Trump May End the $7,500 EV Tax Credit: A Win for Tesla and Elon Musk
The $7,500 federal tax credit for electric vehicle (EV) buyers may soon be eliminated under President-elect Donald Trump’s administration. Surprisingly, this move could benefit Tesla and its CEO, Elon Musk, despite potentially raising costs for Tesla’s American customers. Why Tesla Stands to Gain Although the tax credit directly benefits consumers rather than automakers, it plays […]
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