The Elephant in the Room [ADMIN WARNING: NO POLITICAL DISCUSSION]

[mrose]

I don't know... Add American jobs = good

Also, Trump did state he would remove the Tax Benefits (a.k.a. $7500 tax credit) for EVs. This would impact Rivian more than Tesla. I see it as one reason why the stocks are heading in the opposite direction.

Anyhow, a one-day turn on the stocks is normally over-reaction (again, on either direction), and I'm willing to see the long-term here

We don’t qualify for the current credit do we?

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[rraj2k81]

If the Model 2 actually comes in at an affordable price with good range, I am certain most consumers will push aside their hatred of Elon.

I can guarantee this will never happen. The Quarter Million Roadster will come before a 30K Model 2.

 

[emoore]

Then, you don't want to hear, that we might get our own version of Trump (Policies) next year

Don't worry we are still a beautiful country, so you are still more than welcome .

Well that's a bummer but I'm still planning on visiting. Always want to go to Banf.

 

[ukyank]

Lets do it.

Deal. Luckily for both of us this forum will need to exist which likely means Rivian will still exist so everybody technically wins ?

 

[Electric Rivilution]

If the Model 2 actually comes in at an affordable price with good range, I am certain most consumers will push aside their hatred of Elon.

I can guarantee this will never happen. The Quarter Million Roadster will come before a 30K Model 2.

Model 2 is dead for good. Musk said on the most recent Tesla earnings call that there will be no Model 2 coming because they are all in on an autonomous driving future (i.e. Cybercab and enabling all existing Teslas on the road to be turned into Robotaxis).

 

[Zoidz]

If the Model 2 actually comes in at an affordable price with good range, I am certain most consumers will push aside their hatred of Elon.

Model 2 seems to be dead....?

Reuters Nov 5
Musk now says it's 'pointless' to build a $25,000 Tesla for human drivers
...
His latest remarks came in response to an investor asking: “When can we expect Tesla to give us the $25,000 non-robotaxi regular car model?”
Musk responded: “We’re not making a non-robo…,” before he was interrupted by another Tesla executive. Musk later added: “Basically, I think having a regular $25K model is pointless. It would be silly.”
The April 5 Reuters article reported that Tesla had abandoned plans for an all-new, affordable mass-market EV but still planned a self-driving robotaxi. Since then, Musk has increasingly touted plans for robotaxis and autonomous vehicles.

 

[Grabs10]

Mexican imports cannot be tariffed without congressional action

Unlikely see tariffs on Mexico imo. It would torpedo the big 3 gas vehicle lineups. Ram for example every HD pick up they make is made in Mexico and have announced some 1/2 ton production moving there. GM has a large presence of Mexico made pickups that they sell in the US. Huge amounts of the “cheap” available auto’s are from our legacy domestic manufactures are made in Mexico.

if tariffs on Mexico imports happen I think the most benefit to that would go as a result is to Tesla as every single one of there auto products is in the top 10 American made index and all would be tariff free. Rivian would be tariff free as would many EV’s. Ford Mach E would be tariffed but so would many of ford gas powered portfolio givin an advantage to Tesla.

 

[Moodist]

The Detroit Free Press posted an article discussing how the EV industry could be affected. Being an American company producing vehicles in the US doesn't matter if you are aligned against the product being produced.

"It seems likely Trump will take aim at emissions standards, tax credits and other regulations that Republicans feel unfairly prioritized EV sales and production. Will federal and state subsidies for EVs continue under a Trump presidency? It's hard to say -- in Michigan, conservatives have both supported and opposed using tax dollars to create auto jobs.

A plant north of Big Rapids could be the face of any Trump administration changes on EVs. The Gotion, Inc. facility promises to create hundreds of jobs and invest billions in the community and economy. But it proved to be a lightning rod during the campaign, as conservatives both attacked incentives for the EV battery plant and the company's ties to China. There's a real chance a Trump administration tries to torpedo the project. But could voters see that as opposing creating new Michigan jobs? Time will tell."

