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Trump Plans to Eliminate EV Tax Credit
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
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.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
1d
How to save money with the Inflation Reduction Act before Trump is in charge
But President-elect Donald Trump has pledged to “ terminate ” the cash flowing to clean energy — and has targeted benefits ...
The Boston Globe
2d
How you can save money with the Inflation Reduction Act before Trump is in charge
Through the
Inflation
...
credit
would require an
act
of Congress, but a Trump administration could also change the ...
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