Rivian and Tesla Led EV Stocks Flying Higher in Morning Trading for US's EV Bill

Tiger Newspress2022-08-08

Rivian and Tesla led EV stocks flying higher in morning trading for US's EV Bill.

The bill creates a $4,000 tax credit for used EVs. The package provides billions in new funding for EV production as well as $3 billion for the U.S. Postal Service to buy EVs and battery-charging equipment.

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