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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.
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 ...
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 ...
Researchers found 186 bot accounts on Twitter that have consistently published positive sentiments about Tesla, which they say "may have buffered the Tesla narrative from an emergent group of critics, relieved downward pressure on the Tesla stock price and amplified pro-Tesla sentiment from the time of the firm's IPO in June 2010 to the end of ...
For example, the buyer of a Tesla Roadster, a fully electric vehicle, will receive a much larger tax credit than the buyer of a standard hybrid, which will pollute much more during its lifespan. [9] The federal government now lists models that are pre-approved to receive a tax credit; some other models may qualify on an ad hoc basis.
Tesla shares closed down 4% to $338.59 and fell another 1.2% in after hours trading. Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters ...
Elon Musk's role and actions within the US federal government, and the actions of the Department of Government Efficiency (DOGE) which is informally headed by Musk, have faced criticism, protests and other forms of opposition from Democrats, left-leaning groups and some Republicans claiming that DOGE is unaccountable, unconstitutional and is a conflict of interest.