Are you on Team Bollinger or Team Rivian?

[JSH]

Originally Posted by ME_Andy

Anyway, Ford is really struggling. I guess dropping the Rivian partnership wasn't too surprising.

The partnership isn’t dead. Bill Ford Jr appointed his daughter to Rivian’s board of directors today and announced they are still building a vehicle together.

[Xist]

Tesla's Monday rally may qualify Elon Musk for the first part of a 12-tranche compensation package just days after the CEO disagreed with Tesla's lofty share price.
The automaker jumped 8% in Monday trading to reach a six-month market cap average of $100 billion for the first time, Reuters reported.
The event should trigger the executive payday, giving Musk the ability to buy 1.69 million Tesla shares at $350.02 each. The company closed at $761.19 per share on Monday.
The possible payout comes three days after Musk tweeted, "Tesla stock price is too high imo." The message pushed shares down as much as 13% on Friday before some losses were pared.

https://markets.businessinsider.com/...0-5-1029166005

To help your business, you need to hurt your business. I feel like the Sphynx from "Mystery Men" would have given this advice.

[cRiPpLe_rOoStEr]

Originally Posted by Xist

To help your business, you need to hurt your business.

Just like some risky investments

[oil pan 4]

Could be another lordstown motor scam on the tax payers.

[Hersbird]

Originally Posted by oil pan 4

Could be another lordstown motor scam on the tax payers.

All tax money directed at influencing consumer behavior is a scam. Doesn't matter if they are taking the money as in a sin tax, or giving the money away picking winners and losers in the market. All scams.

[rmay635703]

Originally Posted by Hersbird

All tax money directed at influencing consumer behavior is a scam. Doesn't matter if they are taking the money as in a sin tax, or giving the money away picking winners and losers in the market. All scams.

Ah sales tax and property taxes are scams

Agreed

[Hersbird]

Originally Posted by rmay635703

Ah sales tax and property taxes are scams

Agreed

Somewhat agree, they need to just pick one between income, sales, and property and make it fair and consistent so everyone pays a similar overall rate. Everyone's a winner or if they raise it everyone's a loser. Everyone has skin in the game.

[freebeard]

All tax money directed at influencing consumer behavior is a scam.

I support tariffs as a means of influencing external actor [nation states].

I recall a[n un-cited] statement from the 1990s that the USofA runs on fees and tariffs, and the income tax goes to service the debt to the Federal Reserve. The relationship between the Federal Reserve and the Treasury seems to have changed of late. I don't pretend to understand the details.

[JSH]

Originally Posted by freebeard

I support tariffs as a means of influencing external actor [nation states].

I recall a[n un-cited] statement from the 1990s that the USofA runs on fees and tariffs, and the income tax goes to service the debt to the Federal Reserve. The relationship between the Federal Reserve and the Treasury seems to have changed of late. I don't pretend to understand the details.

Your source is very misinformed. Tariffs are a very small portion of Federal income and Federal debt is small portion of spending. The USA spends almost half our budget on programs for the elderly.

On a separate note - corporate income taxes are so low we shouldn't even bother. Tax the capital gains as normal income when they pay out to individuals and eliminate the whole industry of corporate tax avoidance.

[freebeard]

...corporate income taxes are so low we shouldn't even bother. Tax the capital gains as normal income when they pay out to individuals and eliminate the whole industry of corporate tax avoidance.

Something to think about I guess. What happens to individual income taxes?

On a separate note — Remember Ford vs Ferrari?
Just A Car Guy: Ferrari is now worth more than General Motors and Ford after its market value surged Monday morning to about $30 billion.