Q Journalists are underrated. Underrated Bloomberg. Who is this?
A This is Wall Street Journal opinion section. It's great. Uh, California regulators and the Biden administration tried to boost the electric truck market with mandates and subsidies. The Inflation Reduction Act included a 40,000 dollar tax credit for buyers of electric trucks. EPA rule last spring requires that electric truck models make up 25% of long-haul tractor sales by twenty-thirty-two. Man, talk about a bull case for Tesla now. It's crazy. Uh, another electric truck maker, Lordstown Motors, filed for bankruptcy in twenty-twenty-three. Fisker failed last June. Rough time. The British electric bus startup arrival sold its assets. Lots of bad stuff going on in the EV truck market. Power law rules everything around me. That's the story here. Anyway.
AI assessment note: “This is Wall Street Journal opinion section.”