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Trump Plans to Eliminate EV Tax Credit
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Trump’s transition team has been discussing ending the $7,
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
Tesla, Rivian, and Lucid stocks are fallling as Trump plans to kill Biden's EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
3h
Tesla, Rivian Drop on Report Trump Wants to End EV Credit
US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key ...
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11h
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Rivian
Automotive Inc. shares dropped 12% on Thursday ... have swirled since Trump emerged as the victor of the Nov. 5 ...
4d
That $7,500 Tax Credit On A Tesla Model Y Could Go Away
The Tesla Model Y is a big beneficiary of the $7,500 federal tax credit. But it may be changed or eliminated. Consumers may ...
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