Citing two people familiar with the matter, Reuters is reporting that Trump’s transition team is aiming to kill the EV tax ...

US auto stocks and Asian battery makers fell after Reuters reported President-elect Donald Trump plans to eliminate a key ...

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

US President-elect Donald Trump's transition team is aiming to end a tax credit for electric vehicle (EV) purchases, a key ...

The federal tax incentives were part of the Inflation Reduction Act, which was passed by the Biden Administration. According ...

The Biden administration gave new EV buyers in the U.S. a $7,500 tax credit with every purchase of a qualified electric ...

Time may be running out for Americans to capitalize on tax incentives created by the Biden administration's Inflation ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

Tesla shares fell Thursday after news broke that the incoming Trump administration will seek to remove EV tax credits.

Republicans have long opposed the $7,500 federal tax credit for electric vehicles contained in the Inflation Reduction Act ...

As sales of electric vehicles continue to grow in 2024, many new and prospective customers have questions about qualifying ...

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, ...