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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 ...
Wedbush analysts, led by stalwart Tesla bull Dan Ives, said Trump cutting the $7,500 consumer tax credit for EVs would not be surprising, and that it would take a bigger toll on traditional car ...
Elon Musk, who has expressed support for ending the federal tax credit, said in an X post it was "insane" for the California proposal exclude Tesla. The federal electric-vehicle tax credit, which ...
Here's what his supporter Tesla CEO Elon Musk thinks of it. ... There’s a ‘real risk’ Trump could axe the $7,500 electric vehicle tax credit in 2025 — 3 reasons to act now.
Take my tax credit, please: Elon Musk, also Tesla's chief, talks with President-elect Donald Trump before the launch of the sixth test flight of the SpaceX Starship rocket Tuesday, Nov. 19, 2024 ...
Additionally, Tesla's most affordable vehicle, the Model 3, benefits from the $7,500 tax credit applied to some new EV purchases under the Inflation Reduction Act. Tesla shares rebounded slightly ...
Newsom’s office announced Monday that it plans to relaunch California’s subsidy of up to $7,500 in tax credits for buyers of electric vehicles if Trump cuts the same EV federal tax credit, as ...
Tesla disclosed in December its Model 3 Rear-Wheel Drive and Long Range vehicles would lose federal tax credits starting Jan. 1. The Model 3 Performance retains the $7,500 credit.