Search found 1220 matches

by harikaried
Wed Aug 08, 2018 6:25 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

What is this fake news you keep mentioning about Tesla? Sure, there's a difference between negative articles and fake news, and there's all sorts of combinations and levels of deception. Hopefully you can agree that this is fake news: "Musk announces departure from Tesla" https://twitter.com/natash...
by harikaried
Wed Aug 08, 2018 6:05 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: TSLA privatization

If you one decides to stay on as a private investor, how are you able to buy or sell your stock OR how are you able to check the value of your stock? Here's an email that Elon sent to SpaceX employees about (not) going public: https://www.reddit.com/r/spacex/comments/3f4idq/elons_email_to_spacex_em...
by harikaried
Wed Aug 08, 2018 5:08 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

It's only distracting if the CEO spends their time talking about them and spending their energy dealing with them. All public companies have short sellers. I've worked for mostly public companies and don't remember any of the CEOs I've worked for grumbling about them. Could it be that the CEO is sp...
by harikaried
Wed Aug 08, 2018 3:17 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

Shouldn't a CEO be more focused on building a viable long-term business than going after short sellers? Short sellers distract the business from its long-term mission with attacks that try to push the stock price down. This could be misinformation or fake news to confuse potential buyers or sabotag...
by harikaried
Tue Aug 07, 2018 3:00 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

Here's the email Elon sent to Tesla employees:

https://www.tesla.com/blog/taking-tesla-private
by harikaried
Wed Aug 01, 2018 9:04 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

Tesla is insolvent. Tesla is nearly out of cash. Short the stock. Does the Q2 report match up with expectations? As the CNN headline says, "Tesla reports the biggest loss in its history," looks like Q2 had a $720 million loss and total $1.4 billion this year. So with $2.2 billion cash, Tesla will b...
by harikaried
Wed Aug 01, 2018 5:54 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

There was an interesting comment from the investor call that is expanded on their shareholder letter regarding the Model 3 competitors. Top 5 trade ins: Toyota Prius, BMW 3-series, Honda Accord, Honda Civic, Nissan Leaf July Model 3 sales were 52% of all US mid-sized premium sedan sales. I.e., Model...
by harikaried
Wed Jul 25, 2018 1:22 pm
Forum: Investing - Theory, News & General
Topic: Invest in Tesla?
Replies: 346
Views: 22499

Re: Invest in Tesla?

Not sure when I'll cover my short positions. Maybe I'll ride it all the way to $0; but will probably cover before that. Still decisions to be made. I guess you've done quite a bit of research to put several tens (hundreds?) of thousands of dollars on the line, so I'm wondering if I should get some ...
by harikaried
Sat Jul 14, 2018 5:31 pm
Forum: Personal Consumer Issues
Topic: Tesla Insurance Question and how to get out of the deposit
Replies: 14
Views: 1750

Re: Tesla Insurance Question and how to get out of the deposit

I just called AAA to get an estimate for replacing our ~25 year-old Camry with a Model 3 LR AWD, and overall it increases the yearly premium by $559 where most of that is an additional $448 is for adding comprehensive/collision with $1k deductible. Interestingly, breaking down the comprehensive and ...
by harikaried
Thu Jul 12, 2018 6:53 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

I am excited about Tesla, will buy one, just not sure whether to get the 3 or X or Y and in what order. Now with the federal tax credit for Teslas going away at the end of 2019, it seems likely there will be no federal incentives for the Model Y, which would start production at earliest 2020. Simil...
by harikaried
Tue Jul 10, 2018 10:18 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

I believe the 35k Model 3 will not appear for another year+ if ever. … Actually, possibly never true depending on how one views the "incentives" which of course Tesla refuses to clarify along with the amount of "reservations." What are you trying to say will never be true in regards to the incentiv...
by harikaried
Tue Jul 10, 2018 12:47 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

M3 reservation holders could probably sell them for a few $100... Just to follow up, ordering (in the US and Canada) is open to anybody without needing a reservation now: https://3.tesla.com/model3/design It sounds like the original reservation date will be a factor for whether one is earlier or la...
by harikaried
Thu Jul 05, 2018 12:21 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Filling a tank of gas is faster and more convenient than even the ideal supercharging scenarios. I agree that completely filling up a gas tank vs battery is much faster for gas. I was just pointing out for our 250 mile trip, it would be similar amount of time while being more convenient for our usa...
by harikaried
Wed Jul 04, 2018 11:05 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

M3 reservation holders could probably sell them for a few $100... Unclear how valuable they are at this point. For those looking to buy one of the in-production Model 3 configurations (and are in US or Canada), placing a reservation since last week has sometimes led to the ability to order within 2...
by harikaried
Wed Jul 04, 2018 9:49 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

