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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.
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.
On Tesla’s second-quarter earnings call in July, Musk said eliminating the EV tax credit would have a slight impact on Tesla, but added that it would be “devastating” for the competition ...
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 ...
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 ...
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 ...
(The Center Square) - California Gov. Gavin Newsom said if President-elect Donald Trump ends the $7,500 electric vehicle rebate program, he’ll get Californians to pay for new credits. However ...
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 ...