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Manchin Sets High Bar for Tesla and GM Electric-Car Tax Credits

Content requirements could be difficult to meet depending on how Washington finalizes the fine print.

Senator Joe Manchin and Senate Majority Leader Chuck Schumer in March.

Senator Joe Manchin and Senate Majority Leader Chuck Schumer in March.

Photographer: Chip Somodevilla/Getty Images North America
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It was tempting when Democrats announced their surprise climate deal to imagine American auto executives popping champagne bottles. But any bubbly probably ought to stay on ice until Washington finalizes the fine print of the bill that would lift the cap on tax credits for electric vehicles.