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Billionaire Elon Musk is fighting to make sure federal tax incentives for electric vehicles (EVs) -- a key subsidy that makes buying EVs more affordable -- remain in place. President Donald Trump's ...
"Elon is upset because we took the EV mandate ... which was a lot of money for electric vehicles," Trump said Thursday in the ...
Following the House of Representatives, the US Senate has now also cleared the way for the abolition of the e-car tax credit sought by Republicans. The ...
Tesla saw its stock price plummet by 14% on June 5, evaporating approximately 150 billion USD in market capitalization within ...
Trump responded swiftly to Musk’s criticism, threatening to cancel all government contracts and subsidies ... of the $7,500 EV tax credit poses immediate concerns for Tesla’s sales trajectory.
As political tensions escalate, former President Donald Trump threatens to cut federal contracts and subsidies to Elon Musk’s ...
Elon Musk's criticism of President Trump's tax legislation has impacted Tesla's stock, dropping 3% amid investor concerns.
The Tesla CEO has spent months alienating EV buyers. Now, his company stands to lose federal support and contracts from an angry Republican president.
Brinkman said any material benefit from Tesla's autonomous robotaxi business was years away, while the headwind from EV subsidy removal would most likely hit the automaker in 2025 and 2026.
President Donald Trump's "Big Beautiful Bill" could significantly affect Tesla's future profits while also benefiting xAI.