Sabtu, 29 April 2023

New EV Law Could Be Huge for One $12 Stock

Buried on page 137 of the new law is a clause that could turbo-charge the electric vehicle (or EV) market – and accelerate mass adoption in a major way. Buried on page 137 of the new law is a clause that could turbo-charge the electric vehicle (or EV) market – and accelerate mass adoption in a major way. ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌

This New EV Law Could Be Huge for One $12 Stock

Dear Reader,

President Biden just signed the $750 billion Inflation Reduction Act into law.2
The sweeping package...

  • Gives Medicare the power to negotiate the prices of certain pharmaceutical drugs...

  • Imposes a 15% minimum tax on the profits of large American companies...

  • And promises to raise over $700 billion in government revenue...

But it also contains a surprising and unusual provision that's largely
escaped the notice of the mainstream press.

Buried on page 137 of the new law is a clause that could turbo-charge the electric vehicle (or EV) market – and accelerate mass adoption in a major way.

One EV automaker in particular is poised to see the greatest benefit. (Hint: it's not Tesla.)

It's received more than 200,000 reservations for its latest launch, a technological game- changer that the Wall Street Journal calls "an American manufacturing triumph."

Its EV sales have shot up by 169% in just one month – and it's gaining market share at a breakneck pace.

But now – thanks to Biden's new law – this company could unseat Tesla as the leader of the EV industry.

Best of all? It trades for just $12 a share.

--> Click here for the full story...

Regards,

Sam Latter
Editor in Chief, Empire Financial Research

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