Getting rid of the federal rebate could devastate the electric vehicle industry, but Tesla CEO Elon Musk doesn't mind. Here's why.

On the other hand, proponents of ending the tax credit, including some Republican lawmakers, argue that the market should ...

President-elect Donald J. Trump wants Congress to repeal a $7,500 electric vehicle tax credit. Doing so would hurt American ...

Trump promised he would restore the full value of the state and local tax deduction, or SALT, a popular break in high-tax ...

Energy Secretary Jennifer Granholm warned Friday that President-elect Trump’s reported plans to cut consumer subsidies for ...

The sweeping legislation made some changes permanent—like corporate tax cuts—but others are set to expire at the end of 2025.

A group representing major electric vehicle and battery manufacturers on Friday urged President-elect Donald Trump not to ...

The tax credit, which has awarded up to $7,500 to EV buyers, may go away under new presidential administration ...

An end to U.S. EV tax credits is unlikely to doom Rivian altogether. Its $5.8 billion deal to share technology with German ...

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