Is DeSantis Igniting A Firestorm With Elon Musk Over Florida Electric Vehicle Bill Veto?
Portfolio Pulse from Chris Katje
Florida Governor Ron DeSantis has vetoed a bill that would have increased the state's purchase of electric vehicles, despite near-unanimous bipartisan support. The decision could potentially impact Tesla Inc., as well as Ford Motor Company and General Motors, which have growing electric vehicle fleet sales divisions. The vetoed bill would have enabled the state to reduce costs by acquiring electric vehicles for its fleet of state-owned vehicles.
July 03, 2023 | 6:12 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
The veto of the bill could potentially impact Ford, as it may reduce the demand for their electric vehicles in the state.
The vetoed bill would have increased the state's purchase of electric vehicles, which could have potentially increased the demand for Ford's vehicles. The veto could therefore negatively impact Ford's sales in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The veto of the bill could potentially impact General Motors, as it may reduce the demand for their electric vehicles in the state.
The vetoed bill would have increased the state's purchase of electric vehicles, which could have potentially increased the demand for General Motors' vehicles. The veto could therefore negatively impact General Motors' sales in the state.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEGATIVE IMPACT
The veto of the bill could potentially impact Tesla, as it may reduce the demand for their electric vehicles in the state.
The vetoed bill would have increased the state's purchase of electric vehicles, which could have potentially increased the demand for Tesla's vehicles. The veto could therefore negatively impact Tesla's sales in the state.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80