Future of EV Tax Credits Under Trump: A Closer Look

Reported 3 days ago

As President-elect Donald Trump prepares for his second term, there is growing speculation about the future of electric vehicle (EV) tax credits. Discussions center around whether Trump's relationship with Tesla CEO Elon Musk will influence the continuity of these credits, as it may affect both environmental policies and support for new EV startups. Historical context is provided by senior columnist Rick Newman, who highlights the irony of how initial tax incentives played a crucial role in establishing Tesla's dominance in the EV market, suggesting that the company may now be less reliant on such credits.

Source: YAHOO

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