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 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.
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
The electric-vehicle purchase tax credit makes buying Teslas and other EVs more affordable for most car buyers.
U.S. Energy Secretary Jennifer Granholm argues that cancelling the electric vehicle tax credit will harm U.S. competitiveness ...
The election of Donald Trump has stoked optimism on Wall Street, where his business-friendly agenda is expected to juice ...
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