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.
President-elect Trump wants to eliminate the $7,500 tax credit on electric vehicles, which would hurt Tesla the most.
Los Angeles Times on MSN15h
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