CHEAPER TESLAS? ALL ABOUT THE EV TAX CREDIT PROPOSAL, TESLA DRIVER MONITORING, SEMICONDUCTOR FAB?

EV Channels Review

This episode delves into a proposed overhaul of the US EV tax credit, highlighting significant potential changes. Key among these is the removal of the per-manufacturer cap, a substantial benefit for Tesla. The proposal also introduces a new phase-out structure tied to market penetration (50% EV sales), a refundable credit system irrespective of tax liability, and a new commercial EV credit. Modifications include additional credits for US-assembled and union-made vehicles, and an $80,000 MSRP cap, which could impact Model S options. Notably, a provision to exclude Chinese-produced EVs and a potential requirement for US final assembly after 2025 are discussed. The reviewer suggests that, despite some stipulations like the union-made credit, the overall proposal would likely be a net positive for Tesla, accelerating EV adoption and potentially boosting US deliveries significantly. The episode also touches on NHTSA safety rating updates post-radar removal, Tesla's exploration of advanced semiconductor supply chain strategies including potential fab acquisition, and the activation of interior camera-based driver monitoring on new vehicles. Finally, it confirms delays for Plaid+ Model S orders to mid-2022 and reports strong April production numbers from Giga Shanghai.