President-elect Donald Trump's team is formulating plans to eliminate the $7,500 tax incentive for electric vehicle buyers.

Tesla CEO Elon Musk, one of Trump's biggest backers and the world's richest person, said in July that killing the subsidy ...

Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused ...

Shares of electric vehicle companies including Tesla fell Thursday after a report that the incoming Trump administration hopes to end $7,500 consumer tax credits on the purchase of EVs. Tesla shares ...

Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his ...

Tesla CEO Elon Musk stated that while removing the tax credit could slightly impact Tesla’s sales, it would likely affect ...

Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...

Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax ...

As Lucid continues to roll out the Air, its first-ever model, the upstart EV automaker prepares to launch the Gravity SUV and ...

Repealing the subsidy - a major component of President Joe Biden’s Inflation Reduction Act - would deal a significant blow to ...

Tesla Inc. shares (TSLA) also headed south, but to a lesser degree, as Tesla is seen as less dependent on the $7,500 tax credits than competitors - and is also expected to benefit from the new ...