Economy Newsom may exclude Tesla from tax credits

[avenue94]

That is a feee market for ya. That is not considered a monopoly because there are other companies and not just the one option. You can’t punish one company in a fair market because they have the most popular cars, especially since this is obviously personal in nature.

I didn't say monopoly. I'm pointing out that if you're goal is a competitive market helped by subsidies, it doesn't make sense to give subsidies to the market leader.

And yes you can punish companies based on success, that's how the tax code works. New businesses, smaller businesses, they are frequently tax advantaged over bigger businesses.

 

[nhbbear]

It could very well be a smokescreen. But proving that would be incredibly hard.

Like I said, if you believe subsidies can help a young market grow (I'm of mixed feelings here), then it makes sense to craft the subsidies to not help the market leader since multiple companies competing is what brings prices down for shoppers.

If the other companies want to compete, they will have to lower their prices and let Tesla price itself out of the market. Listen, I am not a business guy so I don’t want to get in over my head. Musk has the money to fight a lawsuit and even if he loses, so does newsome because of the way it looks and definitely is exactly what it looks like

 

[nhbbear]

I didn't say monopoly. I'm pointing out that if you're goal is a competitive market helped by subsidies, it doesn't make sense to give subsidies to the market leader.

And yes you can punish companies based on success, that's how the tax code works. New businesses, smaller businesses, they are frequently tax advantaged over bigger businesses.

I thought that is what you were getting at was monopoly. My bad. Again, I don’t pretend to understand business at all. I have an extremely limited understanding of the rules and regulations involved, so I have to bow out. However, you can’t tell me that this isn’t personal which is my whole point here

 

[avenue94]

If the other companies want to compete, they will have to lower their prices and let Tesla price itself out of the market. Listen, I am not a business guy so I don’t want to get in over my head. Musk has the money to fight a lawsuit and even if he loses, so does newsome because of the way it looks and definitely is exactly what it looks like

Like I said, let's focus on a simple hypothetical. Tesla in 2 years loses market share because Ford makes the greatest EV in the world or whatever. Now Tesla qualifies for the tax credit.

How would you feel then? Still opposed to structuring credits to only go to companies with less than 35% share?

 

[nhbbear]

Like I said, let's focus on a simple hypothetical. Tesla in 2 years loses market share because Ford makes the greatest EV in the world or whatever. Now Tesla qualifies for the tax credit.

How would you feel then? Still opposed to structuring credits to only go to companies with less than 35% share?

Then good for ford. Isn’t that how competition works-make the best vehicle available. With that said, this is cali and they want equal outcomes rather than let the best win

 

[avenue94]

Then good for ford. Isn’t that how competition works-make the best vehicle available. With that said, this is cali and they want equal outcomes rather than let the best win

Cali wants the maximize EV adoption. Longterm, best way that happens is if multiple companies are competing and neck and neck. They think subsidies can help their, which isn't the worst idea in the world.

Almost every market involves some subsidies and tax advantages. It's the way the game is played.

 

[Sinister]

Cali wants the maximize EV adoption. Longterm, best way that happens is if multiple companies are competing and neck and neck. They think subsidies can help their, which isn't the worst idea in the world.

Almost every market involves some subsidies and tax advantages. It's the way the game is played.

No no, no Sir. Because the market leader is denied subsidization, and it happens to be Tesla, this is all just TDS "politics." Also, give the guy who says the tax credits shouldn't exist more tax credits right now!

 

[Rob Battisti]

You've been given every reason why this approach makes sense, completely ignored them, and consistently say "the politics, the politics."

And like every right wing man-child you and Mr. Dumb@ss are now resorting to ad-hominem, because you just refuse to wrap your head around subsidy policies that are anti-monopoly in nature because it offends your billionaire of preference. That's the overall narrative you are operating on.

Personally I dont give a crapq what billionaire is offended. If subsidies are given to NON market leaders as a blanket policy, that's better. If ultra mega billionaires are socializing costs and privatizing profits, they can f*ck right off.

You said it’s capitalist to have the government intervene to have companies with a small market share catch up.

I’ve given no reasons. This is political retribution and you’re too vain to admit it.

Was DeSantis wrong?

 

[Rob Battisti]

Ever? Even 50 years now? Your fandom is insane and hardly rational.

You got me there talking in absolutes.

0% chance in 10 years. How about that?

 

[Rob Battisti]

No no, no Sir. Because the market leader is denied subsidization, and it happens to be Tesla, this is all just TDS "politics." Also, give the guy who says the tax credits shouldn't exist more tax credits right now!

Uh, yes? Considering if they want to maximize EVs you’re cutting out the one company that can sell them at scale.

 

[avenue94]

Uh, yes? Considering if they want to maximize EVs you’re cutting out the one company that can sell them at scale.

What maximizes downward price pressure in a market?

You got me there talking in absolutes.

0% chance in 10 years. How about that?

That's still a pretty confident bet. Lot can happen in 10 years.

And I didn't make you talk in absolutes, you did that on your own, Sith Lord. Nuance is important, you seem to avoid that like the plague.

But back on track what if the market cap was 50% for the state. Would you back that subsidy then since there's a good chance Tesla slips below that.

 

[Rob Battisti]

What maximizes downward price pressure in a market?

That's still a pretty confident bet. Lot can happen in 10 years.

And I didn't make you talk in absolutes, you did that on your own, Sith Lord. Nuance is important, you seem to avoid that like the plague.

But back on track what if the market cap was 50% for the state. Would you back that subsidy then since there's a good chance Tesla slips below that.

I wouldn’t back any tax credit based on market cap. This case is literally creating a reason to exclude Tesla due to Newsoms vendetta against Musk.

To suggest otherwise is silly.

If it was to get more EV adoption, clearly you don’t exclude the market leader who can actually sell EVs at scale.

 

[avenue94]

I wouldn’t back any tax credit based on market cap. This case is literally creating a reason to exclude Tesla due to Newsoms vendetta against Musk.

To suggest otherwise is silly.

If it was to get more EV adoption, clearly you don’t exclude the market leader who can actually sell EVs at scale.

That's not what determines pricing. Competition between sellers drives that down. So if you want lower prices long term, you want as competitive a market as possible.

And this credit isnt based on market cap, I don't know why you are bringing it up. I'm refering to market share, not market capitalization. Wanna try that question again?

 

[cincymma79]

You said it’s capitalist to have the government intervene to have companies with a small market share catch up.

I’ve given no reasons. This is political retribution and you’re too vain to admit it.

Was DeSantis wrong?

Does Tesla enjoy a special status within California?

 

[Dalarna3]

Yeah man, those founding fathers who all fought for subsidies, economic or otherwise. You ever hear of the 3/5th compromise?

1. no. 2. nice "but slavery!!!" you've thrown in there