Inflation Reduction Act Tax credits for electric vehicles may hurt sales

Tesla cars are shipped next to a traditional Texaco gas station on July 17, 2022 in Navi, Utah. With more electric cars on the road, the lack of charging infrastructure has become an even bigger problem for electric car owners. George Fry | Getty Images Proposed tax credits of up to $7,500 for electric vehicles … Read more

Forget the past three years

Eugene Chang, co-founder of Silicon Valley VC, TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Changa veteran investor in Silicon Valley, remembers the moment when the market for young startups peaked this year. He said the money flowing from venture capital firms, hedge funds and wealthy families to seed-stage firms had reached ridiculous … Read more

How much money will you get if you invest 1000 dollars in 2017

Tesla CEO Elon Musk She sold 7.92 million shares of an electric car maker worth about $6.88 billion between August 5 and August 9, according to A A series of recent SEC filings. As of August 9, Tesla The stock was valued at about $850 per share at the close of trading. That price is … Read more

5 things to know before the stock market opens Thursday, August 11

Traders on the floor of the New York Stock Exchange, August 8, 2022. Source: NYSE Here are the most important news that investors need to start their trading day: 1. Stock futures go up US markets were on Thursday Ready to rise again After a government report showed inflation abating, it fueled a rally on … Read more

Automakers warn that most electric cars will not qualify for a federal tax credit

But the auto industry warns that the vast majority of electric vehicle purchases will not qualify for a tax credit of this size. This is mainly due to the bill’s requirements that, to qualify for the credit, an electric vehicle must have a battery made in North America with minerals mined or recycled on the … Read more

Automakers warn that most electric cars will not qualify for a federal tax credit

But the auto industry warns that the vast majority of electric vehicle purchases will not qualify for a tax credit of this size. This is mainly due to the bill’s requirements, to qualify for credit, an electric vehicle must have a battery made in North America with minerals mined or recycled on the continent. And … Read more

Bed Bath & Beyond leads ‘meme’ shares soar as Reddit group appears to jump again on board

Bed Bath & Beyond Inc. shares rose. down 36% on Monday with no visible news driving the movement, as the Wall Street Beats crowd on Reddit once again embraced the “meme” stock. One individual on the Reddit forum, called “TheDude0007,” said his inbox was full of queries about the decision process after he said he … Read more

Elon Musk challenges Twitter CEO Parag Agrawal to a bot debate

Cindy the billionaire Elon Musk provocation Twitter He challenged CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion takeover. Musk submitted an offer to the Securities and Exchange to acquire Twitter back in April of this year. After the companies … Read more

Elon Musk challenges Twitter CEO Parag Agrawal to a bot debate

Cindy the billionaire Elon Musk provocation Twitter He challenged CEO Parag Agrawal to a “public debate” about fake accounts and spam in the midst of a contentious legal battle over a $44 billion takeover. Musk made an offer with the Securities and Exchange to take over Twitter back in April of this year. After the … Read more

California DMV says Tesla FSD, autopilot marketing is deceptive

Brand-new Tesla cars sit in a parking lot at Tesla’s showroom on June 27, 2022 in Corte Madera, California. Justin Sullivan | Getty Images News | Getty Images California Department of Motor Vehicles charged Tesla from engaging in deceptive practices around the marketing of driver assistance systems, which are branded Autopilot and Full Self Driving … Read more