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EV, Tesla and Trump

Bloomberg on MSN · 11h

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.

Tesla, Rivian Drop on Report Trump Wants to End EV Credit

US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Most Read from BloombergUnder Trump,

Hosted on MSN · 13h

Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.

Rivian Automotive Inc. shares dropped 12% on Thursday ... have swirled since Trump emerged as the victor of the Nov. 5 presidential election. The EV tax credit is widely believed to be on the chopping block, perhaps by moving up the date that it ends.

10h

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.

5d

That $7,500 Tax Credit On A Tesla Model Y Could Go Away

The Tesla Model Y is a big beneficiary of the $7,500 federal tax credit. But it may be changed or eliminated. Consumers may ...

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