But it makes little sense and the logic of stopping the test but keeping the track makes no sense. It doesn't save time to do those tests on a track. It takes longer. It makes total sense if a longer more comprehensive test that provides equivalent or better coverage than an individual test while a...
by harikaried
Wed Jul 04, 2018 7:39 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

What are people using as the key decision points for LR vs. SR? For us, it was pretty simple to go with LR as we regularly make 250 mile trips to see family. Similarly easy AWD decision for a living in a snowy area. On the other hand, with the constantly expanding Supercharger stations, there will ...
by harikaried
Wed Jul 04, 2018 7:18 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

I am glad we think this is topical to purchasing a Model 3! I suppose one could say it's topical, but is it useful? Probably not. I doubt people writing responses or articles know what's actually going on in the whole manufacturing process, so it's pure speculation if a change is safe or not. Tesla...
by harikaried
Tue Jul 03, 2018 6:25 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

The pilot manufacturing works out all the little details so that they can run a quality and efficient manufacturing process. This also traditionally means slow update cycle, which doesn't seem to interest Tesla right now (or ever?). Again with software development, there's "waterfall" approaches th...
by harikaried
Tue Jul 03, 2018 5:44 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Do you think bypassing a standard brake test is off topic for whether to buy a car? This seems similar to the pattern of reducing welds. Just because some tests or welds are removed doesn't mean there are no tests or welds for the vehicle. Redundancy to make sure things are working then evaluate wh...
by harikaried
Tue Jul 03, 2018 4:00 pm
Forum: Personal Finance (Not Investing)
Topic: Will I ever be able to itemize?
Replies: 64
Views: 4369

Re: Will I ever be able to itemize?

I believe one can always itemize even if the standard deduction is larger. There could be cases where one needs to use the same deduction for federal and state, so itemizing less than standard could have higher federal taxes and lower state taxes.
by harikaried
Tue Jul 03, 2018 2:49 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

So what is starting to happen now is that the bloom is off the rose. The press has turned on Musk/Tesla and the flowery coverage has turned. I'm not sure how long you've been following Tesla news, but there basically has always been negative or misleading reports about Tesla. A decade ago, Top Gear...
by harikaried
Mon Jul 02, 2018 11:37 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Tesla goes ALL OUT to produce 5k cars in one week. Dang, I'd hate to be the buyer of one of these cars. Where do you see any evidence of Tesla going ALL OUT with the implication of sacrificing quality or non-Model-3 capacity? If anything, Tesla making 7k cars in one week and not only 5k Model 3s se...
by harikaried
Wed Jun 27, 2018 7:29 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

People are reporting that Model 3 orders seem to be open to all reservations (or at least as recently as reservations made last month). Unclear if this is accidental or on purpose as those placing orders for AWD are seeing 3-5 month delivery estimates while the main Model 3 web page says "Reserve yo...
by harikaried
Wed Jun 27, 2018 1:24 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Looks like adding Full Self-Driving Capability after delivery for new vehicles will now be $5000 (but still $4000 for existing owners) compared to adding it for $3000 before delivery. So we went ahead and added that to our order. It sounds like there will be significant software updates this summer ...
by harikaried
Wed Jun 27, 2018 1:29 am
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

We just configured / ordered the AWD Model 3 (non-performance). The AWD option just became available to us earlier today, and it was reduced to $4000 instead of $5000. The delivery estimate as configured is September to November. It looks like the Performance option for AWD would have moved up the d...
by harikaried
Tue Jun 26, 2018 6:19 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Why would you even think they could? … it's been proven that Tesla is NOT currently good at ramping up production, and should be taking lessons from the "old guard automakers". Which automakers have the highest EV production right now? As you point out, ramping up can be difficult, and one of the r...
by harikaried
Tue Jun 26, 2018 12:37 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

I am impressed with their current scaling of production volume, and can't imagine how it could be any faster.... Not sure if you were referring to "how it could be any faster" given the current cash constraints or in general, but for the latter, the common behavior to increasing volume for manufact...
by harikaried
Wed Jun 06, 2018 5:49 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

TravelGeek wrote:
Wed Jun 06, 2018 5:31 pm
how do they "calculate" or look up the tax credit?
https://fueleconomy.gov/feg/taxevb.shtml
by harikaried
Tue May 22, 2018 3:58 pm
Forum: Personal Consumer Issues
Topic: To take or not to take delivery of Tesla 3
Replies: 1326
Views: 106510

