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Technology Stocks : Tesla EVs - TSLA
TSLA 268.27-6.8%3:59 PM EDT

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From: Savant8/6/2022 12:41:14 PM
   of 20060
 
new possible tax bill...be interesting to see who gets the grants

The bill introduces and expands on tax credits offered to consumers to make electric vehicles more affordable.

The bill would give consumers up to $4,000 in tax credits if they buy used EVs or plug-in hybrids. Customers are already eligible for up to $7,500 in tax credits to buy new EVs but this is limited to the first 200,000 eligible vehicles sold by each automaker. The bill would lift this cap on tax breaks for new EV sales, as long as the vehicle is assembled in the US.

Auto manufacturers would get grants to refit their sites so they could make clean vehicles instead, and up to $20 billion would be given in loans to build new factories.

**won't be surprised if mostly given to dinosaur cos, esp the unionized cos
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