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Trump, EV and tax credits

You’re running out of time to buy an EV before Trump’s big bill kills the $7,500 tax credit on electric vehicles

The $7,500 tax credit that car shoppers can use for new EV purchases is set to expire at the end of September, according to the tax and spending bill that passed the House of Representatives on Thursday.

GM Authority · 13h

Trump To Sign Budget Bill Today, Ending EV Tax Credits And Emissions Fines

Republicans got a big win with the One Big Beautiful Bill Act, set to be signed into law by President Donald Trump on Independence Day.

Ars Technica · 3d

GOP wants EV tax credit gone; it would be a disaster for Tesla

Yesterday, Musk once again took to his social media platform to denounce the budget bill, threatening to form a third political party should it pass and reposting content critical of the GOP spending plan.

Hosted on MSN3mon

Car buyers who had trouble with EV tax credits could get help from new fix - MSN

Some drivers who bought electric vehicles in 2024 have found it impossible to claim their EV tax credits now when filing their tax returns, thanks to a glitch. But this week, a new alert offers a ...

Mercury News7mon

Tesla excluded from EV buyer credits in Gov. Newsom’s proposal

Newsom on Monday unveiled plans to offer rebates to EV buyers if US President-elect Donald Trump repeals a federal subsidy. A program California phased out in 2023 could be rebooted in lieu of the ...

AOL3mon

Some EV tax credits risk being rejected by IRS on 2024 returns for long list of reasons - AOL

In some cases where tax returns claiming EV tax credits are rejected, some auto dealers may have failed to adjust for the new reporting requirements that kicked off Jan. 1, 2024, according to Mark ...

USA Today3mon

Claiming 2024 EV vehicle tax credit: Mistakes to avoid - USA TODAY

CNN29d

Why Tesla now needs the EV tax credit that Musk once said should go away | CNN Business - CNN International

Why Tesla now needs the EV tax credit that Musk once said should go away By Chris Isidore, ... But Tesla’s sales took a nosedive this year, and it needs the credits to maintain buyer demand.

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