The electric-vehicle purchase tax credit makes buying Teslas and other EVs more affordable for most car buyers.

Tesla may stand to gain from the removal, but legacy automakers and emerging EV companies could be left struggling to stay ...

President-elect Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

President-elect Donald Trump's transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle ...

Elon Musk has said ending tax credits of up to $7,500 for electric vehicle purchases would "devastate" Tesla's competitors.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> ...

Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his ...

President-elect Trump plans to end $7,500 EV tax credit, benefiting Tesla but hurting competitors. Shares of major EV players ...

The U.S. government has a goal that federal vehicles will be zero-emission by 2035, and Tesla may have the inside track to ...

Trump campaigned on ending Biden's "EV mandate," without spelling out specific targeted policies. The energy-focused ...

Plans to eliminate the up to $7,500 consumer tax credit for plug-in vehicles is a sign of the partnership between Musk and ...