Trump’s transition team aims to kill Biden EV tax credit: Reuters
- Donald Trump's transition team plans to eliminate the $7,500 consumer tax credit for electric vehicle purchases, as part of broader tax-reform legislation, according to two sources with direct knowledge of the matter.
- Representatives of Tesla have informed a Trump transition committee that they support ending the subsidy, as stated by the two sources who spoke on condition of anonymity.
- Trump's transition team aims to remove the EV credit alongside rolling back other clean energy initiatives, which includes support for wind, solar, and hydrogen production.
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Total News Sources0
Leaning Left15Leaning Right14Center17Last UpdatedBias Distribution37% Center
Bias Distribution
- 37% of the sources are Center
37% Center
L 33%
C 37%
R 30%
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