Re: To take or not to take delivery of Tesla 3

Nissan Leaf and Chevy Volt both have sold about the same number of cars as the Tesla S over the past 5 years. Just to help provide some numbers for context: In January, Nissan announced that they reached 300,000 Leaf deliveries (introduced 2010): https://www.greencarreports.com/news/1114685_300000t...
by harikaried
Fri Dec 22, 2017 12:53 pm
Forum: Personal Finance (Not Investing)
Topic: [Pass-Thru Entities Questions Thread]
Replies: 141
Views: 11448

Re: Queston about pass through income in new tax law

If you want some more context of the previous law, House vs Senate versions, and Conference agreement: http://docs.house.gov/billsthisweek/20171218/Joint%20Explanatory%20Statement.pdf B. Treatment of Business Income of Individuals, Trusts, and Estates 1. Deduction for qualified business income (sec....
by harikaried
Fri Dec 22, 2017 12:28 pm
Forum: Personal Finance (Not Investing)
Topic: Do you see a meaningful change in your income with new Tax Bill?
Replies: 266
Views: 23971

Re: Do you see a meaningful change in your income with new Tax Bill?

At a glance, the income taxes we would pay goes down by about 20%. Half of that savings is from now being able to use the child tax credit.
by harikaried
Thu Dec 21, 2017 1:50 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

Does anyone know if the new law impacts flexible spending accounts in any way? My Google search just turned up a bunch of articles from November. Looks like HSA, Health FSA, Dependent Care FSAs are all unchanged. http://docs.house.gov/billsthisweek/20171218/Joint%20Explanatory%20Statement.pdf Page ...
by harikaried
Thu Dec 21, 2017 11:41 am
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

On average Schedule A is about $100k per year for me - includes $60k SALT and $16k property tax. I understand my top bracket is now 37% - I guess that more than offsets the loss of $50k SALT deduction? Is that $100k itemized pre-Pease? If your income is around $700k married, your old ~$85k post-Pea...
by harikaried
Wed Dec 20, 2017 4:26 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

Pardon my ignorance, my kids are in college. They are more than 17 years old and less than 24 years old. The WaPo had an article out this morning on your relative plight The example from WaPo's article with $100,000 married couple with 2 children "the parents lose out," but that's just looking at j...
by harikaried
Wed Dec 20, 2017 3:05 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

The current child tax credit is already $1,000. So instead of $1,000 + ($4,150 * 24% = $996) = $1,996 it will be $2,000, a $4 reduction for someone in the 24% tax bracket. A married couple in the new 24% tax bracket / old 28% tax bracket would have income over ~$160k, so the old child tax credit wo...
by harikaried
Wed Dec 20, 2017 2:38 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

KlangFool wrote:
Wed Dec 20, 2017 2:04 pm
If the personal exemption is suspended, what is the tax benefit of claiming my children as the dependent? Please enlightened me.
Instead of a ~$4000 exemption, which reduces taxes by $1000 at 25% marginal rate, you get $2000 child tax credit, so roughly $1000 less in income taxes per child.
by harikaried
Wed Dec 20, 2017 2:35 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Bill Omnibus Thread

I believe only paying home school expenses with 529 was eliminated. Paying private grade school expenses with 529 funds remained in the bill. That's how I understand it. Can someone confirm? I believe that's correct, but to make it a bit more complicated, some states (apparently currently not Texas...
by harikaried
Wed Dec 20, 2017 1:26 pm
Forum: Personal Finance (Not Investing)
Topic: Please Post Tax Bill Questions Here [was Tax Bill Omnibus Thread]
Replies: 886
Views: 60723

Re: Tax Act Omnibus Thread

This was shared in the previous thread for some basic playing around with AGI and how the deduction/exemption/credit/rate changes affect the total federal income tax: http://taxplancalculator.com/ In particular, for those who would have itemized, it might show that in 2018+, you will be taking the s...
by harikaried
Wed Dec 20, 2017 1:06 pm
Forum: Personal Finance (Not Investing)
Topic: Do We Have to Wait Until Trump Signs the Bill Before We Can Discuss It?
Replies: 44
Views: 3140

Re: Do We Have to Wait Until Trump Signs the Bill Before We Can Discuss It?

