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Open Roads Forum  >  Tow Vehicles

 > Tesla pick up in 4th quarter 2019

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ShinerBock

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Posted: 06/18/19 12:37pm Link  |  Quote  |  Print  |  Notify Moderator

While Tesla's have been the benchmark in EV's motors and batteries, they are not even closes when it comes to vehicle quality. Many may argue that they are the worst in this department among all vehicles brands. In my view, Tesla should have been like Cummins. Producing powertrains for other vehicle manufacturers that have more experience and knowledge(and better quality) in these areas.

However, a lot of Tesla's income comes from selling carbon credits to other manufacturers which they lobby for according to an article I read. The government forces other manufacturers to buy hundreds of millions of dollars worth of these credits which causes the prices for their products to go up. So essentially Tesla makes a lot of its money on the backs ICE vehicle buyers and continues to lobby the government to increase these regulations so they can make more money. With this and all of the other tax breaks, I can see why people hate them so much.

In Q1 2019 alone, they made over $200 million from these credits. Pretty smart if you ask me. Get a couple congressman on your payroll to come up with a scheme to get your competitors to pay you. Sounds very much like the scheme the previous administration had with EPA lawsuits where the EPA would sue someone one taxpayer dime, and force them to pay the fine to a special interest group instead of back to the taxpayers or to the people who were actually effected by the lawsuit.

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Posted: 06/18/19 12:44pm Link  |  Quote  |  Print  |  Notify Moderator

ShinerBock wrote:

While Tesla's have been the benchmark in EV's motors and batteries, they are not even closes when it comes to vehicle quality. Many may argue that they are the worst in this department among all vehicles brands. In my view, Tesla should have been like Cummins. Producing powertrains for other vehicle manufacturers that have more experience and knowledge(and better quality) in these areas.

However, a lot of Tesla's income comes from selling carbon credits to other manufacturers which they lobby for according to an article I read. The government forces other manufacturers to buy hundreds of millions of dollars worth of these credits which causes the prices for their products to go up. So essentially Tesla makes a lot of its money on the backs ICE vehicle buyers and continues to lobby the government to increase these regulations so they can make more money. With this and all of the other tax breaks, I can see why people hate them so much.

In Q1 2019 alone, they made over $200 million from these credits. Pretty smart if you ask me. Get a couple congressman on your payroll to come up with a scheme to get your competitors to pay you. Sounds very much like the scheme the previous administration had with EPA lawsuits where the EPA would sue someone one taxpayer dime, and force them to pay the fine to a special interest group instead of back to the taxpayers.


200 million is cheap. Tax payers fork over billions to companies like GM just so they can get thru the latest recession.

As far as quality goes. I haven’t seen anything from any mainstream manufacturer that’s any better, certainly not GM. Complete junk.

Of course, JMHO.

ShinerBock

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Posted: 06/18/19 12:47pm Link  |  Quote  |  Print  |  Notify Moderator

Reisender wrote:



200 million is cheap. Tax payers fork over billions to companies like GM just so they can get thru the latest recession.

As far as quality goes. I haven’t seen anything from any mainstream manufacturer that’s any better, certainly not GM. Complete junk.

Of course, JMHO.


Both Chrysler and GM repaid those loans, but nice deflection.

And as far as quality goes, Tesla Model 3 is on par with a Yugo according the Consumer Reports and many others.

danrclem

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Posted: 06/18/19 12:51pm Link  |  Quote  |  Print  |  Notify Moderator

ShinerBock wrote:

While Tesla's have been the benchmark in EV's motors and batteries, they are not even closes when it comes to vehicle quality. Many may argue that they are the worst in this department among all vehicles brands. In my view, Tesla should have been like Cummins. Producing powertrains for other vehicle manufacturers that have more experience and knowledge(and better quality) in these areas.

However, a lot of Tesla's income comes from selling carbon credits to other manufacturers which they lobby for according to an article I read. The government forces other manufacturers to buy hundreds of millions of dollars worth of these credits which causes the prices for their products to go up. So essentially Tesla makes a lot of its money on the backs ICE vehicle buyers and continues to lobby the government to increase these regulations so they can make more money. With this and all of the other tax breaks, I can see why people hate them so much.

