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Search results
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Elon Musk and taxes
'Fraid it is. "Bargain element" of an exercised warrant to purchase stock is a preference item. If you excercize a $10 warrant when the stock is trading at $110 the bargain element is $100 and you must pay AMT on that. The real tragedy associated with this is people (middle managers) who... -
Elon Musk and taxes
If there is anything the IRS does crack down on it is mixing business and personal expenses. There are still abuses though, of course. The one example I have had first hand experience with is a scuba diving cruise through the Sundas (Indonesian archipelago). The diving was great but one day they... -
Elon Musk and taxes
Maybe you don't tax people on unrealized gains but the IRS does. Ever hear of AMT? -
Elon Musk and taxes
Posts like this are intended to exacerbate class conflict and are successful because most readers won't make even the minimal effort to understand the nature of the attempted deceit. In a nutshell: if Musk's Tesla stock increase 1 Bn dollars in value in a year his net worth goes up by 1 Bn but... -
Elon’s Diner for Superchargers?
I am sure they do realize that and that's why I am sure they are going to do something to manage this potential problem if only during peak hours. I've suggested a couple of things but realize that Tesla's solution may be entirely different. That sort of situation is easily managed. Clearly if... -
Elon’s Diner for Superchargers?
There is a reason there are 62 stalls and that is because they are needed - at least some of the time. There is also a reason they impose the idle fees. There are horror stories about some of the stations in California and Tesla has even taken extreme measures like bringing in a flatbed with... -
Elon’s Diner for Superchargers?
Haven't seen anything like that. Can you point me? -
Elon’s Diner for Superchargers?
Well yes but those are in my opinion, er, rather obscene. Seriously though the problem with them is that they get their charge from on board batteries which means they have to spend more time in their charging dock than they can spend servicing (see what I mean) cars. This is because batteries... -
Tesla Restaurant - do they serve Quiche?
Ummm. Cheesesteaks! -
With Biden as an ally, United Auto Workers union prepares to fight for EV jobs
I don't think Musk, Scaringe, Rawlins,,, would have been able to do what they have done in a union shop environment. I have never had to work in a union shop, thank heavens, but the stories I have heard from colleagues are amazing. This is not the 19th century with 8 year olds loading spools of... -
Tesla Canceling Model S Plaid +
WRT the CT I think the biggest thing we have to fear is that they will pull a Rivian on us, that is, produce the lower range variants first because of limited battery supply. -
With Biden as an ally, United Auto Workers union prepares to fight for EV jobs
One of the reasons is that the union is allowed to propangandize but the company is not allowed to respond. Musk asked your question in an e-mail to the employees (in which he mentioned the oopportunity to acquire Tesla stock) and got in big trouble with NRLB. -
Elon’s Diner for Superchargers?
These things are very expensive and, as with everything else electric, the station has to be designed for peak demand - not average. That's one of the big challenges with the charging network. Most of the time most of the stalls sit idle but at time of peak demand you need to get a car that is... -
Elon’s Diner for Superchargers?
I suppose it's possible that summon might be working by then. -
Tesla Canceling Model S Plaid +
The CT has the bigger battery for towing, not for range. But if you put in a big battery you are going to get more range too. I think the man is right. Four hundred miles is enough but look at the big deal Lucid makes out of their 500 miles. I would have thought that Tesla would push the longer... -
Elon’s Diner for Superchargers?
Problem is that the average recharge takes 20 - 40 minutes. By the time you get organized and into the restaurant and ordered probably 15 minutes has gone by. The charge will end in the middle of your repast and you will have to get up and go move the car to avoid idle fees. The solution in this... -
New study expects at least 215,000 jobs to be wiped out in the German auto industry by 2030
Actually they have myriad more but most of them, like the transistors i mentioned, are installed by machines onto PC boards, The boards themselves or the higher level assemblies they are installed in are installed into the car by humans. But human labor is required to load the reels of... -
With Biden as an ally, United Auto Workers union prepares to fight for EV jobs
Rivian, Lucid and Tesla have enough problems as it is. The last thing they need is union problems. -
New study expects at least 215,000 jobs to be wiped out in the German auto industry by 2030
OK my attention span is too short for all that but while it is clear that fewer workers will be installing valve lifters in the future more will be installing transistors. Was this accounted for in these studies?