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Trump Plans to Repeal $7,500 EV Tax Credit

Hosted on MSN · 2h

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.

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.

Dallas Morning News · 29m

Trump’s transition team aims to kill Biden EV tax credit

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader

Lucid (LCID) CEO claims EV maker is ‘most immune’ if Trump cuts the tax credit

If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump ...

8h

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.

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