The EV tax credit: all the cars, rules, and updates
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Tesla reportedly supports canceling the $7,500 EV tax credit.
Unsurprisingly, President-elect Donald Trump plans to end the federal incentive, which encouraged Americans to buy EVs like Teslas for years. Now, Reuters is reporting Tesla is for it:
representatives of Tesla - by far the nation’s largest EV seller - have told a Trump-transition committee they support ending the subsidy
Meanwhile, Trump has tasked Tesla CEO Elon Musk with cutting “wasteful expenditures” in the new administration.
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