South Korean battery stocks plunged on Friday on reports that President-elect Donald Trump's transition team plans to scrap the $7,500 tax credit for EV purchases as part of broader tax legislation.
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
The electric-vehicle purchase tax credit makes buying Teslas and other electric vehicles more affordable for most car buyers.
President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the ...
President-elect Donald Trump. Photos: Getty Images.
President-elect Trump's plan to eliminate the $7,500 EV tax credit, supported by Tesla, sends shockwaves through the auto ...
The once-and-future POTUS is looking to fulfill his campaign promises, according to a new report.
Teslas have more margins built into them and are profitable, which gives the automaker some cushion. Legacy automakers like ...
Substantial incentives for everyday Americans are available right now. The legislation, which gave us these great ways to ...
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 ...
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.