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Trump Plans to Eliminate EV Tax Credit
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 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.
Trump Is Set to Kill Tesla’s EV Tax Credit. This Matters Way More.
With a second Trump administration taking shape, it is time for automotive investors, especially Tesla stockholders, to brush up on their acronyms. Knowing them—especially a key one—can help investors react to changing policies and protect their money.
5h
on MSN
Is the EV Tax Credit Going Away? What You Need to Know
On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...
17h
Rescinding US EV tax credit would cede ground to China, Granholm says
Cancelling the U.S. electric vehicle tax credit would be counterproductive and cede ground to car-makers in China, U.S.
Electrek
1d
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 – ...
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