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Tesla’s biggest investor: it’s a family business masquerading as a public company

Baua Electric

The Indonesian-born Chinese American businessman is better known for founding SHI International Corp, a large private IT company that made him a billionaire. KoGuan is the third largest individual shareholder in the company, but you could argue that he is the biggest Tesla investor as he invested more than anyone in the company: $3.5

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Good News and Bad News: Changes to the Federal EV Tax Credit in 2024

EV Life

For example, starting in 2024, battery components cannot come from companies controlled by China. Bundle charging. In addition, battery sourcing requirements can also affect a vehicle’s eligibility. The full $7,500 tax credit is split into two parts, each worth $3,750. Vehicles can qualify for none, both, or either of these credits.