increase in speed but nothing huge. Main benefit is for the Cybertruck.
Tesla executives saying they want to kill tax credits speaks volumes to why Tesla does not understand business. They must get executives that come from a sales background those people will get it and know any savings especially when the cost goes to someone else in this case the federal government is a huge money making positive. Trying to edge out the competition by making prices higher is ridiculously stupid. You make your company and cars more desirable by making them better. When you have the best product out there then the competition will have a much harder time chipping away at your market share. Fix the customer service, increase the quality of the materials and reliability of the materials. I would also copy whats working with other companies and learn to be humble when you find out people dont like your take or leave it approach. I would look at why Sexy buttons and knob have a strong following what does this mean when people want to stop using their tablet and want quick buttons to do the same tasks. I would also look at why the minimalistic approach is not for everyone. I would also learn from BMW in which they tried to upcharge for heated seats. People dont like being nickle and dimed for things they feel they should already have. So I would get rid of charging for performance and FSD and for internet connectivity. Having the only FSD in this price range is a huge incentive until you find out you have to pay for it then its not so cheap anymore. Tesla could be a huge company completely removing all the other legacy companies if they just made a few changes at the top.
Who to trust, the executives of a $1T company making the only net profit EVs on the market... or some random guy in the TH-cam comment section 🤔🤔🤔
Gotta admit, without the EV tax credit, I would NOT have bought my Tesla. Colorado will still have a $5000 credit plus $2500 if under $35k, which it sounds like Tesla will miss the boat on the latter one.
The market is competitive and after the tax credits goes away it will become even more competitive. If Tesla wants to sell Model Y in the future they should be at least on par with Hyundai/Kia.
An 8-minute charge is as quick as a stop inside to pay at the gas station.
Once the tax credit goes away would u see used prices go up a bit? Ur opinion
Interesting. That definitely makes sense... Unless, Tesla drops their new prices by > $4k+
@ yeah def can see that being the case to stay competitive and not slow sales. Rates low w slight oroce drop to counter the 7500 being eliminated
Lots of Teslas coming off leases next few years hitting the market, many people are done with Elon.
I have mixed feelings on the EV tax credit. On the one hand, they do allow for more affordability for many folks, but on the other hand, it does make it seem like legacy automakers are purposely taking their time on getting production costs down, making their EVs cost a lot more.
I remember some people saying once legacy automakers got the ball rolling on EVs, they were going to steamroll Tesla by building more EVs and having them available for lower prices as well due to their massive supply chains and more factories.
The reality is significantly different, with them struggling to catch up to Tesla, as evidenced by Tesla still selling a huge amount of EVs and having them available for fairly low prices before tax credits.
Regardless of what happens, I believe EVs are here to stay, no matter what Trump tries to do to it. EVs are sold globally, and if they don't give US automakers much incentives to keep making them, China will gladly eat their lunch even with tariffs in place once they get their $5-10k EVS (or maybe $20k with tariffs) into the US.
I love how you can make 4 interest free payments...for YOUR WIPER BLADE!
Love Tesla vehicles, but Musk is an ass. His companies have been the biggest recipient of government largesse. Both Tesla and SpaceX have gotten billions in subsidies over the last decade and a half and now of course he wants to eliminate his competition by getting rid of tax incentives that help make EV's more affordable for taxpayers like us. Those incentives are actually geared toward America First too because it makes it more difficult to qualify depending on how much of the battery and materials is US sourced vs foreign over time and we won't ever get to 2029 when all of it has to be domestic.
They should just bring 500kw to S and X to bring better value to them first. Then to 3 and y down the line.
Most likely due to more sales on 3 and Y
🤔
@@AnthonyPerezR I’m assuming here 🤷🏽♂️
They should redefine the X while they’re at it to actually be a proper sized 3 row and look halfway decent
@@benprovan agreed. It needs to compete with larger vehicles like the ev9. Offer cloth seats and bring down the price for the base model. Offer the ability to install massaging seats after the fact too since China has so many vehicles with those. I'm thinking cloth seats will be the new base model and 3-5k cheaper next year across the board.
