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Others have pointed out the strategy allows for picking the best year to pay taxes and therefore avoiding a lot of taxes. I'd add to that argument that the curr
by jmward01 2y ago
Others have pointed out the strategy allows for picking the best year to pay taxes and therefore avoiding a lot of taxes. I'd add to that argument that the current administration is likely to create exceptionally favorable policies for Tesla specifically so they really should burn every trick now since they are about to get a whole new bag of them. I can just see it now, legislation built for Tesla. Of course it will be named something like Save The Children Clean Air Tax Credit Act but it will apply to Tesla almost exclusively as a way to plow money towards loyalist.
- kjksf 2y agoThat only works if you have a time machine or a crystal ball. When those decisions were made, Tesla's CFO didn't know who'll win the election. Trump will likely cancel the $7.5k EV credit so I don't see the "policies favorable to Tesla". Trump was campaigning on renewing his previous corporate tax cuts and making more tax cuts. It's not a secret and not specific to Tesla.