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

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 ...

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 ...

Trump's transition team is looking to do away with the $7,500 tax credit for EV sales as part of broader tax legislation, ...

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