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This New EV Law Could Be Huge for One $13 Stock

A mind-blowing clause – hidden on page 137 of this new piece of legislation – could send one EV maker skyrocketing.

October 31, 2022 / By Sam Latter

President Biden just signed the $750 billion Inflation Reduction Act into law.

The sweeping package…

  • Gives Medicare the power to negotiate the prices of certain pharmaceutical drugs…
  • Imposes a 15% minimum tax on the profits of large American companies…
  • And promises to raise over $700 billion in government revenue...

But it also contains a surprising and unusual provision that's largely escaped the notice of the mainstream press.

Buried on page 137 of the new law is a clause that could turbo-charge the electric vehicle (or EV) market – and accelerate mass adoption in a major way.

One EV automaker in particular is poised to see the greatest benefit...

(Hint: it's not Tesla.)

It's received more than 200,000 reservations for its latest launch, a technological game-changer that the Wall Street Journal calls "an American manufacturing triumph."

Its EV sales have shot up by 169% in just one month – and it's gaining market share at a breakneck pace.

But now – thanks to Biden's new law – this company could unseat Tesla as the leader of the EV industry.

Best of all? It trades for just $13 a share.

Click here for the full story.

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