Reported 2 days ago
Tesla CEO Elon Musk appears to have shifted his stance on the importance of federal EV tax credits to the company's sales, expressing concern that losing the $7,500 credit could negatively impact the business. Historically, Musk suggested that the credit primarily hurt competitors, but recent reports indicate that he has lobbied to save these incentives, recognizing their significant role in consumer purchasing decisions. Experts believe that without the tax credit, Tesla may face a decline in interest, especially given the majority of Tesla purchases are financed through leases that benefit from the credit.
Source: YAHOO