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EV, Tesla and Trump
Trump Reportedly Wants To Kill $7,500 EV Tax Credit, And Tesla Might Be Cool With It
Citing two people familiar with the matter, Reuters is reporting that Trump’s transition team is aiming to kill the EV tax credit as part of a larger tax reform program. Tesla is said to support the move and it’s clear CEO Elon Musk has Trump’s ear after backing him during the campaign.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
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.
electrive
1h
Trump probably wants to abolish subsidy for electric cars
US President-elect Donald Trump could get rid of the current tax credit of 7,500 dollars for electric cars as part of a more ...
1d
on MSN
What Trump's Presidency Could Mean for Tesla and Other Electric Vehicle Makers
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...
1d
What Trump 2.0 Means For The Auto Industry
Trump 2.0 and the Inflation Reduction Act (IRA): What’s Likely to Change Under the Trump administration, significant actions ...
8d
Trump Won. What Will Happen to Electric Vehicles?
Thanks to Elon Musk’s influence, the president-elect has waffled on the future of America’s electric transition.
3d
on MSN
What a second Trump term means for car prices and electric vehicles
Car shoppers who have held off on buying a vehicle due to affordability concerns are unlikely to see relief if ...
Futurism on MSN
14h
Back Before Their Bromance, Trump Said Musk Would Drop to His Knees and Beg
Although Donald Trump and Elon Musk have recently been acting like lifelong best friends, their relationship was hostile for ...
Houston Chronicle
13d
Where Donald Trump and Kamala Harris stand on electric vehicles
In December,
Trump
posted on his social media site Truth Social that supporters of
electric
vehicles, among others, ...
TopSpeed
1d
How President Trump's Policies Could Affect Your Next New Car Purchase
The shift in the White House will have an effect that trickles down into the auto industry - making some think twice before ...
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