Then there’s Volvo/Geely…
Can you pass interest on leases too?
Doubtful but let’s see what the final bill shows.
Maybe, since I pay full tax in VA as you do in TX?
I got my Penndot notice in the mail. I had renewed my EV registration on 4/15/2025, but I think it was technically due on 6/30/2025. The letter states i am subject to the RUC, but says “If you do not pay the RUC in full, you will not be able to renew your next registration for this vehicle.”
I guess it’s unclear if I owe this now (within 30 days) or sometime before my new expiration date of 6/30/2026?
You aren’t taking into account distribution and transmission costs, though. That is just supply. D&T are going to be 8-9cents per kWh on top of your 6 cents for supply.
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I paid $87.53 last month for 2454 kWh on top of my supply costs. Considering that’s the amount for my entire house and not just charging my car, I’d call that a rounding error.
Oil is trying to hold onto $60 for dear life. Putting those it would hurt with jobs aside, I hope oil finds its way back to dirt cheap.
This is how it works with all these “clean energy credits.” Try to get a heat pump installed in your house without the “trusted installer” (who gets you an extra warranty on the unit by the manufacturer) basically claiming the credit for themselves. It’s a huge racket. I’m all for incentivizing clean energy tech for the lower and middle classes, but I don’t know how it can be done effectively without dealers/manufacturers/installers basically wrangling the purchaser out of their credits.
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Think of all the things in your life that are expensive and then ask yourself what they all have in common. The government is involved in some way or another (housing, healthcare, education……)
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If the govt involves in healthcare or education as any other developed countries do, we won’t have the expensive education & healthcare + mediocre result we have right now.
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Rationing healthcare and education is not a great answer either.
And where the government isn’t involved, we have runaway greed like what happened in 2008 when mortgages were basically deregulated. The answer isn’t deregulation, the answer is seeing what works and what doesn’t and fine tune the regulation.
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All resources of value experience scarcity. I’m not sure why four health insurance companies doing the distribution is superior to the government doing it. Certainly they equally qualify as “rationing”.
(Most other reasonably developed countries spend less for better outcomes than the USA does. This isn’t just a “look at Finland!” thing, it includes places like Chile and Panama.)
But back to cars, the $7500 was an interesting attempt to create a market for cars which don’t harm air quality or cause CO2 emissions as much. Imperfect, especially since it didn’t validate that people plugged in PHEVs, but it did lead to a lot of EVs being available. I guess we’ll have to see where consumer demand takes us from here. I’d like to see a stick approach now taken to extra-polluting vehicles, like an increased gas tax, but instead EVs now pay more federal taxes than ICE.
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Just to be clear regulation is not the same thing as the government setting prices or distorting the market with subsidies (or guarantees). Current home prices and education costs are high because of the latter. MSRPs of EVs are 7500 higher than they would be without the subsidy. It’s just not an efficient use of taxpayer money not to mention it’s mainly subsidizing leases for high income individuals. Anyways back to my original point which is even if the 7500 goes away I don’t think the net price of EVs will change that much for consumers. Current demand/price folks are wiling to pay has not changed.
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It turns out when your publicly traded company is one of the biggest beneficiaries of government cheese it isn’t good to be vocal in support of cutting off the tap.
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Indeed. His board put him back in his place. Fiscal responsibility sounds great until you realize it’s near impossible without devastation.
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He got the taste of his own medicine: back to office for 40 hours/week lol
i.e. what have you done for the last 5 days
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It’s all very ironic. Then we have judges reversing tariffs (this will be fought, but still comical.) It’s why the dollar is getting its ass kicked today.
This isn’t about fiscal responsibility. It is his fiduciary duty to his share holders. This is like if the CEO of Altria was vocally, in his private capacity, skipping work and lobbying for raising the smoking age to 40. At that point you can’t be the CEO of Altria anymore and he would be immediately removed by the board. If Musk doesnt like government support for Tesla he shouldn’t be the CEO of Tesla.
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