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EV, Trump and Tesla
Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.
Tesla Stock Edges Up. Are Trump EV Tax-Credit Concerns Weighing on the Shares?
The electric-vehicle purchase tax credit makes buying Teslas and other electric vehicles more affordable for most car buyers.
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 purchases as part of broader tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
1d
on MSN
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 ...
1d
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, ...
21h
on MSN
Trump’s transition team plans to cut Biden's EV Tax Credit
With an eye on tax reform, Trump’s team plans to eliminate a key $7,500 federal electric vehicle subsidy, potentially ...
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