Tesla, Others Will Not See Tax Credit For Customers Extended By Congress

Tesla, Others Will Not See Tax Credit For Customers Extended By Congress

4 years ago
Anonymous $9ruWwTnhZq

https://wccftech.com/tesla-others-no-tax-credit-extend/

Tesla Model 3s unveiled in China earlier this year.

Elon Musk's rollercoaster of a company Tesla Inc (NASDAQ:TSLA) finally started to sail smoothly this year, when it reported positive earnings per share in its third-quarter for 2019. The company's stock also broke its one-year high barrier today, when it closed at a share price of $381.75, up 6.52% from Friday's close of $358.39. Wall Street analysts from Credit Suisse and Oppenheimer also sent out optimistic notes earlier today, with Oppenheimer highlighting that it believes Tesla will smoothly ramp up production in its Gigafactory 3. However, as the day ends, news from the U.S. Congress might not be in either Tesla or other electric vehicle manufacturers' favor.