Bullboard - Stock Discussion Forum Surge Battery Metals Inc. V.NILI

Alternate Symbol(s): NILIF

Metals & Mining Industrial Metals & Minerals

Surge Battery Metals Inc. is a Canadian-based company. The Company’s Nevada North Lithium Project flagship property is dedicated to exploring clean high-grade lithium energy metals in Nevada USA - essential for powering tomorrow's electric vehicles. The Company’s management team boasts a strong track record of delivering significant shareholder value. The Company is led by a board and... see more

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TSXV:NILI - Post Discussion

Surge Battery Metals Inc. > ARTICLE: MUSK EV to SOAR on elimination of $7,500 credit

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Post by deepoil0808 on Nov 16, 2024 3:18pm

ARTICLE: MUSK EV to SOAR on elimination of $7,500 credit

Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards

New YorkCNN —

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.

So if the EV tax credit goes away, the price of all EVs might come down.

“Take away the subsidies, it will only help Tesla,” he posted on his social media platform X in July.

https://www.cnn.com/2024/11/15/business/musk-tesla-trump-ev-tax-credit/index.html

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If you add in the removal of all regulations proposed by Musk, the EV car prices will plunge in HALF.

Good Luck,