69. EV Stocks to Watch w/ Gareth Solomon | Is Lucid a Buy?

Aug 21, 2021 · 14m 3s
69. EV Stocks to Watch w/ Gareth Solomon | Is Lucid a Buy?
Description

Biden's new executive order sets a target for electric vehicles, hydrogen fuel cell, and plug-in hybrid vehicles to make up 50% of US sales by 2030. 50% sales figure is...

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Biden's new executive order sets a target for electric vehicles, hydrogen fuel cell, and plug-in hybrid vehicles to make up 50% of US sales by 2030. 50% sales figure is a "voluntary" target arrived at in consultation with three major car companies—Ford , GM, and Stellantis .Tesla, was notably absent from the signing. The Senate is currently debating legislation relating to EV tax credits. (range from $3,500 to $7,500). Under the Biden plan, buyers could qualify for a federal tax credit of up to $12,500. On this episode, we're looking into which EV stocks to keep on eye on. With deliveries potentially arriving is Lucid Motors (LCID) finally a buy?

Guest: Gareth Soloway Chief Market Strategist of InTheMoneyStocks.com
website ➜ https://bit.ly/InTheMoneyStocksite

#Tesla #Lucid #BYD
~EV Stocks To Watch w/ Gareth Solomon | Is Lucid a Buy?~
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