EV tax credit elimination: What it could mean for Tesla and the US auto industry if it ends

foxbusiness.com/markets/ev-tax-credit-elimination-what-could-mean-tesla-us-auto-industry-ends

The reconciliation bill working its way through Congress would eliminate the electric vehicle tax credit created under the Inflation Reduction Act. The removal of the credit, created to incentivize U.S. consumers to purchase electrified vehicles, would likely lead to a drop in EV sales…

This story appeared on foxbusiness.com, 2025-05-30 15:09:13.
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