$Tesla (TSLA.US)$$NIO Inc (NIO.US)$ The federal government i...

$Tesla (TSLA.US)$ $NIO Inc (NIO.US)$ The federal government is spending billions of dollars to replace an estimated 600,000 light cars and trucks in partnership with American car, battery and charging equipment manufacturers and installers. The federal government owns nearly 650,000 vehicles, according to the latest figures from the General Services Administration. Currently, only about 3,000 of those vehicles, or 0.5%, are electric.