Tesla Stock Rebounds. Wall Street Is Weighing EV Tax Credit Changes.
The electric-vehicle purchase tax credit makes buying Teslas and other EVs more affordable for most car buyers.
Tesla supports killing $7,500 EV tax credit – going directly against its mission
Tesla reportedly supports the Trump administration’s plan to kill the $7,500 federal tax credit for electric vehicles – something
Report: Nixing EV tax credit is a Trump priority, with Tesla support
The tax credit could be tackled by the Republican-controlled Congress, in a move backed by Elon Musk but self-serving for Tesla, not EV adoption.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
Trump Administration Plans To Scrap $7,500 EV Tax Credit, Tesla Supports Move: Report
Although Tesla applauded the Trump administration's decision to eliminate the $7,500 consumer tax credit for electric vehicle purchases, it was criticized for perhaps making the US electric vehicle transition more difficult.
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act (IRA). Now, it seems
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
Trump's transition team aims to kill Biden EV tax credit, sources say
Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused transition team has determined some of Biden's clean-energy policies will be tough to end because they are popular and already funneling money to Republican-dominated states, the sources said.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Exclusive-Trump's transition team aims to kill Biden EV tax credit
President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...
Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...