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Wednesday, June 11, 2008
Tesla Inks Small Deal with Daimler
FOXBusiness
Tesla Motors, the maker of an electric sports car, has inked a technology deal with Daimler, said Chairman Elon Musk.
“We have a deal right now with Daimler. Its still in the early stages,” said Musk in an interview with Fox Business Network’s Liz Claman. “We have small deal that could potentially lead to a very big deal.”
According to Musk, Tesla’s electric sports car the Roadster, which gets 220 miles but costs $100,000, has been sold to more than 1,000 customers. The company, which started production a month ago, expects to produce 2,000 cars a year, said the executive.
Tesla is working on a cheaper version that will start at around $59,000. That electric car will be a four door sedan that fits five passengers, he said.
“Its has more than twice the energy efficiency than a Prius,” said Musk of the Tesla Roadster.
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Sure, we know some of you are saying the term "marriage penalty" is redundant. In fact, of all the costs associated with getting married (have you seen the cost of a wedding cake lately?), the marriage penalty can be the worst.
Here's how it works: Mr. and Mrs. Right walk down the aisle in wedded bliss and suddenly they¿re a two-income household. If both make roughly the same amount of money, they can be pushed into a higher tax bracket. That's bad, since the higher the bracket, the higher the tax. So, if both were single, they'd end up writing two smaller checks to the tax man that, if combined, would add up to less than the giant check they write in a state of wedded bliss.
Is that fair? We're not touching that, but there is a flip side that few people talk about. The marriage penalty only kicks in if both members of the couple make close to the same amount of money. If there's a big disparity in pay, there's actually a tax advantage. Call it the marriage bonus.
And, it¿s important to remember that there are other financial benefits, such as lower life-insurance rates or health care premiums, that can make up for the extra tax couples pay. So don't let Uncle Sam stop you from saying, "I do."
