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Reply to "Elon’s Rocket Blew Up. Again. "
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[quote=Anonymous][quote=Anonymous]^Tesla's battery energy storage business has become a significant revenue driver, even surpassing the company's EV business in some areas. In Q4 2024, Tesla's energy storage revenue reached $3 billion, a 113% increase year-over-year. This segment now contributes a substantial portion of Tesla's overall revenue, with some analysts estimating that a single Megapack battery generates revenue equivalent to 35 of their best-selling EVs. [/quote] Looks like this won't be the win for Elon it normally would. I guess he didn't have a hand in the "big, beautiful bill." "The "One Big Beautiful Bill," a House-passed budget bill, includes provisions that significantly impact car emissions and related regulations. Specifically, it aims to reverse the Biden administration's Environmental Protection Agency (EPA) standards mandating electric vehicle (EV) production quotas by 2030-32 and nullifies the EPA's waiver allowing California to set its own stricter air pollution standards. Additionally, the bill repeals the $7,500 EV tax credit for manufacturers who have sold over 200,000 clean vehicles. " https://www.autoweek.com/news/a64861994/big-beautiful-bill-ends-ev-tax-credits/ Also, "The text of President Donald Trump's “big beautiful bill,” which passed the U.S. House of Representatives early Thursday, contains a provision that would impose a new annual registration fee on electric and hybrid vehicles, a move that experts say will disincentivize purchases of zero- and low-emission vehicles across" https://insideclimatenews.org/news/23052025/ev-hybrid-tax-increase-tucked-into-trumps-big-beautiful-bill/#:~:text=The%20text%20of%20President%20Donald,and%20low%2Demission%20vehicles%20across [/quote]
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