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Trump Plans to Eliminate EV Tax Credit

Fox Business on MSN · 19m

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.

Barron's on MSN · 18m

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.

CNN on MSN · 2h

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.

1hon MSN

Granholm warns that cutting EV tax credits would be ‘ceding’ to China

Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...

Lucid (LCID) CEO claims EV maker is ‘most immune’ if Trump cuts the tax credit

If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts ...

10h

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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