NOBODY IS TAKING ABOUT THIS. 5 years from now I want to replace my Model Y battery with a new one that gets 400 miles per charge. Between New battery tech and the current 5 billion shiitt range Model Y's on the loose, there has to be a huge replacement battery industry on the horizon.
If the Cyber truck can charge a 500 kilowatts to why does it charge so slow right now it doesn't even top out the the current V4 superchargers
I do feel that FSD still has to many quirks to many lane changes waiting to long to get in the right lane to turn ext
Use the turn signal stalk to make it get into the lane that's desired.
Also keep in mind that safety is FIRST. Unfortunately FSD is not going to please everyone and it doesn't have to. It just has to be safe and it will surely compromise speed, etc.
8:35 And that's why I'll only ever subscribe to FSD, until the package is associated with my account. A deer jumps out in front, someone rear-ends the car, and now the $8k license I bought for some software gets totaled along with the car. Yeah, sorry, no thank you.
Doesn't matter how fast other car companies claim their car can be charge when they don't have the chargers to do it with.
So now the subsidy is bad. Whatever. No $7500 I’ll drive my model y till it falls apart or hope juniper comes before Jan 20th.
Help me understand how the executive branch can reverse an act of Congress that has been signed into law?
Easiest path is to instruct Treasury to remove existing exemptions of non domestic minerals such as graphite for vehicles that currently enjoy tax credit.
Well, the Republicans won the House and Senate. They could just pass a bill to repeal or at least strip away some stuff in the Inflation Reduction Act. They probably won't just cart blanche remove everything since that'll screw a lot of automakers over with all the investments they've been putting into building EVs in the US, but the EV tax credit is likely an easy one to kill off.
While that will slow US EV adoption, I don't think it'll kill EVs off entirely. EVs are becoming more popular globally, and as China starts to corner that market, they're going to dominate car sales if they ever get a foothold into the US, which will hurt US automakers a lot if they don't have anything compelling to offer, tariffs or not.
Tesla needs to help customers at least $3750 when tax credit is gone ❤for the fans of Tesla
Honestly you can spend $70 for 2 wiper blades on anything with a larger windshield
2019 "cybertruck will be $39k"
2024 "its $120k"
2024 "cybercab will be $30k"
Yea, it will arrive in 5 years and the price tag...priceless. not for consumer sell...
Let me Klarna FSD over X payments and I'll do it!
They won't split model 3 and Y it would cost too much to develop 2 different architectures
Tesla's could maybe just charge at fast chargers from convenient offerings - like at Shell gas stations (Europe). Fastned has 300kW chargers all across the country (Netherlands) and in many European nations. Many fast chargers available ....
Ending tax credit will benefit Tesla.
What happens when you have 10 cybertrucks trying to charge at 500kwh?
Elon has said he supports eliminating subsides for oil in addition to EVs. Obviously if gas prices in the US go up more people will want to move to an EV for the cost savings.
Musk loves subsidies for rockets though.
New model Y will probably be ready for more than 250kW charging but also probably won't have that capability when it comes out. Tesla is penny pinching everywhere and won't add better charging, at least until they start actually rolling out V4 cabinets. My guess is it will probably have 800V battery and 250kW charging but will get capability for +300kW with a software update and +400kW with hardware on models being made a year or two later.
Super excited for what the future holds! I do think removing the tax credits will hurt sales. If anyone is looking to buy before then, I have a referral code in my TH-cam bio! TYIA!
If legacy automakers were just $7,500 short of making a profit it might hurt them but they are losing WAY more than that per car so they need to fix the cost issue anyway. Also many models of EVs didn't qualify for the credit anyway so no change in the market for them. Same for customers that didn't qualify based on income. And for customers buying models that did qualify because of the credit they can now shop for any EV and not worry about losing the credit. That could be good news for Rivian, Volvo, and Lucid and brings Tesla prices closer to the same as other brands.
Chinese EVs are also subsidized, just not on the consumer side in the US. Chinese companies (like BYD) and others have huge subsidies from the Chinese government that massively offset the huge cost of vertical supply build out. Non-Tesla EV makers can't compete until they figure out how to vertically integrate much more of the vehicle which is an entirely different way of thinking about manufacturing from how ICE cars work today. Tesla had to vertically integrate because much of the supply chain didn't exist when they were building out and scaling.
