Tacoma Vs. Rivian

He cleared the land, built most of it or traded. We lived in a trailer for a few years until it was done. Lotsa sacrifices, but it can be done. Even today…as they say, if there is a will there is a way.

 

I'm selling my Tacoma because it's just become impractical to commute in. The size, the 17 mpg, tire cost, etc., etc. Plus, I find myself increasingly needing a truck less and less for my day to day operations. So in another week or so she goes to dealer for an arranged trade in on a better commuter.

If I can stumble across an old truck to tinker with and still make the occasional Home Depot run....great. Otherwise, I may just wait out the next 2 to 5 years and see where EV trucks are at that point.

The power grid and general infrastructure have to mature considerably as well as the cost of the vehicles coming down before mainstream America will or can get on board. But the writing is on the wall. The future always starts small and with out much seriousness attached to it. EVs will be the future regardless of what the naysayers will promote. Whether I like it or not, I'm not going to get in the way of it.

 

They will come down in price. As the production numbers increase dramatically for all EVs the price will come down. Right now there is a novelty factor, small inefficient build numbers and lack of general competition. Time and the march forward will correct some of that.

 

i agree with that opinion

however... a big part must have been that it was cheaper to borrow money in this country at XX%
and put your liquidity in the markets, historically speaking

and obviously because many have no choice other than to borrow at whatever the institution wanted to offer you

dont do that...

we know... its a fact... 7500 bucks in your pocket...

thousands of thousands of american households will attest this this...


you could always buy a ford maverick

 

EVs are 100+ years old. Nuclear Power plants are still just giant steam engines.... True Solar Power plants are still steam engines...

EV's will find their place but not any time soon. Personally I think EV's should focus more on public transportation and autonomous vehicles like Ubers and stuff.

 

How about business loans, construction loans? Are they ok? Using other peoples money to make money is how things work.

 

anyone see the 3 mile island mini series on netflix

great stuff... i highly recommend

 

Hyundai/KIA shut down their ICE development center a year ago. Rumor has it that Toyota is tweaking a couple of their existing 4 cyl engines for turbo duty to replace all V6 engines except the new 3.4 TT in the Tundra. Nothing new in the pipeline after that.

 

Elon is.

 

speaking of hyundai

they teaming up with rolls royce for some really fascinating stuff


https://robbreport.com/motors/aviation/rolls-royce-hyundai-electric-engines-1234728525/


and those new EV kias and hyundais are honestly some of the best new cars to be rolled in in ages, i implore you go out and test drive them

 

I think they’ll come down in cost for sure….but they’ll only come down in price if people stop paying high prices, which is nowhere in sight

 

I don’t think that’s how the tax credit works. I think you can only use it to reduce the taxes that you may owe. You don’t get any cash back if you don’t owe $7500 in taxes. It just disappears.

 

The people paying the high prices are driving the industry forward.

 

Yeah not saying it’s a bad thing, just don’t see the manufacturers lowering prices out of the goodness of their hearts

 

It's not for everyone. But I sold an f150 and dodge for 50k. Then I took out a loan for 55k for a Tacoma and corolla. The interest I get from I bonds (10%) and investments (expect 20% conservative buying into a bear market) far outperform paying off loans.

 

ok sure, yes it is a non refundable credit as opposed to a refundable credit

but come on just think, who really is getting a loan or has the liquid cash for this price tag and somehow managed to not rack up 7500 in federal tax??




if that is the case it sounds like that person is winning at the game of life anyway, unless I am missing something, I am not a tax guru by any stretch

 

Every dollar you spend is someone else's income, the more you spend the more income they make and thus the more they spend. That's what helps the economy grow and thus why we often see inflation. We see recession when people stop spending money. All I am saying is that process can occur without credit.

Using other peoples money to make money isn't exactly how things work, its still transactions, and there is still risk but those are more investments with an expected ROI. Sometimes you are rewarded and sometimes you are not. I have seen entrepreneurs take money and fail several times before they get a hit, but they lost a lot of other peoples money along the way.

 

These companies are heavily invested in Diesel. Toyota primarily sells diesel engines internationally and Hyundai has a large construction division. ICE isnt going anywhere.

 

Yup, saw it in a meme.

 

hyundai is the largest ship builder in the world

obviously they are invested in diesel and gas




but i believe that has little to do with the passenger vehicle segment

two different industries, two different sets of goals