The Internal Revenue Service will update which electric vehicles qualify for what credits this week. Companies have started to steal the agency’s thunder. The news is better for some EV makers than others.
General Motors (GM) announced Monday that its full lineup of electric vehicles will qualify for the $7,500 tax tax credit. It’s a good outcome for the company and shares were rising Monday.
Source: https://www.barrons.com/articles/tesla-model-3-ev-credits-gm-2460e2c5?siteid=yhoof2&yptr=yahoo