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The most significant changes to the IRA related to EV components sourced from foreign entities of concern (FEOC), which included countries like China, Iran, NorthKorea, and Russia. The IRS implemented some changes that affected some electric vehicle models on sale in the US market. The Teslarati team would appreciate hearing from you.
I mean, when I go and I buy a ladder at the big-box hardware store, if I fall off of it because it’s faulty, there’s somebody I can sue. They really buy into what their lords tell them.” So I think that Russia, NorthKorea, Iran, they’re the geopolitical peasants, so to speak. And I think that’s a very important move.
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