Update on Mach-E launch progress from engineering friends in Mexico

[jhalkias]

https://www.zerohedge.com/markets/train-carrying-new-165-volkswagen-cars-sabotaged-mexico

Sponsored

 

[mamejunkie]

https://www.zerohedge.com/markets/train-carrying-new-165-volkswagen-cars-sabotaged-mexico

Is it selfish of me to say...better VW than if it was Mach-Es.

 

[dbsb3233]

Some of us don't live in a state with credits for the Mach-E. Also, some of us have income structured so that we will not get the $7500 federal tax credit either. So yes, there are some people paying full price for the car.

I would have gotten the full $7500 credit this year, but I won't even get half of the $7500 Federal Credit next year.

Do you have an IRA or 401(k)? Taking a withdrawal from that would generate taxable income. Ideally if over age 62 (no penalty).

 

[KAustin]

Wow...

 

[ajmartineau]

Do you have an IRA or 401(k)? Taking a withdrawal from that would generate taxable income. Ideally if over age 62 (no penalty).

Creating a tax liability, just to be able to take a tax credit is not sound financial planning(or advice). I work hard to lower my tax bill every year. I couldn't that low his year. If I needed money so badly that I had to withdraw from a tax-deferred account and take the penalty, I wouldn't be buying a MME.

I am more than a decade away from any distributions.

 

[macchiaz-o]

https://www.zerohedge.com/markets/train-carrying-new-165-volkswagen-cars-sabotaged-mexico

Some strange details in the article.

six rail cars rolled over completely and some dropped into a ravine. He estimated damages in the millions of pesos.​

​

A million pesos is roughly $50,000 USD.

I'm happy no one was hurt, though.

 

[GoGoGadgetMachE]

Some strange details in the article.

six rail cars rolled over completely and some dropped into a ravine. He estimated damages in the millions of pesos.​

​

A million pesos is roughly $50,000 USD.

I'm happy no one was hurt, though.

tbf "hundreds or thousands of millions" are still "millions" ?

 

[macchiaz-o]

tbf "hundreds or thousands of millions" are still "millions" ?

That's true. So it would have saved a couple of words to just say "damages estimated in the pesos."

 

[ChasingCoral]

https://www.zerohedge.com/markets/train-carrying-new-165-volkswagen-cars-sabotaged-mexico

I'll be happy when I hear mine's in KC!

 

[GoGoGadgetMachE]

That's true. So it would have saved a couple of words to just say "damages estimated in the pesos."

doesn't sound as good though.

just say it with a booming, echoing voice...

"PESOS"

vs

"MILLIONS OF PESOS"

?

 

[Crilly]

How many cars are on the production line from start to finish? And How many lines?

 

[shutterbug]

Do you have an IRA or 401(k)? Taking a withdrawal from that would generate taxable income. Ideally if over age 62 (no penalty).

No penalty at all, if you convert IRA it to Roth IRA. Withdrawals from active 401(k) and other similar accounts are much harder. In 2020 You could withdraw up to 100K without penalty and decide to apply to one or more of the next 3 years,but only if you had health issues or financial issues that resulted from the virus.

Also the penalty disappears at 59½, not 62.

 

[shutterbug]

Creating a tax liability, just to be able to take a tax credit is not sound financial planning(or advice). I work hard to lower my tax bill every year. I couldn't that low his year. If I needed money so badly that I had to withdraw from a tax-deferred account and take the penalty, I wouldn't be buying a MME.

Converting IRA to Roth IRA, and then covering additional taxes with the credit, would not increase your taxes, and would take advantage of ROTH IRA benefits (no tax, no RMD, etc).

 

[Woeo]

Well said. I'd just add a couple of words to this sentence:

"The scheme is meant to look like the government is avoiding meddling in decisions regarding a manufacturer's choice to offer EVs"

When of course, meddling in those decisions is exactly what the government is doing. Just not as obviously as the even more heavy-handed CAFE, and the outright ICE bans.

True.

Agreed the emissions regulations and policy bans are better examples of thumb in the pie meddling, but the influence of billions of dollars in ‘free’ money across manufacturers will turn the biggest ship in time.

 

[buffasnow]

I would think both of those cases are still using low-band 5g. Not the high-band, Gbit/sec speeds of the high-band I was discussing earlier.

I agree that mid & low band are simpler to implement with sufficient speed for most, and are in use already in some places using 4G, but my understanding is that high band 5G fixed is being evaluated/tested. I'm sure the ultimate product(s) offered to the general public will depend on pricing and take rate.
It does seem reasonable to me that if a particular 5G site is to be used for fixed wireless only (no cell service), then the distance limitations could be somewhat mitigated by cranking up the power and having customers use external line of sight antennas. I guess we will see when carriers start offering this to the public.

Sponsored