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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 ...
While the elimination of the tax credit would hurt most sellers of EVs, Tesla is a likely exception, Ives said. ... Orange County resident Tina Thurm received the $7,500 tax credit when she ...
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 ...
The Biden administration had issued grants and extended tax credits with funding from the Inflation Reduction Act — much of which went to red states — aimed at bolstering the electric vehicle ...
Tesla stock closed 5.7% lower on Thursday after Reuters reported Trump's team has drawn up plans to eliminate the $7,500 tax credit for electric vehicle buyers as part of a broader tax reform.
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.
Tesla shares closed down 4% to $338.59 and fell another 1.2% in after hours trading. ... -Tesla's electric vehicles likely would not qualify for California's new state tax credits under a proposal ...