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EV, Tesla
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Tesla supports killing $7,500 EV tax credit – going directly against its mission
Tesla reportedly supports the Trump administration’s plan to kill the $7,500 federal tax credit for electric vehicles – something
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
The $7,500 EV tax credit is on Trump’s chopping block
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act. Now, it seems President-elect
EV Tax Credit: Why Elon Musk, Tesla Are Supporting Donald Trump's $7,500 Plan
Tesla, led by Elon Musk, supports Donald Trump’s plan to eliminate Biden's EV tax credit. Musk noted this change would impact Tesla less than its competitors, potentially reducing competition in the EV market.
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax reform legislation, Reuters reported.
Why Musk supports Trump getting rid of EV tax credits
Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.
EV shocker: Tesla, GM and Ford may all benefit if the EV tax credit is pulled
President-elect Trump plans to end $7,500 EV tax credit, benefiting Tesla but hurting competitors. Shares of major EV players decline.
38m
on MSN
Tesla Stock Drops As Investors Fret Over Subsidies. You Should Have Known.
Thursday, Jefferies analyst Philippe Houchois raised his price target on Tesla stock to $300 from $195 but kept his Hold ...
20m
on MSN
Why Tesla Stock Was Sliding Today
Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...
45m
Musk gains vast new EV power — and scrutiny
One sign of Musk’s new influence over the trajectory of EVs was apparent Wednesday. Auto consulting firms contacted for this ...
Cars
10h
We Charged Our 2024 Kia EV9 at a Tesla Supercharger; Here’s How It Went
We recently charged our all-electric long-term Kia EV9 at a Tesla Supercharger and came away feeling we’ll stick to much ...
DMR News (English) on MSN
6h
Tesla’s Cybertruck Hits Sixth Recall in a Year for Faulty Inverters
Tesla’s Cybertruck is facing yet another setback. The automaker just issued its sixth recall for the steel-bodied pickup, ...
2h
4 dead after Tesla bursts into flames, doors won’t open in Toronto crash
Four individuals of Indian descent were killed after a Tesla Model Y EV burst into flames following a crash in Toronto last ...
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