LOS ANGELES, August 07, 2022--Fisker Inc. (NYSE: FSR) ("Fisker") – passionate creator of the world's most sustainable electric vehicles and advanced mobility solutions – unveils a process for qualifying US-based reservation holders of the Fisker Ocean all-electric SUV to retain access to the existing federal tax credit. The current $7,500 tax credit would be unavailable should Congress pass the Inflation Reduction Act of 2022 and President Biden signs the legislation into law.
Yahoo Finance autos reporter Pras Subramanian details a new report that found interest in electric vehicles is falling as gas prices keep declining.
Nikola is now bringing in meaningful revenue, and potential legislation could give it and other EV stocks another tailwind.