Boiler Room: The Official Stock Market Discussion

BlaxOps

Pro
Joined
Jul 18, 2015
Messages
992
Reputation
151
Daps
1,446
Reppin
MiYaYo (Carol City)
Any Ford investors here? Thoughts?

WASHINGTON (Reuters) - U.S. Senator Marco Rubio on Thursday introduced legislation that would block tax credits for electric vehicle batteries produced using Chinese technology.

The proposal would bar credits to Ford Motor's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.

Rubio, the top Republican on the Intelligence Committee, said the bill would "significantly restrict the eligibility of IRA tax credits and prevent Chinese companies from benefiting."
 

Skooby

Alone In My Zone
Supporter
Joined
Sep 30, 2012
Messages
25,206
Reputation
10,262
Daps
59,761
Reppin
The Cosmos
Any Ford investors here? Thoughts?

WASHINGTON (Reuters) - U.S. Senator Marco Rubio on Thursday introduced legislation that would block tax credits for electric vehicle batteries produced using Chinese technology.

The proposal would bar credits to Ford Motor's deal to use technology from Chinese battery company CATL as part of the automaker's plan to spend $3.5 billion to build a battery plant in Michigan.

Rubio, the top Republican on the Intelligence Committee, said the bill would "significantly restrict the eligibility of IRA tax credits and prevent Chinese companies from benefiting."
I am. I hope the bill fails.
 

Starski

Superstar
Joined
Feb 12, 2015
Messages
6,156
Reputation
1,300
Daps
18,147
Someone gotta make that meme with anime character and butterfly and insert

“Is this what bear sterns felt like”
 
Top