Yahoo Finance will soon be upgrading our Conversations message board platform to provide a better experience for our users. Only comments published since April 21, 2021 will be visible on Yahoo Finance after the upgrade. If you wish to download and save any of your older comments, please submit a request via the Privacy Dashboard by no later than Aug. 15, 2022.
This bill may happen! $7,500 rebate for new electric vehicles immediately available at the dealer! $4k for used electric vehicles.
Shorts are in trouble here! HOLD ALL YOUR SHARES!!! Expect shorts will be saying whatever they can to get you to sell this week.
In my personal opinion we will likely see a massive partnership announced shortly after the ruling. Every company will be chomping at the bit to get a piece of LAC and Thacker Pass once all hurdles are brushed aside.
Luckily, they say the answer is that through a combination of grace periods and creative definitions and waivers, the tax credits will be able to be accessed. It seems to be a good approach to allowing the lawmakers to be or at least appear to be taking meaningful action against Chinese dominance of the supply chain, yet providing immediate incentives for the demand side of EVs.
This approach also ramps up the pressure for establishing a viable North American supply chain within the coming years. North American battery metals should be able to charge a premium as OEMs clamor to qualify for the content requirement. This bodes very well for LAC and any of our other EV battery companies in North America.
https://www.politico.com/news/2022/08/06/manchin-electric-vehicle-china-00050145
Wazzoo removed my link.