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

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

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 ...

Repealing the subsidy - a major component of President Joe Biden’s Inflation Reduction Act - would deal a significant blow to ...

The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...

The Tesla Model Y is a big beneficiary of the $7,500 federal tax credit. But it may be changed or eliminated. Consumers may ...

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

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

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