If the LCT is cut tomorrow, the price of all used cars and many new cars will drop. A $100,000 car becomes a $92,000 car. A $200,000 car becomes a $163,000 car.

Who wins: new car buyers, dealers, the economy. Who loses: current owners of premium used cars. Every time Tesla cuts the price of a new Model S, every used Model S loses value immediately. The LCT was designed to protect Australian manufacturing. There is no Australian manufacturing. It's time to go.