News

As sales of electric vehicles continue to surge, many new and prospective customers have questions about qualifying for federal tax credit on electric vehicles. Whether you qualify is not a simple yes or no question… well, actually it sort of is, but the amount you may qualify for varies by household due to a number of different factors. Furthermore, there are other potential savings available…

Volkswagen has to halt electric vehicle production for a week at two German factories over supply chain issues. This is going to affect EV supply for several of the German automaker’s brands. Supply chain issues, and especially the chip shortage, have had major impacts on the auto industry. For Volkswagen, Germany’s Automobilwoche reports that the automaker was able to prioritize chip supply…

Tesla (TSLA) has managed to maintain its $1 trillion market cap despite CEO Elon Musk continuing to sell shares. EV stocks are doing great, with Rivian also up – now worth north of $145 billion. Tesla shareholders are used to a wild ride, but things have been especially wild over the last two weeks since CEO Elon Musk announced that he would sell 10% of his stake in the company. The sale is…