Latest on the EV Tax Credit - BIG changes ahead! (Ep. 466)

I discuss the fast-evolving situation of the EV tax credit and it’s chances of being passed in the Senate. Also I cover a new update regarding Berlin and Austin Gigafactories starting produciton. New update from Bloomberg: https://www.bloomberg.com/news/articles/2021-12-08/extra-tax-credit-for-ev-s-put-at-risk-by-parliamentarian-review Current EV tax credit terms: (subject to change and in limbo) - $7500 tax credit for electric vehicles with at least 40kWh battery - $4500 union made bonus - $500 U.S. made battery bonus - Adjusted gross income cap: $400k individuals, $800k for joint filers - MSRP price cap: $55k sedans, $69k SUVs, $74k pickups - If passed, applies to RVs purchased after Dec 31, 2021. - Refundable tax credit - Phaseout: Dec 31, 2031 Social 🐦 Twitter https://mobile.twitter.com/heydave7 🎧 Apple Podcast: https://podcasts.apple.com/us/podcast/dave-lee-on-investing/id1493031991 🎙️Spotify https://open.spotify.com/show/2iin015s0k21Bt4ldep9XT?si=uBV4Ft8hQEu_GE4YSIDDGg 📸 Instagram https://www.instagram.com/heydave7 Dave Lee on Parenting, https://www.youtube.com/channel/UCWD9b1BZqi2G2u30sGYIFrA NOTE: Please don’t fall for scammers who might impersonate me or others in the comment section. I do NOT give out my number or ask people to contact me. 💁🏻‍♂️ Disclaimer: All content on this channel is for discussion and illustrative purposes only and should not be construed as professional financial advice or recommendation to buy or sell any securities. Should you need such advice, consult a licensed financial or tax advisor. All views expressed are personal opinion as of date of recording and are subject to change without responsibility to update views. No guarantee is given regarding the accuracy of information on this channel. Neither host or guests can be held responsible for any direct or incidental loss incurred by applying any of the information offered. Author is long TSLA, LMND, SQ, and other stocks at time of original video publish date. When you buy through links in this video description, author may earn an affiliate commission. Open an brokerage account at Interactive Brokers: https://www.interactivebrokers.com/mkt/?src=daveleey&url=%2Fen%2Findex.php%3Ff%3D1338 Buying a Tesla? 🚗 Car: Use my referral link to receive 1,000 free Supercharger miles with the purchase of a new Tesla. http://ts.la/david7556 ☀️ Solar: You’ll get $100, I’ll get $500 for a new install of a Tesla solar system. http://ts.la/david7556 Check out my archived articles/posts on Tesla and investing: https://teslamotorsclub.com/tmc/threads/articles-megaposts-by-davet.23473/#post-485768Subscribe to Dave Lee on Investing on Soundwise