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