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EV, Trump
Thinking About Getting an EV Before the Tax Credit Changes?
Read on for guidance about the current state of the electric vehicle tax credit, as well as other advice covering everything about life with EVs.
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?
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,
Will Tesla Benefit If The $7,500 EV Tax Credit Is Cancelled?
Tesla’s market share may rise as competitors face financial constraints. See why TSLA stock is positioned for potential growth despite increased competition.
Major power company calls EV tax credit ‘necessary’
Pedro Pizarro, president and CEO of Edison International, stands for a photo in Rosemead, California, on Oct. 11, 2023. Pizarro's company is the first major utility to state its support for EV subsidies since President-elect Donald Trump won the election. Jae C. Hong/AP
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
Opinion
Opinion: Ending the EV Tax Credit Would Be “Major Setback” for US Automakers
Trump’s proposal to eliminate the federal electric vehicle credit could have severe repercussions for the domestic auto industry.
Trump team reportedly looking to kill Biden's $7,500 EV tax credit
President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the Biden administration, Reuters reports.
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.
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.
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
Wedbush analysts, led by stalwart Tesla bull Dan Ives, said Trump cutting the $7,500 consumer tax credit for EVs would not be surprising, and that it would take a bigger toll on traditional car manufacturers than on Tesla.
Yahoo News
2h
Analysts: Trump may roll back EV tax credits, putting Tennessee industry on uncertain ground
The IRA also changed consumer electric vehicle
tax
credits to incentivize the industry to anchor in the United States; For ...
4d
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 ...
Colorado Public Radio
1d
Why now might be the best time to buy an EV in Colorado
The state EV tax credit shrinks next year. The federal tax credit might go away altogether. And dealers are offering ...
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