When will Trump and congressional Republicans end the $7,500 EV tax credit? One estimate says Jan. 1, 2026.
It could be the end of the road soon for a key tax credit that provides up to $7,500 to buyers of electric vehicles — and one forecasting firm is offering an estimate for when it might run out.
Gavin Newsom threatens intervention if Trump kills Biden's $7.5K EV tax credit
Gov. Gavin Newsom revealed that he would offer Californians a $7,500 tax credit for electric vehicles if President-elect Trump gets rid of the rebate.
Will Trump’s plan to kill the EV tax credit help China?
As the incoming Trump administration prepares to make aggressive cuts to government spending, one major provision of the landmark Inflation Reduction Act appears to be on the chopping block: the consumer tax credit for purchasing an electric vehicle.
Get the Facts: Would Tesla be excluded from California's EV tax credit and is it politically motivated?
This idea needs approval from the legislature and the governor's office noted many details are still in the works
California to offer EV rebates if Trump kills $7,500 tax credit, Newsom says
California is prepared to offer state tax rebates for electric vehicle purchases if the incoming Trump administration scuttles the federal EV tax credit, the governor said.
Tesla would likely be excluded from new California EV tax credits, Newsom's office says
Trump's transition team is considering eliminating the federal tax credit of $7,500 for EV purchases, Reuters reported this month.
Elon Musk erupts over California plan that could cut Tesla from EV tax credit
Trump’s new government efficiency maven said just this summer that all subsidies for electric vehicles should be cut
Newsom vows to restore California's EV rebate if Trump ends federal credit program
California's rebate program for zero-emission vehicles might be coming back after it was phased out last year if President-elect Donald Trump and Congress look to repeal the federal tax credit for those who buy new electric vehicles.
Newsom says California will offer EV rebate if Trump cuts $7,500 credit, but Tesla may be left out
Governor Gavin Newsom has announced plans to revive California's electric vehicle (EV) rebate program if the incoming Trump administration eliminates the federal $7,500 EV tax credit. The move would position California as a safety net for clean energy consumers,
Newsom's proposed EV rebate under fire, as Tesla may not qualify
Governor Gavin Newsom is promising to continue the electric vehicle rebate program in California, but his new proposal could exclude Tesla through a market share cap.
Elon Is Surely Steaming: California’s EV Tax Break Move Set To Sting Tesla
Douglas McIntyre discusses California’s Governor Gavin Newsom’s plan to maintain a $7,500 EV tax credit if the Trump administration eliminates it. However, Newsom aims to exclude Tesla, which dominates the EV market,
IRS Issues Tax Credit Advice for 2025
Officials have offered advice on how low- and moderate-income taxpayers can save for retirement and potentially earn a tax ...
Donald Trump’s EV tax credit takeback could undermine Panasonic’s DeSoto plant | Opinion
The president-elect may rescind the $7,500 federal tax credit for electric vehicles, impacting sales. | Opinion ...
Hollywood Legislators Still Confident in Tax Credit Expansion Despite Caution Over California Budget
California's legislative analyst warns that big deficits could return in Hollywood with Donald Trump back in the White House.
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Trump is set to end the EV tax credit. Here are 7 electric cars to buy before it goes away
His team has already started plotting out his anti-EV moves. Trump’s transition team is reportedly planning to get rid of the ...
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Which States Offer a Child Tax Credit?
Numerous states offer their own version of the child tax credit, but the values of these credits and the standards to qualify ...
What Is the Federal Energy Tax Credit: Benefits and Eligibility
Federal energy tax credits can lower your tax bill if you make investments in clean energy technology. Find out what ...
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Toyota breaks with rival automakers, urges changes to EV tax credit
The company said it's proposing revisions to make zero- and lower-emission cars more affordable at a time when EV adoption is ...
The death of the EV tax credit could stifle EV demand and increase gas consumption
The upcoming administration's desire to slow electric vehicle adoption could in turn increase the already astronomical amount ...