It will be interesting to see it play out, I bet this company’s ties to China attracted negative attention and sentiment.

Chinese companies like BYD are producing cheap and good electric cars that it is exporting to the rest of the world. Additionally, China is investing in nuclear for AI - we have to continue to build and invest to keep up, the US EV manufacturers have to improve.

Telsa, Ford, and GM all benefit from the EV-friendly credits, Trump might change it to a 15% reduction in corporate taxes, but I don’t think the government will actively work to stifle that momentum for multiple US EV manufacturers.

 

[Moodist]

We don’t qualify for the current credit do we?

Manufacturers work around income and/or other limitations when you lease, they decide to pass the savings on to the consumer.

 

[Jonger1150]

We have the same problem here in Canada. Oil provinces (Esp. Alberta) want to protect the industry and keep drilling and exporting without realizing global demand is declining. They even recently took a Protect CO2 Emissions pledge (I swear it's real) as part of a Conservative Party leadership Review, to protect the industry.

It's not just that oil demand is waning in Europe, but they also have a hard deadline for auto makers to go for some form of Battery Electrification by 2030. So all brands that sell there, have to adhere to them. Which means all the European and American brands who sell there have meet these deadlines. And eventually should be aligning their global productions to meet those deadlines, regardless if our govt's fail to meet them or not.

The Canadian Govt recently introduced an emissions cap resolution, and the Oil & Gas industry is already running ads saying there will be food lines.

Alberta has the highest climate change deniers per capita on planet earth. I participate in quite a few forums and locations online that deal with this. It's stunning how invested that province is in oil.

 

[Dark-Fx]

if tariffs on Mexico imports happen I think the most benefit to that would go as a result is to Tesla

Musk has attached himself to Trump for many reasons, and I believe this is likely to turn out to be one of them. Musk won't follow through with the Mexico plant and other automakers who are currently producing in MX will have a huge import penalty.

https://www.foxbusiness.com/politics/musk-says-teslas-mexico-factory-pause-over-trumps-tariff-pledge

 

[moosetags]

Here’s an alternative view, Rivian is an American, electric car manufacturing company, developing and innovating in the United States. Rivian generates jobs for American people and showcases the possibilities of what America-first can do. Why would Trump or his policies not promote or espouse companies like Rivian?

I wholeheartedly agree. Rivian is the classic American start-up. It is exactly the kind of business that America needs. Rivian actually manufacturers a useful product that is made in the United States by well paid American workers. Any administration should be honored to support such an endeavor.

Brian

 

[Moodist]

I wholeheartedly agree. Rivian is the classic American start-up. It is exactly the kind of business that America needs. Rivian actually manufacturers a useful product that is made in the United States by well paid American workers. Any administration should be honored to support such an endeavor.

Brian

exactly, it’s not just a company that builds cars, it’s also a software company that is driving innovation in SDVs, that’s exactly what we need in the US.

 

[Grabs10]

Musk has attached himself to Trump for many reasons, and I believe this is likely to turn out to be one of them. Musk won't follow through with the Mexico plant and other automakers who are currently producing in MX will have a huge import penalty.

https://www.foxbusiness.com/politics/musk-says-teslas-mexico-factory-pause-over-trumps-tariff-pledge

And it would kill many of our legacy manufactures gas vehicle lineups. They couldn’t move production to US fast enough.

it the biggest reason I don’t feel tariffs on Mexico won’t happen. Would be detrimental to big oil to have tariffs on Mexico.

 

[MMC3]

Fun side note, but the USA doesn't really use the oil it pulls out of the ground...it exports most of it. Our refining / distribution capacity just isn't designed to handle what we produce.

https://www.nasdaq.com/articles/ame...l-to-meet-its-needs-so-why-do-we-import-crude

You should at least look at facts before you post such nonsense. It's true that not all of the US oil production is used or refined in the US. However, an overwhelming majority is; i.e. 85-90% of it is refined in the US.

It should also be noted that the largest source of the energy, for generating electricity, is coming from natural gas. For the most part, my 2 Rivians are both powered by natural gas.

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