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Trump may end $7,500 EV tax credit

Newsweek on MSN · 1d

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.

Fast Company on MSN · 2d

If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?

This might be a good time to buy an electric car. Trump wants to get rid of the EV tax credit—and it’s possible that he’ll convince the incoming Republican Congress to go along with that plan. But what does that mean if you buy an electric car early in 2025,

TechCrunch on MSN · 2d

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 (IRA). Now, it seems

2don MSN

Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit

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

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 ...

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