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Tesla China: Top gov’t meeting confirms NEV purchase tax exemption extension

Teslarati

Tesla China will likely see its momentum in the domestic EV market accelerate, thanks to the country’s NEV purchase tax exemption being renewed next year. The NEV purchase tax exemption, which was launched in 2014, allowed most consumers who purchase green vehicles to save about RMB 10,000 (around $1,500).

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J.D. Power: Majority of EV owners are intent on purchasing another one in the future

Green Car Congress

Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. However, satisfaction with the current ownership experience is a key influencer for whether owners will purchase the same brand of EV again.

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Elon Musk teases purchase of Silicon Valley Bank after demise

Teslarati

Elon Musk teased the idea of Twitter buying Silicon Valley Bank after its sudden and somewhat unexpected demise earlier this week. Musk responded to a suggestion from Min-Liang Tan, CEO of gaming computer company Razer, who stated, “Twitter should buy SVB and become a digital bank.” “What an opportunity.

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Tesla Model Y joins a new Police Force, and incentives made it an affordable purchase

Teslarati

The Tesla Model Y has officially joined the Ipswich, Massachusetts Police Department, and its price tag wasn’t all that bad considering the multiple incentives that were applied by local groups. While the Tesla Model Y isn’t the automaker’s least expensive car, it is far from the most expensive.

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What would you buy with Elon Musk’s $164B fortune?

Teslarati

Despite most of his funds being locked up in Tesla shares and other assets, Musk’s incredible wealth has been put into an online game where the player has complete control over what to buy with the money if stocks and assets were cashed out. Elon Musk (@elonmusk) May 1, 2020. Don’t need the cash. I still have 41.3%

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Nvidia replaces Tesla as S. Korea’s top foreign stock

Teslarati

Nvidia replaced Tesla as South Korea’s top foreign stock. Tesla stock was the top foreign stock pick for local South Koreans for four years after dethroning Amazon in July 2020. Now, Nvidia has taken Tesla’s crown. Ironically, the US-based chip company may have Tesla CEO Elon Musk for its meteoric rise.

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DOJ echoes Tesla argument in Louisiana direct sales appeal

Teslarati

Department of Justice (DOJ) has backed an argument from Tesla this week during a circuit court appeal of a case with the state of Louisiana over its automotive direct sales ban rules. Lousiana Motor Vehicle Commission attorneys did not respond to Reuters ’ request for comment on the matter, nor did Tesla. The DOJ declined to comment.

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