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Trump, EV and Tesla
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,
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 wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
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.
6h
on MSN
Is the EV Tax Credit Going Away? What You Need to Know
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
Hosted on MSN
11h
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 ...
1d
on MSN
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 ...
WQRF Rockford on MSN
6h
Trump may end $7,500 EV tax credit: report
Reuters is reporting that President-elect Donald Trump’s transition team is weighing the elimination of the $7,500 tax credit ...
18h
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.
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