I agree with everything you've said, and wanted to add one thing US legacy automakers have to contend with, the dealership model. They have largely been a yoke on the automaker's figurative shoulder weighing them down by adding unnecessary markup and many not being very excited about selling EVs.
Look at Scout Motors, and their plans to sell direct to customers which dealer groups are getting very butthurt about. They have also fought Tesla tooth and nail in many state courtrooms to prevent direct sales from happening even though Tesla never had a dealership in their existence.
If Trump allows Chinese automakers to set foot in the US even with tariffs, he's going to screw over a lot of automakers when they start offering relatively low cost EVs to US consumers, especially if they killed off EV incentives for American EVs.
If you need making any payment plans especially on a Tesla, you need to check on your life hack.
I think we should take a holistic look at vehicle fuel. Disclosure: I did vote for Trump. What I would like to know is how does the $7500 credit compare to oil subsidies over the typical life of the vehicle. I'd favor getting rid of both OR making the total tax relief equal for both. I'd also like to see gasoline tax fixed rather than a percentage. Some years ago I read an SEC filing for a major oil company and was shocked that at that time total tax paid was higher than profit. This seems to always happen when oil spikes. Politicians scream and yell about gouging while not admitting the government is ALSO raking in record income from fuel.
A long term plan to reduce ENERGY prices in the US will most certainly benefit the consumer and the nation. But we shouldn't just dump sustainable subsidies based on politics. I do agree that credits going away is inevitable soorner or later and EVs should stand on their own. A big step here would be consumers rethinking car ownership. Keeping cars longer. An EV should last longer than an ICE vehicle just based on mechanical complexity. Our plan in my home is to pass my MYP to my fiancee in about two years and get me something a little larger. We bought her current car a few years ago and normally she likes smaller vehicles but she loves my Y. I'd like the all new Lightning when it comes out in a few years or a Rivian. So we'd skip the back and forth this one time. But then our plan is to keep our cars for 10 years or more.
FSD needs to be about half the cost. I'd buy it for $4k. It's just not worth $8k to me. I don't use it enough. If I could finance at a low rate it's even more attractive.
The $7,500 tax credit to buyers of EVs comes from the hard earned money and taxes paid by that worker.
The EV buyer worked for their money and they get some of their money back in the form of a credit.
Is it better that the Government gets to keep that $7,500 portion of your taxes?
Will the Government spend that money more wisely than the person who earned it?
Gas and oil subsidies are paid by all tax payers, regardless of how much fuel they purchased, or even whether or not they drive a gas or diesel vehicle. Maybe they ride a bike to work. Maybe they walk. Maybe they are elderly and no longer drive a vehicle. Maybe they're a working college student without a vehicle.
Tesla sold almost 1 million EVs at a profit, WITHOUT a $7,500 tax credit to buyers in 2021.
Tesla sold 1.3 million EVs at a profit, again without a tax credit to buyers in 2022.
In 2023, Tesla sold 1.8 million EVs at a profit, with a tax credit, to those who qualified.
Tesla will survive without a tax credit for their vehicles.
Let people keep driving Blackberry vehicles, if that's what they want. Let them keep paying for gas, oil changes, brake pads/rotors, catalytic converters, mufflers/exhaust and hundreds of parts and maintenance.
It won't make them richer.
They'll get into the 21st century, probably later rather than sooner.
No wonder so many Americans are poor or struggling. They can't do math and they have no critical thinking skills.
I think all subsidies should end, including oil subsidies.
800V design is okay, but not necessary for the vast majority of daily drivers...who use home charging. If the cost to install an 800 v 400 system will reduce the price of production, then yes...switching over makes sense. If, however, moving to 800v setup still costs more than 400...leave it alone until the price matches 400 or gets lower.
I'd venture a guess that Tesla will keep the 400v setup for all models except Cybertruck and Semi. As it stands now, if you want a true 800v home charger on a 200Amp service...you will need to do serious modifications.
