6/15 Tesla US EV sales were 22 times greater than Volkswagen US EV sales in 2021 $TSLA
7/15 Is Volkswagen catching up like VW CEO Herbert Deiss claimed?
8/15 Volkswagen lost ground and now Tesla USA had 63 times as many EVs sold in the first half of 2022 versus VW USA. $TSLA $VW
9/15 VW also sold fewer EVs in the first half of 2022 versus their own US EV sales in 2021. 4,415 in 2022H1 versus 6,230 for VW in 2021H1. Tesla sold 282,071 EV in 2022H1 and 139,301 in 2021H1. $TSLA $VW
10/15 How About Ford? $F $TSLA
11/15 Tesla USA sold 11 times more EVs than Ford USA in 2021 $TSLA $F
12/15 Tesla USA sold 16 times more EVs than Ford USA in the first half of 2022 $TSLA $F
Tesla USA increased its lead over Ford in US EV sales from 11 times in 2021H1 to 16 times in 2022H1
13/15 Volkswagen is starting mass production of EVs in the US at a new Chattanooga factory. VW is targeting 10k per month production. This will take years to achieve that ramp-up. Tesla is selling over 4 times that VW USA monthly production target. Tesla Austin open.
14/15 Ford EV sales will be hampered with the imminent loss of its $7500 tax credit. $TSLA $F
15/15 Tesla will likely triple US sales when the Tesla Austin factory is ramped in 2024 or late 2023. $TSLA $F $VW #electricars
• • •
Missing some Tweet in this thread? You can try to
force a refresh
Cutting $2 trillion per year out of $6.8 trillion in spending via @DOGE would be nearly as large as $2.43 trillion/year in individual income tax. Tariffs were $80B/year last year. Increasing it to $500B would means cuts in waste, fraud and adding tariffs would offset income tax. Another $10B cut from IRS.
@elonmusk @RandyWKirk1 @NickParasiris @SawyerMerritt @TeslaBoomerMama @WR4NYGov @herbertong
Cutting the taxes would boost economic growth.
Taxfoundation (dot org) has growth and opportunity tax plans that are pro-growth. Hyper efficient, simple rules and reduced tax levels without deficits would boost growth and lower interest rates. MASSIVE ECONOMIC BOOM means more taxes from distributed profits.
Blockchaining government spending would make audits easy and spending transparent. This could be $30B/year in benefit on just accounting.
[2] Blockchain could eliminate "Ghost Beneficiaries." Blockchain can ensure that aid programs, pensions, and Social Security are received only by eligible individuals, reducing fraud. In 2022 alone, there were $13.6 BILLION of "improper" Social Security payments.
[3] Supply-Side Argument - Boom from no income tax
Supply-side economics contends that increasing the supply of goods and services leads to economic growth1. In this scenario, the supply-side argument would focus on two main aspects:
Reducing Government Spending: By eliminating $2.4 trillion in fraud, waste, and inefficiency, the government would be reducing its intervention in the economy. Supply-siders argue that this would:Decrease regulation, which could boost production and economic efficiency
Shift resources from lower-valued government activities to higher-valued private activities.
Eliminating Individual Income Tax: Supply-side theory posits that tax cuts, especially for high-income earners and businesses, can stimulate economic growth. The elimination of individual income tax could potentially:Increase incentives for work, savings, and investment
Boost productivity and shift the long-run aggregate supply curve to the right.
Lead to higher economic growth and potentially increased tax revenues through other means, as suggested by the Laffer Curve concept6.
Potential Economic Boom
According to supply-side theory, these changes could lead to a significant economic boom through the following mechanisms:
Increased Production: Lower taxes and reduced regulation would incentivize businesses to expand production and invest in capital assets.
Higher Employment: As companies produce more and expand, they would employ more workers and potentially increase wages.
Increased Savings and Investment: Lower taxes would leave individuals with more disposable income, some of which would be saved and invested, potentially leading to more business lending and investment projects.
Economic Efficiency: Reduced government intervention could lead to higher levels of specialization and economic efficiency2.
Potential Revenue Offset: Supply-siders argue that the economic growth resulting from these policies could potentially offset the loss in tax revenue, leading to lower budget deficits in the long run
[1/8] Tesla Semi is 30+% more efficient than competing electric Semi trucks, half the price of most and double the range. Dominating ten-year tech lead. @SawyerMerritt@EmmetPeppers
[2/8] There are massive state, federal subsidies and subsidies, grants in other countries as well for Electric Semi's. $40k US, $185k NY, $120k CA, Canada, China, EU as well. @SawyerMerrittnextbigfuture.com/2022/12/massiv…
[3/8] Electrifying all Semi and large trucks in China reduces oil imports by 5M barrels per day, US 3M bpd, EU 3M bpd, Japan 1M bpd. Economic, strategic, geopolitical, pollution. Huge impacts @SawyerMerrittnextbigfuture.com/2022/12/only-a…
1/15 I interview antiaging expert Aubrey de Grey. He has been interviewed by Joe Rogan and 60 minutes. He corrects mistaken views on aging and talks big new developments. significant human life extension by 2035 #aging#antiaging#Futureyoutube.com/embed/xWAIb1Mv…
2/15 Next Level Funding has been reached for Antiaging has been reached. Over $12B+ invested. Billions from Jeff Bezos and Saudi Hevolution fund. Progress is not money limited.
2/8 Toyota Corolla was number 1 in 2021 with 1.1 million and Toyota RAV4 was number 2 with and Ford F150 #3 in units but possibly #1 in revenue for a car model in 2021.
3/8 Toyota Corolla in 2022 had a 40% drop in China sales. @farzyness@WR4NYGov