Tesla cars may qualify for the full US$7,500 new EV tax credit as Treasury delays its federal subsidy guidelines

[Redaktion]

The US$3,750 EV credit that Tesla started giving to December buyers to make them pull the trigger instead of wait for the federal subsidy may have been too little. The Treasury Department delayed the issuing of its subsidy requirement guidelines until March, so Teslas may now qualify for the full US$7,500 tax credit amount.

https://www.notebookcheck.net/Tesla-cars-may-qualify-for-the-full-US-7-500-new-EV-tax-credit-as-Treasury-delays-its-federal-subsidy-guidelines.675934.0.html

[Indy]

The Treasury said that the tax credit guidelines delay is necessary so as to be able to take into account the opinion and the impact over all stakeholders involved, foreign and domestic

So the goal of the act isn't exactly to reduce inflation. 

Still politics as usual.   Sure, go ahead and cater to big auto/gas companies/big business.  Isn't that what got us here in the first place?  We don't seem to be learning from our mistakes.  Eventually, we will.

[Daryl]

How would printing money reduce inflation? Only in the world of Orwellian doublespeak. The purpose of the Act is to appease the climate change cult, and provide subsidies to Ford and GM, and by extension, save union jobs.