Ever since the IRS announced the qualifying criteria for availing of the electric vehicle tax credits allowed under the “Inflation Reduction Act Of 2022,” Tesla Inc.
Trading in the U.S. index futures suggests that stocks may get off to a strong start in the first trading session of 2023. The mood is in contrast to the cautious outlook given by most Wall Street analysts regarding the year's market trajectory.
Tesla, Inc. ended 2022 as the worst-performing mega-cap stock, with some of the weakness attributable to worries concerning a slowdown in demand, especially in its key market, China.