Thinking about buying an EV? Most are set to become $7,500 more expensive come October

fortune.com/2025/07/04/president-trump-big-beautiful-bill-ev-federal-tax-credit-tesla-elon-musk

President Trump’s Big, Beautiful Bill will strip away the federal tax subsidy for new, used and leased EVs despite hiking the debt ceiling by $5 trillion. Carmakers may decide to begin reducing production volumes now in order not to be stuck with excess inventory after September ends.…

This story appeared on fortune.com, 2025-07-04 11:57:36.
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