Trump, Tax Credit and Big Beautiful Bill
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Automakers are urging customers to snap up electric vehicles before a $7,500 U.S. tax credit goes away this fall.
Buyers interested in a Tesla EV or any EV sold in the US need to act fast if they want to secure a federal government tax credit.
John Roth, VP of global Cadillac, said during a July 10 media briefing that the company is capable of adjusting EV plans as the tax change looms.
A new child tax credit is coming, bringing changes that will alter how much assistance families receive and which families can receive it.
The projects will create 104 affordable units for residents earning 30-80% of Kent County’s area median income, with construction expected to begin next year.
But used EVs coming off of leases will continue to come onto the used car market.
First Solar's healthy balance sheet and strong FCF demonstrate its resilience, helping the stock navigate ongoing policy headwinds. Learn more on FSLR stock here.
The Clean Vehicle Credit, overhauled and extended through 2032 as part of the Inflation Reduction Act, will now end after Sept. 30 under President Donald Trump's "big beautiful" tax-and-spending package, meaning potential buyers have just a few months to act before the credit is discontinued.