What’s Happening With Trump, Elon, Tesla, and the EV Tax Credit?
There's a lot of chatter about the President-elect's plans to eliminate the electric vehicle tax credit. Here's what you need to know.
Make No Mistake: Killing The EV Tax Credit Hurts Tesla Too
When former President Donald Trump campaigned on a promise to end the $7,500 electric vehicle tax credit, many people pointed to his newfound close ties with Tesla CEO Elon Musk as proof that he wouldn't really act to deliberately harm America's nascent EV sector.
Tesla Stock Rebounds. Wall Street Is Weighing EV Tax Credit Changes.
Tesla stock was up in early trading Friday, rebounding from a steep drop on Thursday after Reuters reported that President-elect Donald Trump plans to reduce or eliminate the electric-vehicle purchase tax credit,
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,
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.
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.
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.
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
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.
Inside EVs4mon
Which Teslas Qualify For The EV Tax Credit In 2024?
Some EVs only qualify for half of that amount, but anybody receiving a tax credit for a Tesla will get the full $7,500. Here's every currently available Tesla that you can get a tax credit for ...
Autoblog9y
Tesla Model X qualifies for $25,000 tax break
Whoa, heavy, man. The 5,441-pound Tesla Model X will be eligible for a massive $25,000-tax deduction from the IRS, if you own your own business. To qualify for a Section 179 tax break, the IRS ...
Forbes5d
That $7,500 Tax Credit On A Tesla Model Y Could Go Away
The Tesla Model Y is the best selling EV in the U.S., making it one of the most impacted vehicles if the $7,500 federal tax credit is changed or eliminated. But any EV currently eligible for the ...
Yahoo Finance6d
Tesla launches Cybertruck leasing as EV tax credit could be under threat
These three limitations affect federal EV tax credit eligibility for purchases and financing. Hence Tesla is able to offer a $999/month lease with 10,000 miles. But that tax credit available for ...
Autoblog10y
California grants Tesla $34.7 million tax break to boost production
Tesla Motors' plans to expand just got a big boost, as the state of California has announced it will give the Palo Alto-based company a $34.7 million tax break to increase its production capacity.
Forbes1y
Tesla Cuts Prices To Compete For EV Sales And Tax Incentives — Will The Discounts Be Enough To Spur Lagging Sales?
Tesla announced U.S. price cuts to all its models, ranging from $3,000 to $11,000. There are multiple reasons for the cuts, including slowing sales, an EV tax credit and more competition.