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Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
President-elect Donald Trump will reportedly cut the EV tax credit when he takes office in January, but contrary to popular belief, Wedbush analysts say the move could actually benefit Trump’s “first buddy,
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.
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Torque News
15m
Four People Needlessly Die In Tesla Fire: Learning EV Car’s Safety Features
Rob Enderle is a technology analyst covering automotive technology and battery developments at Torque News. You can learn ...
Electrek
59m
Tesla adds 3 months of free Supercharging and Full Self-Driving to its end-of-year deals
Tesla is adding new incentives to convince people to buy its vehicles by the end of the year: 3 months of free Supercharging ...
19h
on MSN
Why Tesla Stock Was Sliding Today
Additionally, the stock pulled back earlier in the session on the Cybertruck recall and as the boom from Trump's victory and ...
6h
on MSN
Elon Musk wants to cut government spending. Tesla and SpaceX benefit from it
Over the last 16 years, Musk's business deals with the government total nearly $20 billion, according to federal contracting ...
autoevolution
2h
Tesla Announces 800-Volt Superchargers, V4 Cabinets To Supply up to 1.2 MW for the Semi
Tesla announced that its V4 charging cabinets will allow Superchargers to supply up to 500 kW to a Cybertruck or 1.2 MW to a ...
46m
Tesla issues another Cybertruck recall, making 6th this year
The recall applies to 2,400 vehicles built between Nov. 6, 2023, to July 30, 2024. Tesla said it isn’t aware of any accidents ...
Motor Trend
2h
Proof the Tesla Cybertruck Is Way More Aerodynamic Than It Looks
The angled outboard sections of the bumper help direct air out and around the tires, as do the small front air deflectors at ...
6h
on MSN
Tesla's Chinese EV competitors are racing to build their own Optimus rivals
EV startup Xpeng unveiled its Iron robot this month, a nearly 6-foot tall robot that the company said was already working in ...
17h
on MSN
Tesla, financials and other 'Trump trades' drew funds in Q3, filings show
By Carolina Mandl NEW YORK (Reuters) -Hedge funds piled into bets on financial stocks, Tesla shares and a prison operator in ...
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