In Q1 2019 alone, they made over $200 million from these credits. Pretty smart if you ask me. Get a couple congressman on your payroll to come up with a scheme to get your competitors to pay you. Sounds very much like the scheme the previous administration had with EPA lawsuits where the EPA would sue someone one taxpayer dime, and force them to pay the fine to a special interest group instead of back to the taxpayers or to the people who were actually effected by the lawsuit.


I did not know this. That in itself is a reason to hate them. I have to wonder if Al Gore is involved in this. This country is going down into a deep spiral.

Reisender

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Posted: 06/18/19 01:05pm Link  |  Quote  |  Print  |  Notify Moderator

ShinerBock wrote:

Reisender wrote:



200 million is cheap. Tax payers fork over billions to companies like GM just so they can get thru the latest recession.

As far as quality goes. I haven’t seen anything from any mainstream manufacturer that’s any better, certainly not GM. Complete junk.

Of course, JMHO.


Both Chrysler and GM repaid those loans, but nice deflection.

And as far as quality goes, Tesla Model 3 is on par with a Yugo according the Consumer Reports and many others.


Nope, they didn’t. But nice deflection. Google Canada writes off GM and Chrysler loans.

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Posted: 06/18/19 01:08pm Link  |  Quote  |  Print  |  Notify Moderator

danrclem wrote:

ShinerBock wrote:

While Tesla's have been the benchmark in EV's motors and batteries, they are not even closes when it comes to vehicle quality. Many may argue that they are the worst in this department among all vehicles brands. In my view, Tesla should have been like Cummins. Producing powertrains for other vehicle manufacturers that have more experience and knowledge(and better quality) in these areas.

However, a lot of Tesla's income comes from selling carbon credits to other manufacturers which they lobby for according to an article I read. The government forces other manufacturers to buy hundreds of millions of dollars worth of these credits which causes the prices for their products to go up. So essentially Tesla makes a lot of its money on the backs ICE vehicle buyers and continues to lobby the government to increase these regulations so they can make more money. With this and all of the other tax breaks, I can see why people hate them so much.

In Q1 2019 alone, they made over $200 million from these credits. Pretty smart if you ask me. Get a couple congressman on your payroll to come up with a scheme to get your competitors to pay you. Sounds very much like the scheme the previous administration had with EPA lawsuits where the EPA would sue someone one taxpayer dime, and force them to pay the fine to a special interest group instead of back to the taxpayers or to the people who were actually effected by the lawsuit.


I did not know this. That in itself is a reason to hate them. I have to wonder if Al Gore is involved in this. This country is going down into a deep spiral.


So it’s just Tesla you have a problem with selling these credits. So if a company like GM or Ford sells one (they can) that’s alright?

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Posted: 06/18/19 01:08pm Link  |  Quote  |  Print  |  Notify Moderator

Yes that latest sale of credits was in the news recently.


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Posted: 06/18/19 01:23pm Link  |  Quote  |  Print  |  Notify Moderator

The only thing specific to Tesla was a loan early on that was repaid ahead of schedule.
The rest of the credits are industry wide with all companies having same eligibility.
Best to hate them all... or write to your Congress representative.


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ShinerBock

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Posted: 06/18/19 01:25pm Link  |  Quote  |  Print  |  Notify Moderator

Reisender wrote:



Nope, they didn’t. But nice deflection. Google Canada writes off GM and Chrysler loans.


I don't care what GM or Chrysler does in Canada since I don't live there and the the topic is not about them so bringing them up just because someone says something negative about Tesla in this thread is a deflection. I would be more than happy to discuss them in a thread about GM and Chrysler loans, but this thread is about Tesla.

Reisender

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Posted: 06/18/19 01:29pm Link  |  Quote  |  Print  |  Notify Moderator

ShinerBock wrote:

Reisender wrote:



Nope, they didn’t. But nice deflection. Google Canada writes off GM and Chrysler loans.


I don't care what GM or Chrysler does in Canada since I don't live there and the the topic is not about them so bringing them up just because someone says something negative about Tesla in this thread is a deflection. I would be more than happy to discuss them in a thread about GM and Chrysler loans, but this thread is about Tesla.


Ok. Here’s the American bill. Happy deflecting.

https://www.google.ca/amp/s/www.fool.com........3/09/15/why-gm-still-owes-taxpayers.aspx

And puleeze, don’t talk about GM and quality in the same sentence.

Again. JMHO.

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