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President of business development for -- -- First off I wanna talk about him on most of what you have to say about making -- of the great affordable.
You have in mind a whole new -- of these electric cars that can be bought by.
-- -- interests and Stewart this is this has been our mission from the beginning was to catalog as a mass market for electric vehicles to do so.
With our own vehicles starting with that high and low volume product the -- to move through mid volume mid for a mid price offering them the current model lesson ultimately to get to what we caller -- three which would be.
High volume lower price vehicle was the total overall -- charges that it won't what is the timeframe on this because it if you really want -- mass produced some not -- -- -- many years down the road.
It's not so many years down the road was set about three to four years you know we're really trying to collapse time and every opportunity in our business and that we think that that's a reasonable time for him to do this and and it's been the plan from the beginning I think that we just have now this national platform and people learning about this for the first time but it's been our mission from the very beginning.
You still getting you've got three things going for you you've got to the 7500.
Dollar tax credit that's available to a lot of people who bought -- com.
Secondly you've still got tax credits from the state I believe which you can sell and you are selling to all the people who could use a tax credits.
A number three.
You've got gas close to four dollars a gallon in what is above four dollars a gallon in California and a lot -- -- the country -- He got some stuff in the background is doing well for -- I think that's true villain and I clarify on some of those you know it's the volatility of gas prices and and the often high price of gas.
That stimulated some conversation -- and a desire to put a tax credit in place.
There would reward producers of of of electric vehicles and plug in electric vehicles and by the way that.
-- that's federal tax credit came along long before Tesla Motors did or at least before we got to market.
With respect to the California regime.
That's a that's deserve credit system under California regulation that too -- existed for more than twenty years.
And it's very helpful in the in the early stages as we get our vehicles to market.
But it's never been part of our business model it's never been.
Our core to our business franchise we're going to be successful because we make great vehicles and we attract customers to the value proposition we offer.
There -- -- to bring up North Carolina.
The sale of Tesla is you can't bind at Tesla.
In count in the state of North Carolina.
The con dealers won't like he do it because -- its online you know somebody who was the problem here.
Again icici clarified that under current North Carolina law you can buy -- Tesla in North Carolina we've.
Placed over eighty in that market already and there's sixty more on the way.
The law that's being -- proposed by the North Carolina dealers association.
Would prohibit North Carolina residents from transact in with us on line so learning more about the vehicle and ultimately making a deposit for vehicle.
So it's changing the law it's moving the goalposts so that North Carolina residents would no longer have the right to transact these vehicles in the privacy of their own now.
By the way we call a lot of North Carolina Condit -- -- never of what's going on here that went in the wet this legislation I take it.
Did -- get -- beat this thing back.
Well you know it it -- through the North Carolina senate kind of quietly in the dark of night but as we've shed light on the issue.
-- as it's moved over to the the House of Representatives in North Carolina.
There's a lot of question in his do what's really going on here I think it was inside baseball initially but.
We like to -- like to fight in the light of day and I think that we've got a fair shot at turning this this Jason law back.
Did -- O'Connell you have the stock of the day may be the weakens and maybe even amongst the.
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