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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 ...
The Tesla CEO said on an earnings call in July that ending the federal tax credit might benefit the company. "I think it would be devastating for our competitors and for Tesla slightly," Musk said.
Newsom’s office has not yet confirmed that Tesla would be carved out from the program. California Gov. Gavin Newsom’s possible plan to cut Tesla buyers out of new EV tax credits is driving ...
Newsom said on Monday that if Trump eliminates a federal EV tax credit, he will propose creating a new version of the state’s Clean Vehicle Rebate Program that ended in 2023 and spent $1.49 ...
Last month, California Gov. Gavin Newsom (D) announced that he would create a new version of the state’s Clean Vehicle Rebate Program if President-elect Trump eliminates federal tax credits for ...
California Gov. Gavin Newsom may exclude Tesla and other automakers from an EV rebate program if the incoming Trump administration scraps a federal tax credit for EV purchases.
Tesla (NASDAQ: TSLA) has been the biggest beneficiary of the $7,500 electric vehicle tax credit, but it may be on life support in the next administration. In this video, Travis Hoium shows just ...