Tesla share crash amid Republican bid to kill off electric car tax break
Didn't help that the automaker's financial results also sucked
By News on the Net -- The Register—— Bio and Archives--November 3, 2017
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Tesla's share price took a dive Thursday morning as Republicans in Congress revealed they were planning to kill off a US federal tax credit for electric vehicles.
The proposed House tax bill calls for an immediate repeal of the $7,500-per-vehicle credit: something that would have an immediate knock-on impact for Tesla given that it only produces electric cars.-- More...
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