The House of the US Congress passed a bill that will give a $7,500 credit for EV purchase. This is happening when production cannot keep up with demand.
In this video I discuss how Tesla is backordered to the point they are now not taking any new orders for the Model 3 LR. This is how far out their demand is.
We can expect price increases due to this down the road. So much for bringing down inflation.
▶️ 3Speak
I saw that and from a breakdown, I think Tesla would have to focus on a few cars to get those credits. Most of it can't really be applied to the higher costs cars and I think people still need to wait months before they their Tesla.
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Thats a good problems to have...
:)
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The best. It looks like that is through the EV sector at this moment.
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