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

Trump’s transition team plans to cut Biden's EV Tax Credit
With an eye on tax reform, Trump’s team plans to eliminate a key $7,500 federal electric vehicle subsidy, potentially reshaping the U.S. EV market.
Trump administration reportedly plans to scrap EV tax credit
The proposed repeal is under discussion by a transition team led by oil magnate Harold Hamm and North Dakota Governor Doug Burgum.
Exclusive-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 tax-reform legislation, two sources with direct knowledge of the matter told Reuters.
Trump Administration Plans To Scrap $7,500 EV Tax Credit, Tesla Supports Move: Report
Although Tesla applauded the Trump administration's decision to eliminate the $7,500 consumer tax credit for electric vehicle purchases, it was criticized for perhaps making the US electric vehicle transition more difficult.
Make No Mistake: Killing The EV Tax Credit Hurts Tesla Too
When former President Donald Trump campaigned on a promise to end the $7,500 electric vehicle tax credit, many people pointed to his newfound close ties with Tesla CEO Elon Musk as proof that he wouldn't really act to deliberately harm America's nascent EV sector.
Trump team puts EV tax credit on the block, Tesla is on board: Report
Some electric vehicles and plug-in hybrids are set to get less affordable from next year, it seems. As expected, the incoming Trump administration has set its sights on killing off the IRS clean vehicle tax credit, according to a report in Reuters this afternoon.
EV makers slide on report Trump wants to scrap EV tax credit
Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, Reuters reported.
Trump looks to end EV credit, vaccine stocks fall on RFK JR. pick
Electric vehicle stocks Tesla (TSLA) and Rivian (RIVN) are in focus amid reports that President-elect Donald Trump plans to end the federal tax credit for electric vehicle purchases. The $7500 subsidy has been a key incentive driving consumer adoption of EVs in the US,
EV tax credit death could be first effect of Trump-Musk 'bromance'
Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and the president-elect.
Trump transition team planning to kill EV tax credit, Reuters says
President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric vehicle purchases, Jarrett
EV Stocks: Trump Killing the EV Tax Credit Might Worsen the Price War
No sector feared Donald Trump’s return to the White House more than green energy. Solar and electric vehicle (EV) shares have been sliding ever since Trump was selected as the 47th U.S. president. Tesla (TSLA),
Eliminating The Electric Vehicle Tax Credit Would Be A Huge Mistake
Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
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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Impact of Cancelling the U.S. Electric Vehicle Tax Credit
U.S. Energy Secretary Jennifer Granholm argues that cancelling the electric vehicle tax credit will harm U.S. competitiveness ...