Donald Trump’s ‘Big Beautiful Bill’ Could Make These Electric Vehicles Much More Expensive For You
UNITED STATES, JUL 7 – The bill removes the $7,500 federal tax credit and Corporate Average Fuel Economy penalties, impacting regulatory support and Tesla's $2.7 billion revenue from credits in 2024.
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8 Articles
Rivian's CEO speaks about Trump's Big Beautiful Bill and where the real challenges are for electrifying the US
Rivian CEO RJ Scaringe said the Trump administration's cuts to EV incentives can be good for Rivian and Tesla but bad overall for the US auto industry.Amy E. Price/SXSW Conference & Festivals via Getty ImagesPresident Donald Trump's Big Beautiful Bill, signed on July 4, put an end to EV subsidies.Rivian CEO RJ Scaringe said the company will benefit from the removal of the EV "tailwinds."Here's what the Rivian CEO told Business Insider in a recen…
Paul LePage embraces the biggest parts of Donald Trump’s ‘Big Beautiful Bill’
Former Gov. Paul LePage backs key parts of President Donald Trump’s tax and spending megabill, including Medicaid cuts that have rural Maine hospitals fearing large effects. It sets up an ideological battle between LePage and U.S. Rep. Jared Golden, a four-term Democrat who barely held Maine’s 2nd District in 2024. Trump won it by 9 points, giving Republicans hope that the former governor can put the seat back in their column. Golden has been ou…
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