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.
Currently, buyers of a new EV get a $7,500 tax credit and $4,000 for a used model, but that all could change in 2025. Here's ...
South Korean car maker Kia expects challenging market conditions in the near term due in part to governments' policies but ...
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