☕ Saving green

Morning Brew··10 min read
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AI Summary

Rising gas prices driven by the Iran war are reigniting consumer interest in EVs, with manufacturer incentives filling the void left by the eliminated $7,500 federal tax credit. Tesla is expanding pilot tests of its Semi truck, which gets rave reviews from owner-operator truckers hit hardest by diesel cost spikes. Markets posted a fourth straight week of losses, with Nasdaq down 6.86% YTD and Bitcoin down 22.34%.

Key Facts

  • Rising gas prices from the Iran war are driving renewed EV interest, with a 2026 Chevrolet Equinox EV selling for $23,991—over 50% off sticker—as manufacturer incentives replace the eliminated $7,500 federal tax credit.
  • Tesla Semi is receiving rave reviews in pilot tests with truckers, with 15,000 mass-produced units planned for delivery by end of 2026 and 50,000/year thereafter.
  • S&P 500, Dow, and Nasdaq all posted a fourth straight week of losses, with Bitcoin down 22.34% YTD and Beyond Meat down 79% over the past year ahead of Wednesday earnings.

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