GOP wants EV tax credit gone; it would be a disaster for Tesla
48d ago
Technology
Ars Technica

Republicans are pushing to eliminate the electric vehicle (EV) tax credit, a move that could significantly impact Tesla. Former President Trump has responded by threatening to remove subsidies for the company. The potential loss of the tax credit and subsidies could create financial headwinds for Tesla, potentially affecting production and sales. This development highlights the ongoing political debate surrounding government support for the EV industry and the role of companies like Tesla in the transition to electric vehicles.