Donald Trump’s second administration plans to act on the president-elect’s campaign promise to end President Joe Biden’s EV tax credit that has benefited Tesla.
Two sources with direct knowledge of the matter said members of Trump’s transition team intend to kill the $7,500 consumer tax credit for electric vehicle purchases as part of broader tax reform legislation, Reuters reported Thursday. It’s a policy that has benefited Elon Musk, Tesla’s CEO and Trump’s newly appointed head of the […]
Elon Musk wants to cut government spending. Tesla and SpaceX benefit from it – USA Today