GOP Wants EV Tax Credit Gone; It Would Be a Disaster for Tesla

Trump megabill axes $7,500 EV tax credit after September

Senate Republicans passed a multitrillion-dollar bill Tuesday that eliminates tax breaks for consumers who buy or lease electric vehicles.

GOP wants EV tax credit gone; it would be a disaster for Tesla

In response, Trump is threatening Tesla’s subsidies again.

Tesla and other EV makers may have to say goodbye to $7,500 EV credit sooner than expected

That’s bad news for Tesla, whose CEO Elon Musk who called the latest version of Trump’s “big beautiful bill” “utterly insane and destructive.”...

Tesla UK sales see 14% year-over-year rebound in June: SMMT

Tesla has gotten off to a slow start in 2025, as the first half of the year has not been one to remember from a delivery perspective. However, Q3 could end up being one of the best the company has had in history, with the United States potentially being a major contributor to what might reverse a slow start to the year. Earlier today, the United States’ House of Representatives officially passed President Trump’s “Big Beautiful Bill,” after it m…

Do EV Tax Credits Still Make Sense? Many Dealers Say It’s Time to Move On

Charging stations, grid capacity are among the true barriers to entry, dealers tell WardsAuto.

Senate considers ditching the EV tax credit even earlier than planned - TPR: The Public's Radio

As the Senate debates the giant tax and spending bill, lawmakers are weighing a Sept. 30 end date for the EV tax credits. The bill still needs to pass the Senate and then go through reconciliation. The post Senate considers ditching the EV tax credit even earlier than planned appeared first on TPR: The Public's Radio.