RT Sawyer Merritt (@SawyerMerritt)NEWS: Italy has approved new subsidies worth almost $700 million for the purchase of EVs. The ministry will offer up to 10,000 euros ($11,650 USD) to individuals and up to 20,000 euros to small firms, covering up to 30% of the total purchase price of a new electric car or commercial vehicle.To qualify, users will be required to scrap an internal combustion vehicle of up to the Euro 5 emission class, dating from 2015 or earlier, the ministry said. ...

Market Trend & Future Expectation - Electric cars upgradable to autonomy are financially sound investments [1] - Internal combustion engine vehicles will depreciate in resale value over time [1] - Traditional vehicles are becoming obsolete compared to electric vehicles [1]

“If somebody makes a better electric car than Tesla, so much better than ours that we can't sell our cars, and we go bankrupt, it's still a good thing for the world.”Elon Muskhttps://t.co/Y6gaN1WyUb ...

Funding & Strategy - Volcon, an electric car maker listed on Nasdaq, secured a $500 million raise [1] - The funding is intended for a bitcoin treasury strategy [1]

Market Trend & Future Prediction - Industry suggests purchasing electric vehicles (EVs) upgradable to autonomy is financially sound [1] - Industry anticipates long-term resale value of non-EVs will decrease [1] - Industry compares using non-EVs to "riding a horse using a flip phone," implying obsolescence [1]

Industry Impact - Tesla is driving global change through its electric vehicle production [1]

Market Competition & Risk - Tesla acknowledges the possibility of bankruptcy if a competitor creates a superior electric vehicle [1] - The electric vehicle industry recognizes that even Tesla's failure due to competition would benefit the world [1]

Market Dynamics - Tesla acknowledges the possibility of a competitor creating a superior electric vehicle [1] - The industry recognizes that even Tesla's potential bankruptcy due to competition would benefit the world [1]

Market Trend - The termination of the EV mandate is upsetting to some [1] - Not everyone wants an electric car [1] Product Preference - The speaker loves Tesla and considers it a great product [1] - Tesla products are considered beautiful and technologically advanced [1]

What happened to Elon Mus. Who. What happened to Elon Mus.Nothing. No, he's upset he's that he's lo losing his EV mandate and he's accept Yeah, he's very upset about things, but you know, he could lose a lot more than that. I can tell you right now, hey, Elon Elon can lose a lot more than that.I haven't been with We might have to put Doge on Elon. You know, you know what Doge is. Do is the monster that have that might have to go back and eat Elon.Wouldn't that be terrible. He gets a lot of subsidies, Peter. ...