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Consumers are acting ahead of a fast-approaching Sept. 30 deadline to claim the tax break for electric vehicles.
Retail sentiment around Tesla turned bullish late Sunday after CEO Elon Musk underscored a Sept. 30 deadline for U.S.
Greenhouse gas emissions are regulated under the Clean Air Act today, and that protects industrial polluters from litigation.
A looming deadline to claim the $7,500 federal EV tax credit has sparked a buying frenzy, and Tesla is already reaping the ...
Automakers had hoped that Musk would support EV regulations and tax credits, but it appears the CEO is siding with Trump for ...
In the second half of this year, Europe has emerged as the key battleground for global automakers in the EV market. While EV ...
If Trump is elected, it’s not yet clear how much he’ll actually do to the EV industry; he failed to accomplish other campaign promises, from building a wall to repealing Obamacare.
Trump does not have the sole power to end the tax credit, anyway. The EV tax credit is part of the Inflation Reduction Act, passed by Congress in 2022. Changes would require an act of Congress.
On Monday, Trump also halted the distribution of federal funds for EV chargers. And he signaled that he will seek to cancel tax credits of up to $7,500 for people who buy new EVs and to revoke a ...
The Trump administration is hobbling free-world automakers in the race against China to electrify transportation. America's EV leader — California — can help.