Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian Automotive Inc. shares dropped 12% on Thursday, their worst day in months, on heightened concerns the Trump administration is readying a plan to axe EV tax credits. Tesla Inc. shares also headed south, but to a lesser degree, as Tesla is seen as ...
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
Trump Transition Team Aims To Gut The $7,500 EV Tax Credit: Report
Former and future President Donald Trump isn't in office yet, but his transition team is already taking aim at a cornerstone of American EV policy. If Trump gets his way, the longstanding $7,500 EV tax credit is getting axed, a new report indicated today based on statements from transition team sources.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Tesla supports killing $7,500 EV tax credit – going directly against its mission
Tesla reportedly supports the Trump administration’s plan to kill the $7,500 federal tax credit for electric vehicles – something
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Trump Reportedly Wants To Kill $7,500 EV Tax Credit, And Tesla Might Be Cool With It
A new report suggests that President Trump will attempt to scrap the $7,500 EV tax credit when he returns to the White House next year. Tesla is said to back the move, with its CEO, Elon Musk, being a huge Trump supporter.
I sat inside an Afeela and I am so ready for this Sony Honda Mobility EV future
Afeela is a joint project between Sony and Honda, and company reps insist that it's a 50-50 endeavor. Honda did not simply ...
PLANetizen2d
The Future of Electric Vehicles Under Trump
Although Trump has promised to “end the electric vehicle mandate on day one” of his presidency, his close relationship with ...
Electrek7h
Kia is teasing a new EV model for the US: Here’s what to expect
At least one new Kia EV model will be revealed at next week’s LA Auto Show. Kia is teasing the new EV ahead of the event, ...
East Idaho News on MSN1d
Charging ahead: INL powering the future of electric vehicle batteries and infrastructure
Sleek cars that drive themselves, rev silently and accelerate like a dream — after taking a test drive in a Tesla Model Y, it ...
IndustryWeek1d
Luxury EV Market: Lucid Motors vs Faraday Future
Lucid has built a solid customer base, as evidenced by its recent third-quarter report: a 90% increase in deliveries ...
What Trump Means for the Future of Heat Pump and EV Incentives
The president-elect has threatened to rescind the Inflation Reduction Act, but that may prove politically and legally ...
Electrek2d
Rivian (RIVN) and Volkswagen officially launch their new EV business partnership
Rivian (RIVN) and Volkswagen, an upcoming EV startup and one of the world’s largest automakers, are teaming up to ...
Motor Trend on MSN9h
The InEVitable Podcast Episode 100: Nissan’s Electrified Future
MotorTrend’s Ed Loh and Jonny Lieberman talk Nissan’s EV future with two of the people transforming it, Nissan execs Jonathan ...
Faraday Future’s FX Subsidiary Names Xiao (Max) Ma Global CEO of Faraday X
Faraday Future Intelligent Electric Inc. (FF), a Los Angeles-based global shared intelligent electric mobility ecosystem ...