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0.0013657070054354 0.00228228888827789 0.00182399794685656 -0.00367549335019834 -0.00275891146735586 -0.010692935903429 -0.010692935903429 -0.010692935903429
Stock impact report

Tariff Uncertainty Dangerous To Suppliers, EV Sales Law Firm Predicts [Forbes]

Rivian Automotive, Inc. (RIVN) 
Company Research Source: Forbes
Getty Images Uncertainty over threatened Trump administration moves regarding electric vehicle tax credits, funding a recharging infrastructure and 25% tariffs on imported vehicles and components could result in chaos among suppliers, manufacturers and consumers, according to an assessment delivered Tuesday by a prominent law firm specializing in the automotive sector. Such uncertainty is likely to also create added friction between suppliers and manufacturers said lawyers from the firm which represents hundreds of automotive suppliers, during a roundtable with reporters from their Detroit offices. EV sales threatened While electric vehicle sales in the U.S. have increased, the rate of that increase remains slow, despite a $7,500 tax cr Read more
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