(Bloomberg) - Eliminating the US electric vehicle tax credit would dent future EV demand — perhaps by more than a fourth .. @bloomberg.com $RIVN $LCID $GM $TSLA $F www.bloomberg.com/news/article... - ThreadSky

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carlquintanilla.bsky.social • 104 days ago

(Bloomberg) - Eliminating the US electric vehicle tax credit would dent future EV demand — perhaps by more than a fourth ..

@bloomberg.com $RIVN $LCID $GM $TSLA $F
https://www.bloomberg.com/news/articles/2024-11-19/us-electric-vehicle-demand-seen-plunging-27-without-tax-credit

Comments

handonthetiller.bsky.social•104 days ago

Certainly Musk can talk Donald out of that.

mneff50.bsky.social•104 days ago

Maybe it's time. I'm not sure.

truthsword.bsky.social•104 days ago

And let China rule the future of automotive technology industry

thejefflutz.bsky.social•103 days ago

Who forecasted this and have they forecasted anything accurately prior?

hfrearden.bsky.social•104 days ago

For the mission…

therealbillwhite.bsky.social•104 days ago

Only assuming those car companies don’t immediately adjust their prices….

nandor-delaurentis.bsky.social•103 days ago

Tagging LCID, but this would only impact their leasing numbers. It actually closes the gap between their sale point and those that get a credit.

kittlieder.bsky.social•104 days ago

Elmo's a clown. 🤡

cinnamon--girl.bsky.social•104 days ago

how does this help Leon? shouldn't he be advocating for keeping the tax credit?

demandabeth.bsky.social•104 days ago

I just bought my first EV three months ago- I can confirm I would not have been able to afford it without the tax credit

jalapeno7.bsky.social•104 days ago

Elon is in favor of removing this tax credit because they believe it would box out the competition. GM and Ford sell their EVs for a loss and by removing this tax credit, it would force other EV out of the market

ennuimalaise.bsky.social•104 days ago

that would bite Elon's butt

suesaysenough.bsky.social•104 days ago

And you're surprised?

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