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$7,500 EV tax credit is on Trump’s chopping block
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Trump’s transition team has been discussing ending the $7,
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
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
6h
Tesla, Rivian Drop on Report Trump Wants to End EV Credit
US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key ...
5d
That $7,500 Tax Credit On A Tesla Model Y Could Go Away
The Tesla Model Y is a big beneficiary of the $7,500 federal tax credit. But it may be changed or eliminated. Consumers may ...
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