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Trump, EV and Elon Musk
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 Is Likely to Kill the $7500 EV Tax Credit. Elon Musk Is OK With That.
Getting rid of the federal rebate could devastate the electric vehicle industry, but Tesla CEO Elon Musk doesn't mind. Here's why.
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.
1h
on MSN
Never mind slowing sales: 57% of drivers will likely have an EV in 10 years
Sales of electric vehicles (EVs) have slowed globally over the past few years. But should EV makers focus more and more to ...
10h
My Favorite Electric Vehicle (EV) Stock to Buy Before Nov. 30
Most car buyers still haven't heard of Rivian (NASDAQ: RIVN). Compared to a major EV maker like Tesla, Rivian still has a lot ...
21h
on MSN
Is the EV Tax Credit Going Away? What You Need to Know
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
2d
on MSN
EV adoption will skyrocket—take it from someone leading a battery tech startup after 17 years at GM
It became the first mass-produced extended-range EV—a vehicle with a big battery and backup gas engine allowing people to ...
1d
Why Elon Musk’s Plan to Reinvent EV Batteries Was Dissed by a Chinese Battery Leader
Inside Tesla a team has been feverishly working to reinvent the power cells that make EVs work. The founder of the world’s ...
4h
These Southern California startups are part of a growing epicenter of EV truck production
That investment in EV trucks has helped Southern California become an innovation incubator. Familiar trucking names also are ...
2d
on MSN
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 ...
3h
on MSN
Everything You Need to Know About Leasing an EV or PHEV
Even after a federal tax credit goes away, leasing might be the better deal for electric vehicles and plug-in hybrid carsThe ...
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Trump
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