Market Insight : USPS EV Fleet Secures Future Under New Tax Bill: A Boost for Tesla and Ford
Market Insight : USPS EV Fleet Secures Future Under New Tax Bill: A Boost for Tesla and Ford Company Overview The United States Postal Service (USPS) is moving forward with its significant investment in electric vehicles (EVs) under the protection of a new tax bill that prevents their removal. The USPS has over 7,200 EVs in their fleet, primarily made by Ford Motor Co. (NYSE:F) and Tesla (NASDAQ:TSLA) . This initiative aligns with the growing automotive and manufacturing trends for sustainable transportation and government support for green technologies. Technical Indicator Breakdown and Analysis (as of 2025-06-23) EMA12: 323.0065676 - The 12-day Exponential Moving Average indicates the short-term price trend, showing current positive momentum. EMA26: 320.88851 - The 26-day Exponential Moving Average reflects the longer-term trend, supporting recent upward movement. MACD: 2.11806 - The Moving Average Convergence Divergence value being positive suggests bullish momentu...