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I agree, using leverage is foolish. Only buy high conviction stocks, and only with long term cash. Keep consumer debt low, so you don't get desperate and make bad investment decisions. Ultimately if consumers want to make a purchase, they have to pay for it. Cash is king as Dave Ramsey says. But...

I agree with you, today. But keep in mind Tesla sold a version of Model Y for $64,000 at one point. 2 years later, the newest, fully loaded Tesla is $12k less. Tesla is great at lowers costs.

I think the original prices would have taken over the truck market. I also think Tesla can get in the ball park of those. Maybe $10K higher on each. I think a low $60's AWD with a 160 to 165 kWh pack will be the number 1 selling truck on the market. I don't think it will outsell the current...

Maybe its semantics, but I don't believe demand for Cybertruck has changed at all. I believe they have simply filled the addressable market of $80 to 120K trucks. They will continue to sell at that price point, but not in high volumes. That price range supports 8 to 10K units per quarter tops...

I don't know the OP, and I can see your rationalization, but some people do have a high investment conviction. In that case, we are right in the middle of a strong buying opportunity for most equities, because of a narrative of peak fear. The old adage of buy when everyone is selling, and sell...

Not everyone understands irony in the form of sarcasm. Really need a font for that!

Don’t rush! If they don’t give you the 1.99, ask them to put your reservation back on hold, and you’ll wait until you can get a good rate. If they say they can’t, then you cancel. You’re going to pay over $14k in interest at that rate. If you wait until they give you the good rate, you’ll save...

I think as they reach production efficiencies, they will add additional cells to the pack. When Model X first launched it had 60 and 75 kwh packs. It got upgraded to 90 kwh packs, and eventually the 100 kwh packs we have today. Tesla was still a baby company in 2015 when X came out, and I am...

I don't think so, it would be for a very limited run of left over 2024 inventory models. Once those are gone, they are gone. Tesla wedged themselves between a rock and a hard place by over producing 2024 models, while 2025 models are essentially $7500 cheaper. Many people cancelled their 2024...

This is great advice! If the 1.99% is that important, at that income, then this is about getting a great deal, not affordability. I think June poses a fantastic opportunity for better deals. I also think from now until June, the pressure to clear 2024 inventory is going to grow. But I think with...

The Cheapest Cybertruck on Carvana right now is $83,500

To that point, at least wait until after this summer, before you take a huge loss. If Elon is correct about Robotaxi network, the truck should be able to generate income for you as a ride/haul share. If that is the case, talk to your qualified tax attorney. Any ride share should be in an LLC. If...

That is very comforting to know. I've been talking to my tax preparer, to figure out if I might qualify for the commercial EV tax credit anyway. I do reviews on a website, and I usually have $15k or so in taxable income from that. I have the opportunity to do some reviews for Cybertruck stuff...

This part concerns me about the lease, then buy out. But if it worked for you, it must be ok, I guess? Q6. What factors are used to determine if a transaction is a “lease” for tax purposes? (updated February 3, 2023) A6. Based on longstanding tax principles, the determination whether a...

This is not entirely true. 2024 Trucks did qualify for the commercial EV tax credit. So its great for realtors, and business owners. Its a little trickier for everyone else. Big benefits to the commercial EV tax credit are that there is no upper income limit, and there is no price limit. In fact...

Plan to wait until the end of quarter, but track it closely. Also, shop inventory trucks in your region. CB beast should have around $5k off. If you lease, you automatically get the $7500 as the lease is a commercial EV purchase for the bank, so it’s not beholden to income limits or sale price...

This is what I am banking on!

If its totaled, and you have room at your place, that thing holds over 9 Tesla Powerwall's. If you can buy it back for $20K, use it as whole house backup!

If you're interested in a temp fix, take a small zip tie and poke it in the hole, and then screw in the temp tag. Electricians use this trick to fix stripped wall boxes. Its a great fix for stripped plastic.