👷‍♂️ Tesla plans for 375K Cybertruck annual production (at least) and have first release candidates by late August! [supplier news 6/8/23]

[TBONO]

No, you stated it shifted liability to the dealer.

The fact is, the IRS is tasked with developing rules to re-imburse the dealer so "cash on the hood" can be implemented in 2024. Because the dealer gets re-imbursed by the IRS, the obvious way this will be implemented is for the car buyer to fill out a form certifying they are eligible, the dealer gives them the discount knowing the IRS will re-imburse them, and the IRS will re-imburse them as long as the buyer has submitted the proper signed statement claiming eligibility. Then, if the tax-payer lied, or if they were wrong, they owe an obligation to the IRS, not the dealer.

The U.S. taxpayer is always responsible for filing a correct tax return, the IRS can audit them at any time. It's a system very much based on the honor system with periodic audits to keep most people honest. All the responsibility will fall upon the taxpayer/car buyer, not the dealership. The dealership will only be responsible for ensuring the buyer has a proper signed statement declaring eligibility under penalty of claw back by the IRS.

I hope this helps you understand enough that you will stop confusing the issue by claiming this must put the responsibility of verifying the buyers tax return on the dealership. That is ridiculous.

Dude. Chill out.
I was just asking and clear that I am not in the know of the regulations and how they’re going to be implemented. If you read my question as me making a statement of where liability liability lies, we’ll, that’s on you.

I do appreciate the effort you took, and your detailed response.

still seems there’s a lot of unanswered questions and complexity around this which I trust will get answered /addressed in due time

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[Crissa]

Hold up there for a cotton pickin’ minute there ma’am…

Are you saying, you expect the US Government, specifically the IR$, to implement a system that is NOT difficult AND complex? That you expect them to do something that is EASY and EFFICIENT??? Oh, that’s funny, wait, I’m dying here, oh my sides hurt, oh geez, oh this might kill me…

Nothing on you, I’m just looking at who is going to develop and implement the plan... Not necessarily known for simple and easy…

The IRS is specifically not responsible for the complexity of tax forms, as they were specified in law by tax accounting firm lobbyists.

https://www.propublica.org/article/...op-americans-from-filing-their-taxes-for-free

I know, politics, but also, interesting.

-Crissa

 

[anionic1]

The IRS is specifically not responsible for the complexity of tax forms, as they were specified in law by tax accounting firm lobbyists.

https://www.propublica.org/article/...op-americans-from-filing-their-taxes-for-free

I know, politics, but also, interesting.

-Crissa

Kind of like real estate. They keep stacking laws and paperwork so that it becomes so complicated that a homeowner feels like they need an agent to help them navigate it. When really it could be shaved back to a simple notarized signature on a title.

 

[Crissa]

Kind of like real estate. They keep stacking laws and paperwork so that it becomes so complicated that a homeowner feels like they need an agent to help them navigate it. When really it could be shaved back to a simple notarized signature on a title.

You definitely want a title search and an inspection, but yeah, exactly. When my mom was a Real Estate agent she was always decrying their 'association' which was always making things worse for agents and buyers in preference for mortgage companies and brokers,

-Crissa

 

[anionic1]

You definitely want a title search and an inspection, but yeah, exactly. When my mom was a Real Estate agent she was always decrying their 'association' which was always making things worse for agents and buyers in preference for mortgage companies and brokers,

-Crissa

I always wave the inspection. Around my area you basically need to remove all the contingencies to win the bid on the property

 

[anionic1]

No, Tesla told their vendors to plan for 375k.

 

[cvalue13]

No, Tesla told their vendors to plan for 375k.

to be exact, a media outlet said that someone told them that that's what Tesla said - and provided no information about source, nor the actual content or context of the 375K figure

elsewhere, others have pointed out that telling a vendor to plan for 375K units of good can mean any combination of:

• a standardly applied factor of 1.3X of intended vehicle volume (so as to have also have a stock of spare parts for repairs, etc.)
• such contracts can be drafted on a basis of long term expectations that are to be finalized incrementally in separate statements of work: e.g., "we are entering into this 4-year contract on the expectation that a maximum annual volume of parts may be 375K, with specific annual statements of work to be issued each [December] with the concrete number expected in the following year" - effectively, a non-committal statement of expectation of the max possible capacity a vendor must be capable of in order to comply with the contract

For these and several other reasons, anyone taking that story as reliable evidence that Tesla expects to produce 375K units in 2024, is out on several limbs

 

[anionic1]

to be exact, a media outlet said that someone told them that that's what Tesla said - and provided no information about source, nor the actual content or context of the 375K figure

elsewhere, others have pointed out that telling a vendor to plan for 375K units of good can mean any combination of:

• a standardly applied factor of 1.3X of intended vehicle volume (so as to have also have a stock of spare parts for repairs, etc.)
• such contracts can be drafted on a basis of long term expectations that are to be finalized incrementally in separate statements of work: e.g., "we are entering into this 4-year contract on the expectation that a maximum annual volume of parts may be 375K, with specific annual statements of work to be issued each [December] with the concrete number expected in the following year" - effectively, a non-committal statement of expectation of the max possible capacity a vendor must be capable of in order to comply with the contract

For these and several other reasons, anyone taking that story as reliable evidence that Tesla expects to produce 375K units in 2024, is out on several limbs

I agree.

 

[cvalue13]

I agree.

Also forgive me - I only now realized that you may be replying to a message that I cant see (from a certain someone who has me blocked on this forum ). Sometimes means I'm not following the thread (literally) of convo

 

[Crissa]

PS, I don't have cvalue blocked. I do have anionic1 blocked - I just don't get notification of their posts, but I can read them. I can't unblock or even read or see threads cvalue makes.

I think Administrator has cvalue and I on a special time-out system where we can't see each other.

-Crissa

PPS, I do mute liberally, because sometimes I just gotta stop replying. It's not always their fault.

 

[Greshnab]

I agree.

well my thoughts on it are... from my understanding each of the 9k gigapresses is expected to be able to produce 250k cars worth of castings per year... they have 2.. Elon said 250 -500k depending on demand <and when you ask him> .. so yeahh 357k seems like what they are expecting to me. If they didn't SEE the potential to break 250k they wouldn't have ordered a second 9k press.


but hey what do i know.

 

[cvalue13]

from my understanding each of the 9k gigapresses is expected to be able to produce 250k cars worth of castings per year... they have 2..

If you’re talking about the discussions on that in this thread, there’s a misunderstanding: 2 presses will do 250k/yr combined

in any event, whether Tesla could eventually do 375k/yr is probably best kept a separate convo from whether they could do 375K/yr anytime soon

And if Tesla has any caution about near term demand, and given the cost the Idra presses (and a second line?) it would seem odd for Tesla to go all government spending about it

 

[CyberGus]

PS, I don't have cvalue blocked. I do have anionic1 blocked - I just don't get notification of their posts, but I can read them. I can't unblock or even read or see threads cvalue makes.

I think Administrator has cvalue and I on a special time-out system where we can't see each other.

-Crissa

 

[cvalue13]

As time goes on and I see more of your posts, I narrow in on being able to guess the date year of your birth

 

[CyberGus]

As time goes on and I see more of your posts, I narrow in on being able to guess the date year of your birth

No one has ever called me on Old Fart quite so nicely

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