Starting a thread here to discuss what people think will be better or worse for NVX in regards to the vehicle tax credit potentially being removed which is what Musk has cracked it over versus the tariffs that could be applied to synthetic graphite.
I personally think that either way it is going to benefit NVX. If these tariffs go through at crazy rates then even though the sales of EV's in the US will fall they won't fall completely and it will mean that the demand will sky rocket for NVX as we will be the only synthetic graphite producer in the US that the OEMs can buy from at a decent price.
This will be a game changer and will ramp up demand ten fold IMO. That is even with the tax credits removed. If the credits remain then it is even better but it isn't the be all and end all. I think the tariffs are the number one thing going for NVX's future.
NVX Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
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