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Trump Pulls Tesla’s Support, Shares Plunge as Musk Faces Tough Reckoning

Summary by The Rio Times
Tesla’s world changed overnight when President Donald Trump signed a law ending years of U.S. government support for electric vehicles. This move erased the $7,500 federal tax credit that helped many Americans afford Teslas and cut off the rules that once allowed Tesla to make big money selling emission credits to other automakers. As a […]

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The Rio TimesThe Rio Times
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Trump Pulls Tesla’s Support, Shares Plunge as Musk Faces Tough Reckoning

Tesla’s world changed overnight when President Donald Trump signed a law ending years of U.S. government support for electric vehicles. This move erased the $7,500 federal tax credit that helped many Americans afford Teslas and cut off the rules that once allowed Tesla to make big money selling emission credits to other automakers. As a […]

·Brazil
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The Rio Times broke the news in Brazil on Thursday, July 24, 2025.
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