$7,500 EV tax credit is on Trump’s chopping block

Why Musk supports Trump getting rid of EV tax credits
Tesla stands to benefit from any removal of consumer tax credits on electric vehicle purchases.The move could hurt competitors more, CEO Elon Musk said.Tesla makes a vast majority of EVs sold in the US,
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. Now, it seems President-elect
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.
Donald Trump Deals a Blow to EV Tax Credits
Good morning. Automakers slump amid Donald Trump’s plans to repeal an electric vehicle subsidy. ESG investing is entering rough seas. And a missing Patek Philippe owned by John Lennon is headed back to its rightful owner: Yoko Ono.
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 reform legislation, Reuters reported.
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.
Trump Is Reportedly Planning to Nix Federal EV Tax Credits
The federal tax incentives were part of the Inflation Reduction Act, which was passed by the Biden Administration. According to Reuters, two unnamed sources who are familiar with the plan claim that Trump's team aims to pass wider tax-reform legislation that will include nixing the federal subsidy for eligible EVs and plug-in hybrids.
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 and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Key Takeaways 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.Tesla told the Trump team that it supports ending the subsidy,
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.
Trump's transition team seeks to abrogate Biden's EV tax credit: Reuters
U.S. President-elect Donald Trump's transition team is aiming to end a tax credit for electric vehicle (EV) purchases, a key element of President Joe Biden's Inflation Reduction Act (IRA), as part of broader tax reform legislation,

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