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Microcap & Penny Stocks : The FR REFR Thread

REFR 1.860

-4.1%

Nov 3 3:59 PM EST

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To: firstresponder who wrote (39)	11/16/2024 11:16:09 AM
From: firstresponder	Read Replies (1) of 70

Posting this here to avoid triggering flashpoints, but it's too important to my REFR investment for me to ignore. From Reuters, yesterday: Exclusive: Trump's transition team aims to kill Biden EV tax credit ... Tesla has historically been the biggest beneficiary of consumer EV subsidies passed by Biden and previous administrations. It now may stand to gain from killing the incentive because that could hurt rising EV competitors more than Tesla. Musk himself pointed out as much in a July earnings call, saying losing the subsidy under Trump would "probably benefit Tesla" in the long term. Story picked up by many other outlets, including Fox Business and CNN.

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