Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...
President-elect Trump will likely ax the EV tax credit, a proviso of the Inflation Reduction Act, upon taking office in ...
In a surprising development, Tesla is backing Trump's plan to eliminate the $7,500 tax credit for new EV purchases.
Tesla stock is up 37% in volatile post-election trading as Wall Street digests a complicated web of Trump policies which may impact the Musk-led electric vehicle company.