Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...

The electric-vehicle purchase tax credit makes buying Teslas and other EVs more affordable for most car buyers.

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

Despite the expected hit to EV sales, Trump’s plan to end the incentive has received the blessings of representatives from ...

Although Tesla applauded the Trump administration's decision to eliminate the $7,500 consumer tax credit for electric vehicle ...

Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his ...

Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, ...

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act ...

Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax ...