Tesla pleads for Senate to spare its booming energy business

Tesla pleads for Senate to spare its booming energy business

If the Senate were to pass it with those repeals in tact, it could have a devastating impact on Tesla’s energy division.

Tesla Fights to Preserve Clean Energy Tax Credits in Senate Showdown

Tesla Inc. is mounting a significant legislative effort to protect clean energy tax credits that are currently under threat from a House-passed reconciliation bill. The company’s energy division, which experienced a 67% year-over-year revenue increase to $2.7 billion in the first quarter of 2025, depends heavily on these critical incentives. The proposed legislation threatens to roll back key provisions of the Inflation Reduction Act, specifical…