[obermd]

Agree - I was just pointing out that Tesla was forced to cut prices in an effort to increase sales. Stock has taken a major pounding. Other car manufacturers might also have to follow suit. EV's are so over-priced that manufacturers might not meet their sale targets for 2023 and 2024. High interest rates + recession does not bode well for high priced EV makers. In any case I think sweet spot for future EV's is $30,000 to $40,000 and not $65,000 to $80,000. Look at Rivian. Makes a great truck but its overpriced. Maybe if battery prices come down and mass EV production kicks in, overall prices will drop. But for now most EV's prices are in "nose bleed" territory. Even with Tesla price cut.

Actually, Tesla reduced prices to get the Model Y, which is their best selling vehicle, under the price cap for IRA tax credits.

 

[obermd]

And that $7500 tax credit option expires end of March unless the car battery materials meet the domestic sourcing requirement. I don't know if they do.

Telsa has started selling Model Ys with their 4860 battery, which is made in the US.

 

[obermd]

Where do the raw materials come from?

That I don't know. I don't think the IRA specifies the raw materials sourcing though.

 

[obermd]

Nice find. Note, however, that the statement is "extracted or processed", which means the raw material can be mined elsewhere as long as the processing occurs in the US, Canada, or Mexico.

 

[obermd]

That is a noticeable difference. And there's virtually no difference between the 225/55R18 and the 245/40R20 tires in terms of actual circumference either so that's all about the weight and rolling resistance, not the number of times the wheels turn per mile.

Here are the conversions of the two tire sizes to circumference.

Width (mm)	225​	245​
Aspect Ratio (%)	55​	40​
Rim Diameter (in)	18​	20​
Calculations Below
Tire Sidewall (in)	4.9​	3.9​
Rim + tire diameter (in)	27.7​	27.7​
Circumference (in)	87.2​	87.1​

Note the final circumference. This is an estimate because the tread depth on the tire makes a difference as well. However, the 245/40 tires will be about $100 to $150 more per tire to replace.

 

[obermd]

So, dumb question, do you think Chevy would setup the 3LT odometer differently than say a 1LT based on the wheels? Same goes for trims that allow upsizing the wheels. Or is the assumption that the wheel+tire diameters will be the same, just the sidewall heights will be different?

I bet this is a variable/constant setting in the main computer that can be set on a trim by trim basis.