VW now owns 146 million shares of Rivian, and is catching up to Amazons 158 million shares.
Oh wow.VW now owns 146 million shares of Rivian, and is catching up to Amazons 158 million shares.
Wow.
I suspect sales have slowed as buyers are waiting for the new model to decide which they want-or they held off to get an amazing new Scout!
I’m waiting to see the first R2 on the road around here being so close to the factory. It should be soon.I suspect sales have slowed as buyers are waiting for the new model to decide which they want-or they held off to get an amazing new Scout!
My parents paid less than that for our first house in Corpus Christi on a 1 acre lot in 1995. The Oso Bay was right across the street and we were half an hour from Padre Island Beach or downtown Corpus in either direction.
My wife and I were shopping for our first house with 3 kids and a baby on the way during COVID since rent increased 20%-50% in our area overnight.
We were pre-approved for $380k but chose a 1,400sq-ft 1969 pier and beam that was completely remodeled. All new plumbing, flooring, electrical, granite countertops, drywall, etc. I didnt want to be house poor.
We paid $214k for our house, It was the cheapest and most structurally sound home we could find and time was running out.
It took over a year of getting beat out on bids by $40K cash over asking before we did it. We live around an hour East of Dallas and people flocked here when remote work surged.
In 2018 our current home was appraised at $68k.
In 2024 it appraised for $273k.
Country Creek?My parents paid less than that for our first house in Corpus Christi on a 1 acre lot in 1995. The Oso Bay was right across the street and we were half an hour from Padre Island Beach or downtown Corpus in either direction.
My wife and I were shopping for our first house with 3 kids and a baby on the way during COVID since rent increased 20%-50% in our area overnight.
We were pre-approved for $380k but chose a 1,400sq-ft 1969 pier and beam that was completely remodeled. All new plumbing, flooring, electrical, granite countertops, drywall, etc. I didnt want to be house poor.
We paid $214k for our house, It was the cheapest and most structurally sound home we could find and time was running out.
It took over a year of getting beat out on bids by $40K cash over asking before we did it. We live around an hour East of Dallas and people flocked here when remote work surged.
In 2018 our current home was appraised at $68k.
In 2024 it appraised for $273k.
Its absolutely bananas.
At launch Slate confidently said they weren't going to rely on the tax credits then immediately pulled a Tesla by advertising their price inclusive of the tax credits to hit that $20K number. Hypocritical and foolish since that was March when everyone knew Trump was going to eventually pull the credit.@Jamie@ScoutMotors any new on what happens now with the tax incentives gone? Even though it’s not my reason for buying a Scout unlike some. Nor is being afraid of gasoline my reason for buying a Scout. And I know that Scott doesn’t seem to worried about it.
I’m only wording because I saw that it seems that Slate is shitting bricks.
Well its been said for a while that EV's would eventually need to compete. And if the savings of money for electric vs gas is so much it shouldn't be a real problem for EVs to sell.At launch Slate confidently said they weren't going to rely on the tax credits then immediately pulled a Tesla by advertising their price inclusive of the tax credits to hit that $20K number. Hypocritical and foolish since that was March when everyone knew Trump was going to eventually pull the credit.
As for Scout or any other EV manufacturer, I doubt we'll get any substantiative answer other than "no change to our plans" however we all know the discussion is being had and decisions are indeed being made. Like Rivian you'll probably see aggressive lease/finance offers, rebates, credits towards free stuff, but where I think it'll be interesting is on the packaging of the car itself.
With the safe harbor of the $7,500 tax credit gone, EVs and their true prices have to compete out in open water with the rest of the industry. This means there's even more pressure on the base models to pack a strong punch because the question "why buy a low equipment Scout when I can get a loaded ICE [whatever] for the same price?" will be asked.
Yeah I get that but it's not me I'm thinking about, it's the masses.Well its been said for a while that EV's would eventually need to compete. And if the savings of money for electric vs gas is so much it shouldn't be a real problem for EVs to sell.
The next best thing is for states to up their incentives since those are still availableYeah I get that but it's not me I'm thinking about, it's the masses.
The problem with this is they are now taxing everything connected to electric which one can argue for days over but other studies show ICEs do as much road damage as EVs. The current mindset seems to be to make buying an EV as expensive as possible so everyone runs back to gas and the rich get richer because they all have major interests in the oil industry. It’s just how it is but rolling back everything is just foolish as it just lets China and all the other countries gain larger leads on the U.S. and takes our engineers and leaves us years behind. I guarantee in 2 years after everyone runs back to oil, the prices will magically skyrocket. Then we are all out of luck while competing nations ween themselves off of foreign oil. Just a big circle of pain and profit growth for investorsWell its been said for a while that EV's would eventually need to compete. And if the savings of money for electric vs gas is so much it shouldn't be a real problem for EVs to sell.
@Jamie@ScoutMotors any new on what happens now with the tax incentives gone? Even though it’s not my reason for buying a Scout unlike some. Nor is being afraid of gasoline my reason for buying a Scout. And I know that Scott doesn’t seem to worried about it.
I’m only wording because I saw that it seems that Slate is shitting bricks.