
Incentive Key for EVs: Race to Decelerate as BBB Cuts Tax Credits
Schwab Network · Schwab Network
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Show Notes
Today's panel sees companies like Tesla (TSLA) and Rivian (RIVN) suffering from the Big, Beautiful Bill removing tax credits for EVs. Chris Beauchamp says it's really hard to incentivize Americans currently using gas-powered cars to switch to electric. Hatem Dhiab adds that people don't know enough about EVs, and won't want to without incentive.
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