Instead of spending $200 million each month on direct tax credits that make electric vehicles cheaper, the government might be using that money to buy raw materials for batteries. Tesla plans to do this with the first lithium refinery in America. Tesla’s Progress Tesla has just processed its first sustainably sourced raw material in its Gulf […]
Model Y Juniper Price Rise as Gov Funds Shift to Tesla Lithium Read More »
US renewable energy is set to see over 32 GW of solar installations in 2024, as per new data from the American Clean Power Association and S&P Global Commodity Insights. Future Growth Expectations The initial edition of the biannual Solar Market Monitor report indicates a projected 6.6 percent compound annual growth rate (CAGR) from 2025 through
US Solar Industry Set for Record 32 GW Installations in 2024 Read More »
Tesla dominates the electric vehicle market in the US, accounting for nearly half of all sales. The government allocates approximately $200 million each month in subsidies, which can reach up to $7,500 in tax credits for the Model Y. This model is also set to receive a facelift, known as the Juniper, which is anticipated to
Tesla’s New Plan Threatens Model Y Juniper Tax Credit Read More »
The U.S. Treasury Department has revealed the total amount of electric vehicle subsidies it has provided since the start of this year. Monthly Expenditures Previous estimates suggested that the government was spending around $200 million each month on EV tax credits, and those figures were quite accurate. Thanks to the Inflation Reduction Act from the White
Biden Administration Spends $2 Billion on EV Tax Credits for Teslas Read More »
