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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.
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 ...
Tesla, for instance, noted on a banner on its website that while customers who take delivery of a qualified new Tesla and meet all federal requirements are eligible for a tax credit up to $7,500 ...
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 ...
The rules are already being felt weeks before the new year. Tesla noted on its website that its cheapest Model 3 sedans won’t be eligible for the full $7,500.“All new Model 3 vehicles ...
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.