Trump's Plan to End EV Tax Credit

President-elect Donald Trump and his transition team are reportedly planning to end the $7,500 EV tax credit. This news has caused Tesla and other EV stocks to drop. However, analysts believe that Tesla may actually benefit from the discontinuation of the tax credit in the long run, as it will enable them to further fend off competition from Detroit. They also believe that Trump could launch other incentives and programs to support U.S. built EVs, in which Tesla and Elon Musk may have a significant role. Overall, the analysts recommend buying Tesla shares despite the initial sell-off.

Latest News

2024-11-15
Trump Is Set to Kill Tesla's EV Tax Credit. This Matters Way More. -- Barrons.com
Trump Is Set to Kill Tesla's EV Tax Credit. This Matters Way More. -- Barrons.com
2024-11-15
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
2024-11-15
Stock Track | Rivian Automotive, Inc. Plummets 5.04% Intraday as EV Tax Credit Elimination Looms
Stock Track | Rivian Automotive, Inc. Plummets 5.04% Intraday as EV Tax Credit Elimination Looms
2024-11-15
Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
2024-11-15
特朗普被曝要废除电动汽车税收抵免,对特斯拉是“重大利好”?
特朗普被曝要废除电动汽车税收抵免,对特斯拉是“重大利好”?
2024-11-15
异动解读 | 特斯拉盘前大跌5.05%,或因消息传特朗普计划取消电动车税收优惠政策
异动解读 | 特斯拉盘前大跌5.05%,或因消息传特朗普计划取消电动车税收优惠政策
2024-11-15
Stock Track | Direxion TSLA Bull 2X ETF Plunges 5% as Trump Plan to End EV Tax Credit Spooks Investors
Stock Track | Direxion TSLA Bull 2X ETF Plunges 5% as Trump Plan to End EV Tax Credit Spooks Investors
2024-11-15
BUZZ-South Korean EV battery stocks plunge as Trump's plan to kill EV tax credit weighs
BUZZ-South Korean EV battery stocks plunge as Trump's plan to kill EV tax credit weighs
2024-11-14
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
2024-11-14
Tesla Seen as Winner on Potential End of Tax Credit for EVs -- Market Talk
Tesla Seen as Winner on Potential End of Tax Credit for EVs -- Market Talk
2024-11-14
电动汽车股大跌!报道称特朗普团队拟取消7500美元电动汽车税收抵免
电动汽车股大跌!报道称特朗普团队拟取消7500美元电动汽车税收抵免
2024-11-14
Tesla and Rivian shares were having a good week - until concerns over EV credits
Tesla and Rivian shares were having a good week - until concerns over EV credits
2024-11-14
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
2024-11-14
Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried?
Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried?
2024-11-14
Tesla, Rivian drop on report Trump wants to end EV credit
Tesla, Rivian drop on report Trump wants to end EV credit
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