thx1139
Active Member
I have said over and over again that it is political to hold rust states. Administration publicly gives GM and Ford kudos while Tesla reaps the benefits.If Tesla emerges un-excluded and as a major - if not the major - recipient of IRA benefits, do you think you'll reconsider your insistence that the current administration has it out for Tesla?
Want proof?
CAFE Standards: Tesla lobbies Administration last year. Administration raises CAFE standards and other auto manufacturers purchase ZEV credits from Tesla. Tesla income from ZEV credits skyrocket in 2022 after going down year after year.
Inflation Reduction Act:
Tax Credit for car purchases are one thing,
Looking deeper the Solar pushed back up to 30% and extended a decade rather than end after 2023 after being reduced to 22%. Add battery storage to the program as well
Battery manufacturing credits. Manufacturers of batteries in the US get credits. Tesla will make out incredibly well.
EPA Renewable Fuel Standard Credit:
EPA under Administration guidance is about to make EV and battery storage and possibly even EV chargers eligible for another credit.
So yeah GM and Ford gets kudos and Tesla gets cash and demand boost. Wall Street is ignoring this stuff by the way.