Tesla and GM electric car sales could get a big boost if this bill passes

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Washington General Motors and Tesla sales could get a boost if a bill introduced this week by a bipartisan group of lawmakers to expand the electric car tax credit passes Congress.

Michigan Democrats Sen. Debbie Stabenow, Sen. Gary Peters and Rep. Dan Kildee joined with Tennessee Republican Sen. Lamar Alexander and Maine Republican Sen. Susan Collins to propose the legislation, which they say would increase production in electric vehicles and create jobs. Currently, customers who buy electric cars receive a $7,500 tax credit. But it phases out after an automaker sells 200,000 vehicles.

 

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Get rid of all these subsidies, both consumer and manufacturers. Let them compete freely then we'll see if they can

Why does CNN follow right wing talking points?

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Shove your electric cars, Americans don't want em 🇺🇸🇺🇸

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The report said the company and panasonic were holding off on a Gigafactory expansion the delay is due to worries that demand for TESLA vehicles is slowing down

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