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Tesla, Elon Musk and tax credit

Why Tesla now needs the EV tax credit that Musk once said should go away

Elon Musk had advocated ending the $7,500 tax credit for buyers of Tesla and other automakers’ EVs. But with the end of that credit included in the the “big, beautiful bill,” he and the now financially struggling Tesla are arguing for its continuation.

Fox Business on MSN · 6d

EV tax credit elimination: What it could mean for Tesla and the US auto industry if it ends

While eliminating the electric vehicle tax credit would likely lead to a drop in EV sales and production, Tesla sales would probably remain largely unaffected, one expert says.

AOL · 10h

Tesla CEO Elon Musk may now believe EV tax credit loss would be bad for business

BofA's John Murphy believes the loss of the tax credit may be mixed for Tesla, but the big issue is the lack of a cheaper EV, a vehicle Tesla says is coming but hasn't been seen. Tesla will need those cheaper EVs if it loses EV tax credits to reach price-conscious buyers.

Musk, Tesla and Trump

CBS News · 41m

Trump threatens to cut off Elon Musk's federal subsidies. That could cost Tesla and SpaceX billions.

"The easiest way to save money in our Budget … is to terminate Elon's Governmental Subsidies and Contracts," Trump said in a post.

The Associated Press on MSN · 43m

Tesla stock plunges as Musk's feud with Trump over GOP tax bill spooks investors

Shares of Elon Musk's electric vehicle maker are falling sharply Thursday as investors fear his dispute with Donald Trump could end up hurting the company.

Invezz · 2h

Tesla stock craters as Trump vows to end Musk’s government subsidies

Trump signals plans of ending Musk's federal subsidies and contracts. Elon Musk has made derogatory remarks against his spending bill.

Tesla's China-made EV sales fall 15% y/y

Forbes · 9h

U.S. EV Sales Will Be Solid Rather Than Spectacular As Tesla Wobbles

Sales of electric vehicles in the U.S. will increase a bit in 2025 as Tesla weathers a storm, but both are likely to achieve solid growth through 2030.

Reuters on MSN · 1d

Tesla's China-made EV sales fall 15% y/y in May

A decline in Tesla's China-made electric vehicle sales extended to an eighth month in May, as the U.S. automaker's sales woes were compounded by brutal price wars in the world's largest auto market. Deliveries of China-made Model 3 and Model Y vehicles,

Daily Journal · 1d

EVs boost German auto sales, Tesla falls again

A jump in electric car sales helped give a slight boost to Germany's troubled auto market last month, official data showed Wednesday, although Elon Musk's Tesla fared poorly again.

Musk-Trump blowup adds to headwinds for Tesla, EV sector

"Elon is upset because we took the EV mandate ... which was a lot of money for electric vehicles," Trump said Thursday in the ...

8hon MSN

Tesla stock tanks 14% as Musk-Trump spat mounts, putting EV maker below $1 trillion market cap

The drop comes as shares of the EV maker saw a 22% rally in May with Musk wrapping up his time as head of Trump's Department ...

52mon MSN

Goodbye Mr. Nice Guy? Investors dump Tesla on bet Trump may lash out at Musk through his car company

By BERNARD CONDON Shares of Elon Musk’s electric vehicle maker are falling sharply Thursday as investors fear his dispute ...

6hon MSN

Tesla’s largest EV plant in the world suffers eighth straight month of declining demand as May sales sink 15%

Although Tesla is increasingly viewed as an AI company, roughly three-fourths of its revenue and gross profit come from ...

Tesla Investors Take Cover

While the feud played out Thursday, Tesla investors took cover in the options market. As shares of Musk's electric-vehicle ...

3don MSN

Tesla not keen on local production, minister says, as India finalises EV policy

Tesla does not want to produce cars in India, a federal minister said on Monday as the government finalised its electric ...

1don MSN

Americans’ interest in electric cars dwindles as the firestorm around Tesla grows

Use precise geolocation data. Actively scan device characteristics for identification. Store and/or access information on a ...

Electrek1d

Tesla’s India plans won’t include manufacturing and here’s why

Tesla’s India plans won’t include electric vehicle manufacturing, according to the local minister of industries, and the reason is ...

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