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.
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.
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 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
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's transition team aims to kill Biden EV tax credit, sources say
Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused transition team has determined some of Biden's clean-energy policies will be tough to end because they are popular and already funneling money to Republican-dominated states, the sources said.
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.
Tesla Puts Incentives On Blast As Tax Credit Comes Under Threat
Tesla is making it clear that the tax credit is critical to Model Y and Model 3 pricing. The price with the incentive is now ...
Colorado Public Radio1d
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 ...