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#43 | |
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corner barstool sitter
Drives: 08 Mustang GT, 19 WRX Join Date: Jul 2012
Location: Eastern Time Zone
Posts: 6,990
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Quote:
Norm
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'08 GT coupe 5M (the occasional track toy)
'19 WRX 6M (the family sedan . . . seriously) |
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#44 |
![]() Drives: 2023 SS Vert Join Date: Jan 2020
Location: Ontario
Posts: 241
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So as I mentioned Tesla makes money by sucking money out of the other car companies. They do this by virtue of ZEV credits which some states mandate, these are Zero Emission Vehicle credits. If GM wants to sell a IC car in California they must produce a ZEV or buy a certain amount of ZEV credits to offset each vehicle. All of the big 3 end up buying credits from Tesla. Tesla is the primary seller of ZEV credits in the U.S.. Essentially that lowers the price of the EV and increases the cost of an IC car ,it is a direct subsidy to Tesla vis-a-vis gov't regulations. In Tesla's financials these ZEV credits are called Regulatory Credits.
Today Tesla's earnings came out and guess where they made all their money. Yr over yr their automotive revenue actually declined but those subsidies ZEV tripled. Without that revenue Tesla wouldn't have a profit to show. "Automotive revenue declined by 4% year-over-year for Tesla from $5.38 billion to $5.18 billion, despite the company adding a new crossover SUV to its lineup, the Model Y, and opening a new plant in Shanghai in the past year. In the year-ago quarter, Tesla reported $111.2 million in revenue from regulatory credits. That number nearly tripled to $428 million in regulatory credits in the second quarter of 2020."
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1978 Z28 T-Roof
1984 Berlinetta 2007 Solstice Supercharged 2014 C7 Z51 2020 RS Convertible 2023 2SS Convertible |
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#45 |
![]() ![]() ![]() ![]() ![]() ![]() Drives: 19 Chevrolet Camaro 2SS 1LE Shock Join Date: Apr 2020
Location: BC, Canada
Posts: 1,947
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So here is an article I came across. Supposedly in a survey for current car buyers, 47% of them disapprove Ford using Mustang nameplate for the EV CUV, while only 19% of them explicitly agree.
https://www.thedrive.com/news/31154/...nt-name-survey Looks like there is still hope in humanity. Sent from toaster or something
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Current:
2019 Chevrolet Camaro 2SS 1LE M6 Shock GM Performance Intake and that's it, because driver mods before car mods Past: 2009 Mazda RX-8 GT M6 Velocity Red Mica (Sold) 2015 Chevrolet Corvette Z51 2LT M7 Velocity Yellow Tintcoat (Flood totaled) |
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#46 |
![]() Drives: 2019 2SS Convertible Camaro Join Date: Mar 2012
Location: Savannah, GA
Posts: 678
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You would think they would list the curb weight. Ford guys like to know how hard it will be to push.
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\(^^^)/ <--A Smile From He11
Escort 360 MAXX w/DIYGen5 hardwire Harness K&N AirCharger Cold Air Intake Sound Tube Delete |
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