Yesterday all Solar stocks crashed with the Sunrun registering a collapse of 40%. This was due to Senate releasing a bill to cut off Solar tax credits. Now we have confirmation that the same Senate is also submitting a similar tax credit cut for EVs, what do we think will happen with Tesla's share prices ? Everyone has heard Elon Musk say that Tesla is not a car company. But the truth is, more than 90% of their revenue is from sales of EV cars.
Sorry, this post has been deleted
# Solar Stocks Plunge: How Will Tax Credit Phase-out Impact the Sector?

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

  • Top
  • Latest
empty
No comments yet