....So...will Tesla put 800v in the 2025 Model Y? No, I'd be shocked if they did...as it does not reduce the COGS and increase profit margins. Once adding in 800v is equal to the cost of 400v... maybe then...but for a simple SUV like the Model Y...it really makes no sense.
Let's revisit this by 2030, when the possibility of SS batteries become more real and common place. Let us allow the supply chain to grow and develop..which will in turn reduce the cost of 800v to create.
What you might see... is the addition to allow wireless charging...like the Cybertruck. That simple update makes more sense. However, good alignment is necessary...that's where I question it...time will tell.
I don't think the wiper blade is that bad for the Cyber truck when you realize it's one wiper blade for the whole windshield! In reality you would still have to buy two wiper blades for any other vehicle, so dividing that $75 wiper blade in half is really only going to cost you $37.50/side LOL. I'd really like to see bicycles on those racks for the Cyber truck in pictures, for both types just to see how realistic they would work. Work. Also to see how that's going to affect those tailgates where it looks like the one higher would give you more accessibility to still use it with the bikes not being in the way, but also may look crazy ugly with the bikes being that far up. And lastly, the cover at $300 seems a little high, but not for something as unique and huge as the cyber truck. I'm getting a little excited for long-term cyber truck! At some point that this truck will be affordable for us and could have so many things available to it by the time it does become affordable.
Killing the subsidies would impact all of the jobs that were coming stateside because of the US manufacturing requirements AND allow EV makers to source batteries from China again with likely steeper tariffs. EV industry will be cooked.
Of course Elon wants to get rid of the tax credit that will help give him a big edge over his competition.
He never supported it from the beginning. Also, it limits what they can use. For example, critical minerals changed their product line-up.
It also lowers profit margin short term when it is removed.
@@12user-u5h Tesla has benefited immensely from the tax rebate. He protests too loudly.
Right, even if trump believes that evs dont help the environment he should still note that the tax credit will help the economy as it will promote manufactures to build their motors and batteries in the us
Musk has ALWAYS said the government should get out of the business of choosing winers and losers. Let the market decide.
So maybe the price of Teslas will go up, or, maybe the prices of Teslas will go down. Way to hedge your bet.
The troglodytes that complain about current Tesla charge rates are still going to complain if 10-80 is six minutes because they "can fill a tank of gas and go 300+ miles in under five minutes". I really don't think anyone is declining to buy a Tesla these days due to charge rates. Not at all saying this wouldn't be a welcomed addition, just that the people complaining now will still complain.
As far as the tax credit, Elon literally said they have no plans for a $25k Tesla because there is no point. So arguing that he wants more affordable vehicles to exist sure seems like a fool's errand to me.
it seems like this is "25 percent information, 75 percent speculation". This channel is making content for content and clicks.
Removing $7500 tax credit will crush Profit Margin as Tesla will need to lower prices. They might be the only EV company alive but they won’t be profitable. Stock will tank if profit margins dip.
Most EVs don’t even get the tax credit so there will be alternatives out there. Kia and Hyundai have great EV sales. Hyundai and Kia sold 91,348 EVs from January to September 2024, a 30.3% increase from the same period in 2023. In the United States, Hyundai's EV sales increased by 60.8% in the first half of 2024. They don’t get any tax credit.
Tesla has the highest profit margin in the industry - EV and conventional. Remember how many they sold Before the Tax Credit? A lot! Tesla could withstand a $7500 cut and Still make money.
What you aren’t factoring in, is with a lot of the competition crushed, Tesla will have economies of scale lowering the production and distribution costs of the vehicles. This means even though the price will drop to enable mass adoption, the margins can remain intact once the low consumer cost threshold is crossed, where low cost ICE vehicles are now the high cost vehicles. Once Tesla captures the ICE market and that industry dies off, Tesla can increase profits as their market share balloons way bigger than it is today, plus the Tesla post car sale ecosystem will blossom as Tesla’s customer base expands! Tesla is out to win the war. Your shortsighted thinking is only to win the immediate battle, which is not the Tesla game plan!
