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 competitive.
Impact of Cancelling the U.S. Electric Vehicle Tax Credit
U.S. Energy Secretary Jennifer Granholm argues that cancelling the electric vehicle tax credit will harm U.S. competitiveness in the EV market, especially against China. The planned repeal is part of broader tax-reform by President-elect Donald Trump’s team.
Musk’s sway over Trump could devastate electric vehicles — except his own
Elon Musk’s ascension as a top adviser to President-elect Donald Trump gives him tremendous power to sculpt the new administration’s approach to electric vehicles — and is sparking renewed scrutiny of his motives.
Trump Plans to Repeal $7,500 EV Tax Credit: Here's How He Could Do It
With a Republican-controlled Congress, there is 'definitely a path to repeal,' sources tell PCMag. But that could threaten jobs at EV manufacturing plants in red states.
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.
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 reform legislation, Reuters reported.
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 ...
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 ...
Trump administration reportedly plans to scrap EV tax credit
The proposed repeal is under discussion by a transition team led by oil magnate Harold Hamm and North Dakota Governor Doug ...
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 ...
EV companies, battery makers urge Trump not to kill vehicle tax credits
A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to ...
Trump Administration Plans To Scrap $7,500 EV Tax Credit, Tesla Supports Move: Report
Although Tesla applauded the Trump administration's decision to eliminate the $7,500 consumer tax credit for electric vehicle ...
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming ...
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
EV tax credit death could be first effect of Trump-Musk 'bromance'
Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and ...
Rivian Stock Is Down Again on Tax Credit Fears
Shares of Rivian Automotive (NASDAQ: RIVN) are down for a second day on Friday after Reuters reported that the incoming Trump ...