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Trump's Plan To End $7,500 EV Tax Credits Could Be 'Devastating' For Telsa Rivals, Poll Says Could Be Bullish For Elon Musk's Company
Tuesday, January 21, 2025 - 7:03pm | 958An executive order signed by President Donald Trump put an emphasis on ending electric vehicle plans put in place by former President Joe Biden and could put an end to the $7,500 tax credits that helped boost the sector. What Happened: One of Trump's first tasks since becoming president was to sign...
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EV Lease Nearly Free With $0 Down, $0 Month Offer In This State
Thursday, December 19, 2024 - 8:13pm | 460Residents in one state could lease a new vehicle with a $0 down and $0 a month offer before taxes, in a move that could increase electric vehicle adoption. What Happened: With concerns that electric vehicle regulatory credits could disappear under President-elect Donald Trump, residents in the...
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Energy Department Confirms All Tesla Model 3 Variants Qualify For $7,500 EV Tax Credit
Wednesday, June 7, 2023 - 12:12am | 496All versions of EV giant Tesla Inc‘s (NASDAQ:TSLA) Model 3 is now eligible for an EV tax credit of $7,500, the U.S. Department of Energy confirmed on Tuesday. What Happened: After the U.S. treasury department issued fresh guidance on battery sourcing in March, Model 3’s Rear-Wheel Drive...
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Rivian And Volkswagen ID.4 Owners: Your EVs Are Now Eligible For Federal Tax Credits
Thursday, April 20, 2023 - 5:47am | 606Rivian Automotive, Inc. (NASDAQ:RIVN) has scored a partial victory as the electric vehicle maker's R1T EV pickup truck and RIS SUV have now become eligible for availing half of the $7,500 EV tax credit. Volkswagen‘s (OTC:VWAGY) ID.4 models have now been made eligible for the complete tax...