Emergent Tech
Tesla share crash amid Republican bid to kill off electric car tax break
Didn't help that the automaker's financial results also sucked
By Kieren McCarthy in San Francisco 2 Nov 2017 at 18:47
Tesla's share price took a dive Thursday morning as Republicans in Congress revealed they were planning to kill off a US federal tax credit for electric vehicles.
The proposed House tax bill calls for an immediate repeal of the $7,500-per-vehicle credit: something that would have an immediate knock-on impact for Tesla given that it only produces electric cars.
Tesla share crash amid Republican bid to kill off electric car tax break
Been saying for years.........EV's are ghey. Nobody wants these cars.
But even I am surprised..........671 million in losses this past quarter!!!
fAiL
Tesla share crash amid Republican bid to kill off electric car tax break
Didn't help that the automaker's financial results also sucked
By Kieren McCarthy in San Francisco 2 Nov 2017 at 18:47
Tesla's share price took a dive Thursday morning as Republicans in Congress revealed they were planning to kill off a US federal tax credit for electric vehicles.
The proposed House tax bill calls for an immediate repeal of the $7,500-per-vehicle credit: something that would have an immediate knock-on impact for Tesla given that it only produces electric cars.
Tesla share crash amid Republican bid to kill off electric car tax break
Been saying for years.........EV's are ghey. Nobody wants these cars.
But even I am surprised..........671 million in losses this past quarter!!!
fAiL