The White House just dropped a bombshell on automakers on Thursday...
The Biden administration announced it’s signing a new executive order that will push sales of electric vehicles to 50% of all new vehicles sold by 2030.
On its surface, this might feel like a big win for EV makers like Tesla Inc. (Nasdaq: TSLA) — after all, it sells over two-thirds of all the EVs in the U.S.
But when you start to dig into the numbers, the EV executive order is more likely the signal that Tesla’s real race has just started...
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