You're just shifting the problem of not having any coal fire power plant to support your chargers the whole thing ridiculous
If Tesla wants to sell more FSD they should develop a prorated schedule. My car will be three years old in Feb 24. Why would anyone in my situation consider paying the new vehicle price for a feature? Recently I have been renting FSD. I don't really need FSD but it is fun even though my car has HW3 and doesn't get the best versions. $8000, no way. At the current price of renting FSD, $8000 would pay for 80 months or 6.7 years. Adding the current age of my car, I seriously doubt that I will have it that long as it would be over 9 years old.
The other factor is that all it would take is one good collision to total the car and FSD. Murphy's law applies, if I bought FSD, the chance my car being totaled goes way up. If Tesla applied FSD to the driver rather than the car, things would be different. Today, buying FSD is just too risky. I have been an active market trader for years and I know a lot about recognizing risk.
8 minutes - can’t wait! Not sure we’ll see it for at least 5+ years.
Cant wait 8 minutes ?
😂 I can’t wait until it only takes 8 minutes to charge a Model Y.
In my road trips in my Model Y, 15-20 minutes is already fast. Often the car says it's ready to continue the trip before I even got my food at a sit down restaurant.
Under 10 minutes is comparable or faster than getting gas, if they can roll out enough V4's in a lot of places. Imagine if every mall and grocery store in your town had 12-40 V4 superchargers. You could get a meaningful charge in the time it takes you to do your weekly shopping, which should solve the charging issue for folks who can't charge at home.
And yes, I understand that's going to require a lot of energy. But it's not like the electric companies are going to sit idly by either if there's enough demand to justify increasing the supply, much like they did when people started getting central air installed in their houses, and more recently, server farms being put all over the place which also has huge power demands.
I'm out on Tesla, putting his grubby rich hand on the scale to hurt legacy American automakers is BS. Bye Elon.
Paying tax on software is the most american shit ever
I'm debating the new Model Y or the new Honda S2000. Don't give a shit about credits but I will buy what's best for me at the time.
I think the cyber cab at >$60k will be highly profitable. Think about airport shuttles that go between the hotel and airport. Defined fixed rout makes it easy to navigate since the car basically goes in a circle between the two locations all day and night and the hotel doesn't have to buy a van plus pay a driver.
I feel removing the EV credits is correct idea. With Tax write off of car Loan interest will be a better long term solution. Tesla is already the Peak of its builds and have created the machines to reduce costs. It will be something to see. I believe that people will see the uses have diversified Cars, I for one have old Hybrids, Old Gas, Old Diesel, and 2024 Model 3 LR. If anything I can drive local for less then .01 cent a mile and still get around if other fuels become cheaper.
I conserve my money into what the markets will and always preform for a unknown futrure. I don't think Climente change is Man made since record over the history of the planet show that the earth has been too cold or way warmer then the temps today, But being able capital on savings and reduce cost of money has always been a great idea.
Elon Knows the 1st rule of everything is Energy and the cost to move it is the Cube law it will alwasy take 3X the energy to move a mass.
Where is this tax write off on auto loan interest? We don't get that in the US? unless I'm oblivious.
Figures, that EV TAX will go away and Model Y price will be higher. I got my Model Y 2 weeks before Tax credit so no Tax credit and no discounts, and of course now that I am within 2-3 years to upgrade the price goes back up again and I miss out again. Rrrr.
Drive it for at least another 5 years, during which time the Juniper refresh will have been out for a few years by that point, and if there's new hardware for FSD, it should have that as well. That's what I plan on doing for my Model Y Performance that I bought back in June 2020. I already put 103k miles on it, so hope to get another 200-300k miles in before its time for a new one.
Worst case, there'll be more EVs on the market, and hopefully cheaper ones by that time will be out.
Good luck to Rivian and VW Rivian's CEO is not a big ass like tesla's.
What a great video
Stop baiting.
Top Video, thank you very much.
