This week on the Electrek Podcast, we discuss the most popular news in the world of sustainable transport and energy, including more Tesla Roadster information, Toyota bringing EVs to the US, a new federal tax credit, and more.
The Electrek Podcast is me, Fred Lambert, editor-in-chief of Electrek, and Seth Weintraub, founder and publisher of Electrek and the 9to5 network, discussing all our top stories of the week while taking questions from our readers and highlighting the most insightful comments on the site.
The show is back live every Friday at 4 p.m. ET on Electrek’s YouTube channel. As a reminder, we’ll have an accompanying post, like this one, on the site with an embedded link to the live stream. Head to the YouTube channel to get your questions and comments in.
After the show ends at around 5 p.m. ET, the video will be archived on YouTube and the audio on all your favorite podcast apps:
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Here are a few of the articles that we will discuss during the podcast today:
Tesla to get access to $7,000 tax credit on 400,000 more electric cars in the US with new incentive reform
Elon Musk asked Biden administration to implement a carbon tax
Elon Musk is serious about making Tesla Roadster ‘hover’ with rocket technology
Elon Musk believes Bill Gates had a big short position on Tesla (TSLA) and lost a lot of money
Tesla (TSLA) buys $1.5B in bitcoin, pushing the crypto to all-time high; plans to accept as payment
Toyota announces 2 electric cars coming to the US this year
Audi unveils 2022 e-tron GT – combining luxury and electric performance
Here’s the live stream for today’s episode starting at 4 p.m. ET (or the video after 5 p.m. ET):
Fred: And we are lively. These are gentlemen for a new episode of the electric podcast. I am Fred Lambert, your hosts, and as usual I'm joined by set Winthrop today. Set
[00:00:09] Seth: I'm good.
[00:00:10]Fred: All right, let's jump into this. We have a, quite a few interesting news to discuss this week, and we're going to start with one.
[00:00:15] That's gonna, it's gonna affect a lot of people that are planning to buy an electric car in the U S sometime this year or even in the next few years. The The long anticipated reform of the federal tax credit for electric vehicles is, is pretty close to happening. So it was officially submitted to the house of representative in Washington.
[00:00:40]And it's called, it's called the green act. And green is an acronym for growing renewable energy and efficiency. Now. Now. Cool. All right. There's, there's a bunch of different things to unpack in there. There's it's a, it, it, it, it affects the ITC for solar. It brings it back to 30% and extends it until 20 26.
[00:01:02] But of course, the thing that we were more morals interested in is how does it affect the federal tax credit for electric vehicles? Because that's what needed to be reformed specifically, because, I mean, it was really unfair to a Tesla and in GM, right? Warren now don't watch buyers of this NGM don't have access to it.
[00:01:20] And and sorry, I don't, I'm going to share the screen here. Sure. Got to do that thing. Quick sharing screen. Boom, we're on. Yeah. So Tesla and GM hit the threshold for the, the $200,000 to 200,000 deliveries in the U S and after that, they, they still managed to get more tasks rather than 200,000.
[00:01:44] Then there's a phase out period that lasts more than a year, really. But now it's over for both automakers and basically the situation now is you have. Automakers that have EVs in the market that…