Made in Ameri-cars… The take-home price of some electric vehicles could pop next month after the Biden admin updated tax-credit rules. EVs with China-made battery parts won’t be eligible for the full $7.5K discount that sellers factor into sticker prices. Many models could be affected since two-thirds of the world’s battery cells are made in China. Tesla said the credit for its Model 3 will be halved to $3,750. The admin’s move is meant to support made-in-the-USA cars, but EV growth has been cooling, and this is another bump in the electric road.
Upcycling Pixars… “Soul,” “Turning Red,” and “Luca” skipped a wide theatrical release during the pandemic and went directly to streaming on Disney+. But the critically acclaimed trio is heading to the big screen, one each month from January to March. Disney, which has ramped up investments into its profitable parks, could be looking to milk some $$ from its not-so-magical movie-and-media biz: its film division hasn’t turned a profit in over a year, with recent duds including “Wish” and “The Marvels” — the MCU’s lowest-grossing flick.