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Trump Plans to Eliminate EV Tax Credit

Hosted on MSN · 19h

Trump may end the $7,500 EV tax credit. Elon Musk and Tesla would reap the rewards

The $7,500 tax credit for buyers of electric vehicles could be vanishing early in the new Trump administration, but that might actually be good news for Tesla and its CEO Elon Musk, one of President-elect Donald Trump’s most prominent backers.

The New York Times · 12h

Trump Wants to Kill the E.V. Tax Credit. Here’s What to Know.

President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American automakers.

Fox Business on MSN · 12h

Trump team reportedly looking to kill Biden's $7,500 EV tax credit

President-elect Trump's transition team is aiming to scrap the tax credit for purchasing electric vehicles enacted during the Biden administration, Reuters reports.

17h

Rivian Stock Is Down Again on Tax Credit Fears

An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German ...

CNET on MSN1d

What the 2024 Election Results Mean for the Child Tax Credit

Studies indicate that the 2021 temporary increase of the credit had a significant impact on childhood poverty. Columbia ...

19m

Netflix and other companies receive $9 million in tax credits. How do film tax credits work in Pennsylvania?

A breakdown of how Pennsylvania film tax credits work and the productions that receive them, including Shane Gillis' Netflix ...

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