I found this calculator http://taxplancalculator.com/ Looks like a relatively basic tax calculator that helps give a sense of the changes. In particular "Income" is Adjusted Gross Income with no handling of capital gains, etc. For those who itemize, it will calculate the income tax based on your In...
by harikaried
Sun Oct 15, 2017 5:10 pm
Forum: Personal Finance (Not Investing)
Topic: Over $10k in taxes owed for using 529s
Replies: 10
Views: 1953

Re: Over $10k in taxes owed for using 529s

Not sure what type of advice you are looking for in that context. Invest in the 529s again, but don't take money out? Don't ever put money in 529s again because who knows when something more attractive will come along? Ah indeed. I was thinking that when making the original post. "Is it basically d...
by harikaried
Sun Oct 15, 2017 5:01 pm
Forum: Personal Finance (Not Investing)
Topic: Over $10k in taxes owed for using 529s
Replies: 10
Views: 1953

Re: Over $10k in taxes owed for using 529s

In my opinion planning, and better planning, is the key. … Having cash readily available provides additional comfort and peace of mind for emergencies and unforeseen events. Perhaps by definition unforeseen events are hard to predict, but does anyone have something more concrete to get to "better p...
by harikaried
Sun Oct 15, 2017 4:52 pm
Forum: Personal Finance (Not Investing)
Topic: Over $10k in taxes owed for using 529s
Replies: 10
Views: 1953

Re: Over $10k in taxes owed for using 529s

Have you considered how much the 529 would have appreciated had you left the money in it? Indeed. I've been tracking that to figure out how much money we should put back into the 529 accounts if we were to maintain the originally decided desired amount. And there's also all the details of expenses ...
by harikaried
Sun Oct 15, 2017 4:41 pm
Forum: Personal Finance (Not Investing)
Topic: Over $10k in taxes owed for using 529s
Replies: 10
Views: 1953

Re: Over $10k in taxes owed for using 529s

Consider having a good sized Emergency Fund in the future, in addition to various tax sheltered accounts... I suppose one could say that our Emergency Fund/sources were not enough for this size of "emergency" where we did liquidate our taxable brokerage account and drew $50k from each 401k and HELO...
by harikaried
Sun Oct 15, 2017 2:07 pm
Forum: Personal Finance (Not Investing)
Topic: Over $10k in taxes owed for using 529s
Replies: 10
Views: 1953

Over $10k in taxes owed for using 529s

Anything we should have done differently or should do going forwards? We had two 529 accounts that were fully funded to desired levels for two children (one still on the way) where we ended up withdrawing everything earlier this year for some investment. There was about $30k in gains, so we'll need ...
by harikaried
Tue Sep 26, 2017 7:04 pm
Forum: Personal Consumer Issues
Topic: Chrome vs Firefox
Replies: 34
Views: 5760

Re: Chrome vs Firefox

There's these articles from today: Mozilla’s Firefox Quantum browser is ridiculously fast - TNW Firefox Quantum challenges Chrome in browser speed - CNET 'Project Quantum' Doubles Firefox's Performance In Latest Beta - Tom's Hardware Perhaps if you've experienced slowness with Firefox, it might be i...
by harikaried
Sun Jul 30, 2017 12:08 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 41470

Re: Tesla Model 3 or Chevy Bolt?

I am curious to see what happens when the federal rebate ends for Tesla. Certainly it had a BIG impact on sales in Hong Kong. That will be interesting to see, but one thing to note is that Hong Kong's tax exemption for Teslas effectively avoided a Tesla from costing 50-80% more. Assuming one would ...
by harikaried
Sun Jul 30, 2017 12:02 pm
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 41470

Re: Tesla Model 3 or Chevy Bolt?

that's the optimistic view. on the other hand if they produce and sell more than expected and cross the threshold in December 2017 Which part of my calculations were optimistic? Assuming Model 3 production doesn't exceed what Tesla announced earlier this month? Assuming Model S/X deliveries don't i...
by harikaried
Sun Jul 30, 2017 2:51 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 41470

Re: Tesla Model 3 or Chevy Bolt?

See this website for how the federal tax credit works (scroll down to the section labeled "Phaseout" below the table): https://www.fueleconomy.gov/feg/taxevb.shtml In summary, once a manufacturer has sold 200,000 vehicles in the US, you have 6 months to obtain the full credit and then it drops to 5...
by harikaried
Tue Jul 11, 2017 12:17 pm
Forum: Personal Consumer Issues
Topic: [Sam's Club, Costco, BJ's, and other wholesaler clubs]
Replies: 274
Views: 20955

Re: Costco vs. other wholesale clubs

A couple downsides of Costco: - changing selection / inventory - long wait times We still shop at Costco pretty regularly, so clearly not that big of an issue. The changing selection is nice for fruits that are in season, but some items seem to be a short-time thing, so don't get too attached to a s...
by harikaried
Mon Jul 03, 2017 9:31 am
Forum: Personal Consumer Issues
Topic: Tesla Model 3 or Chevy Bolt?
Replies: 330
Views: 41470

Re: Tesla Model 3 or Chevy Bolt?

According to Elon Musk, the first production Model 3 will be completed this week building up to a 30-customer-handover party this month: https://twitter.com/elonmusk/status/881755501905588226 His projected rate is 30+ in July, 100 in August, 1500+ in September, and 20,000 in December. If you fit wit...