If Trump kills the EV tax credit, what happens if you buy an EV in early 2025?
At this point, many buyers are taking advantage of the credits at dealerships when they buy a car. In the past, they had to wait to claim it on their taxes the following year. Now, there’s the option of transferring their credit to the dealer and getting an instant rebate.
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act ...
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Trump may end $7,500 EV tax credit: reportReuters is reporting that President-elect Donald Trump’s transition team is weighing the elimination of the $7,500 tax credit ...
With an eye on tax reform, Trump’s team plans to eliminate a key $7,500 federal electric vehicle subsidy, potentially ...
If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts ...
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
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