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Trump may end $7,500 EV tax credit
Trump Is Likely to Kill the $7500 EV Tax Credit. Elon Musk Is OK With That.
Getting rid of the federal rebate could devastate the electric vehicle industry, but Tesla CEO Elon Musk doesn't mind. Here's why.
If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?
At this point, many buyers are taking advantage of the credits at dealerships when they buy a car. In the past, they had to wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,
2d
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 ...
2d
Rivian Stock Is Down Again on Tax Credit Fears
An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German ...
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