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Bloomberg Technology
Big Tech in Wait-and-See Mode
Nov 15, 2024
Terry O'Day, COO of In Charge Energy, shares insights on the significant implications of potential cuts to the $7,500 EV tax credit under a new administration. He discusses how these changes could reshape consumer demand and slow industry growth. The conversation also highlights the evolving landscape of electric vehicle adoption and the hurdles faced by companies in the clean energy transition. O'Day emphasizes the importance of regulatory support in fostering innovation and driving the EV market forward.
42:36
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Quick takeaways
- The impact of potential cuts to the $7,500 EV tax incentive could significantly reduce consumer demand and hinder industry growth.
- Market dynamics, influenced by political developments, are contributing to a downturn in technology stocks, notably affecting companies like NVIDIA and Alibaba.
Deep dives
Impact of the Clean Energy Transition
The commercial real estate market is currently facing significant stress, particularly due to the clean energy transition. This transition is being financed in ways that may impact property valuations and investment characteristics within the $20 trillion market. The podcast explores how real estate sectors are adapting to these changes and the implications for future developments. This shift not only affects existing properties but also influences how new developments are planned and financed.
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Discover
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