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US House Is Likely to Kill EV Tax Credit, Speaker Johnson Says

Bloomberg05-06

Republicans in the US House are more likely than not to kill a consumer tax credit for electric vehicles, according to Speaker Mike Johnson.“I think there is a better chance we kill it than save it,” ...

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  • a4xrbj1
    ·05-07
    Goodbye Tesla, their only two sources of profit right now (as per Q1 earnings) are the sales of carbon credits and interest on their diminishing cash. Their sales is already in decline by a large margin vs previous year and previous quarter, without the 7,500 IRS credit no one is going to buy their cars when gas and hybrid cars are much cheaper! Especially with the huge asset depreciation Of EV's.
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