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Tesla, Trump and Tax Credit
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax 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.Trump’s transition team has been discussing ending the $7,
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.
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
10h
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 ...
2h
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 ...
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