Some comments to Tesla: It will be difficult for Tesla in the future if they do not switch to modern batteries and, above all, to 800 volts in the near future. The competition, especially from China, but also from Germany, will put significant pressure on the market in 2025. There are already so many Model Y competitors ready and many more will follow in 2025, so Tesla really has to pick up the pace now. Unfortunately, the Model Y is no longer technically competitive. We are already driving the 2nd Model Y ourselves. The first was from 2021, the second from the end of 2022. Unfortunately, it feels outdated. Charging speed, material, seats, doors and, above all, Tesla's self-driving in Europe is a joke. Even Volkswagen is years ahead. Last week, I spent several days driving a Porsche Taycan, which you can get second-hand for as little as 60,000 euros. A world better car. I like our Model Y Performance, but the next one will probably not be a Tesla. We also have a Model S from the end of 2023, which is slightly better than the Model Y, but in comparison with a Porsche Taycan (same price), for example, it's no longer competitive at all. The only thing that's really better on, with everything I've driven so far, is the software in the Tesla. Except for all the self-driving services. Tesla simply can't do that. We had our first Tesla in 2020, the first Model 3 in Germany. From then until today, all of Tesla's driving assistance services haven't really gotten any better. 4 years until today. Totally disappointing.
I would agree if Tesla doesn't role out 800v Structural 4680 pack, it is a Huge miss. If they do (and we get the 8% silicon Anodes & maybe Asymmetric Lamination a year later) the Model Y will reclaim its seat as best for the money, and probably just overall. Hopefully Model 3 get migrated a year later to 800v. Model S and X I think will be forgotten. It just doesn't make a lot of sense to keep pushing those models forward
So what happened to the mindset of the supercharger network not being vital to Tesla and the entire division's personnel being laid off. Then he realized he made an error and hired some back. Now he's improving the network. Typical ego-maniac who knows everything mindset (until you don't know everything).
With those fast charging speeds and 500-600 miles of range, then Teslas will have gas cars beat in every way. With those specs, I’d feel so much better about doing long distance roadtrips, towing a trailer long distance and exploring more remote locations.
The charging is fast enough for me already but the faster the better.
⚡⚡⚡🧙♂
ICE cars only. EVs are a lost cause.
1:33 u repeat the same thing twice lol
I really like your reports. When discussing the pros and cons of elimination of government incentives, a key element was not mentioned. In my view the most significant benefit for Tesla is that the incentives for hybrids and PHEVs will also go away. This will reduce sales and definitely harm traditional gas car makers with zero effect on Tesla.
Why are we so concerned about us adoption at evs? Are we so sucked into the horribly wrong narratives of climate change that we think that buying all new cars is going to save the planet?
Isn’t that the reason for the tax credit?
I take it you're still using an analog phone? 🤔 It's call Evolution, then again you probably believe in the man in the sky. SMH 😕
I’ve heard recently that the cyber truck frame has been cracking or breaking in half. I believe this is off Roading only.
I believer that has been debunked.
Steel truck frame bent. Aluminum cracked. However, it is just a frame extension casting that broke. And it cracked because most of the weight of the CT was dropped onto the hitch which way exceeded the tongue weight. That casting unbolts and is replaced in that case. This was an extreme case. Go watch the whistling diesel video and decide for yourself.
How can you expand a video to 20 min. Lol I can’t make shit up to save my life. Lol
What a joke. Where do they think they will get the electricity for these megawatt chargers? The grid is stretched now and all the windmills and solar panels on earth won’t move the needle. The dream is actually a nightmare.
Duke Energy, which is huge, currently has 17% excess capacity. It is expanding to 22% excess capacity. They are staying far ahead of its needs. I’m a Duke customer, and I buy NO electricity from them annually, because of my solar panels. Slowly, my neighbors are doing the same thing.
@@Penncrest69 good for you , the rest of us are not so lucky.btw don’t keep your Ev inside.
@ Not lucky. I worked for it and paid for it. And I don’t have an EV, yet. I just have the panels on my roof. When I do get an EV it will be a Tesla. They have not been spontaneously igniting like the Chevys have. Even without solar, Duke Energy is making excess power. We don’t have the problems that California has. I’m in the free state of Florida. We don’t have excess regulation here.
fake news
Tesla as a company needs a new CEO
Tesla as a company IS Elon musk. A new ceo would kill the stock.
Video making tip: You NEED go watch your own videos at normal speed, paying attention before posting. 1:32 - 1:43 is amateur hour mistakes.