How Tesla Could Benefit From the ‘Big Beautiful Bill’ that Axes EV Subsidies
9 Articles
9 Articles
Trump and the GOP have no way out of the Big, Beautiful Bill. That’s the problem
President Donald Trump’s aggressive effort this week to line up Republicans behind the cornerstone of his economic agenda has coincided with a perilous warning: The bond market gets a vote, too, and is signaling an early “no” on his Big, Beautiful Bill.
How Tesla could benefit from the ‘Big Beautiful Bill’ that axes EV subsidies
The United States House of Representatives passed President Trump’s “Big Beautiful Bill” by a vote of 215 to 214 on Thursday, effectively bringing an end to many EV subsidy programs, like the $7,500 tax credit, by the end of this year. The bill will not only eliminate the $7,500 credit on new EV purchases, but also the $4,000 credit given on the purchase of used electric vehicles, and a $1,000 credit on the installation of Level 2 chargers. It w…
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