Trump's potential EV tax credit cut could boost Tesla's market dominance while challenging rivals

Nuying Huang, Taipei; Jingyue Hsiao, DIGITIMES Asia Tuesday 19 November 2024 0

Credit: AFP

With Donald Trump expected to take office in January, his transition team reportedly aims to kill the US$7,500 consumer tax credit for electric vehicle (EV) purchases, a central provision of the IRA. Tesla reportedly showed support, as the proposal...

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