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EV, Trump
Thinking About Getting an EV Before the Tax Credit Changes?
Read on for guidance about the current state of the electric vehicle tax credit, as well as other advice covering everything about life with EVs.
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.
Trump Is Likely to Kill the $7500 EV Tax Credit. Elon Musk Is OK With That.
Getting rid of the federal rebate could devastate the electric vehicle industry, but Tesla CEO Elon Musk doesn't mind. Here's why.
Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards
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 President-elect Donald Trump’s most prominent backers.
Will Tesla Benefit If The $7,500 EV Tax Credit Is Cancelled?
Tesla’s market share may rise as competitors face financial constraints. See why TSLA stock is positioned for potential growth despite increased competition.
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 (IRA). Now, it seems
Opinion
Opinion: Ending the EV Tax Credit Would Be “Major Setback” for US Automakers
Trump’s proposal to eliminate the federal electric vehicle credit could have severe repercussions for the domestic auto industry.
Major power company calls EV tax credit ‘necessary’
Pedro Pizarro, president and CEO of Edison International, stands for a photo in Rosemead, California, on Oct. 11, 2023. Pizarro's company is the first major utility to state its support for EV subsidies since President-elect Donald Trump won the election. Jae C. Hong/AP
Trump team reportedly looking to kill Biden's $7,500 EV tax credit
President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the Biden administration, Reuters reports.
US-built 2025 Kia EV9 qualifies for $3,750 EV tax credit
The EV9 will qualify for half of the $7,500 EV tax credit in 2025 but it's unclear if it will ever qualify for the full amount.
Trump Plans to Repeal $7,500 EV Tax Credit: Here's How He Could Do It
With a Republican-controlled Congress, there is 'definitely a path to repeal,' sources tell PCMag. But that could threaten jobs at EV manufacturing plants in red states.
Yahoo News
4h
Analysts: Trump may roll back EV tax credits, putting Tennessee industry on uncertain ground
The IRA also changed consumer electric vehicle
tax
credits to incentivize the industry to anchor in the United States; For ...
4d
Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
Colorado Public Radio
1d
Why now might be the best time to buy an EV in Colorado
The state EV tax credit shrinks next year. The federal tax credit might go away altogether. And dealers are offering ...
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