🔌💡If you are looking to buy an EV, get it before Jan 20 because Trump is talking about killing the $7,500 EV tax credit.
The legacy automakers were slowly chipping away at Tesla's market share in the US, which declined by 30% in the last 4 years.
#EVs #battchat
https://www.reuters.com/business/autos-transportation/trumps-transition-team-aims-kill-biden-ev-tax-credit-2024-11-14/
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The legacy automakers were slowly chipping away at Tesla's market share in the US, which declined by 30% in the last 4 years.
#EVs #battchat
https://www.reuters.com/business/autos-transportation/trumps-transition-team-aims-kill-biden-ev-tax-credit-2024-11-14/
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Another knock-on effect could be that the legacy automakers will now be forced to make final decision - go all-in on EVs or give it up completely. No hedging their bets anymore.
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