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Billionaire Elon Musk is fighting to make sure federal tax incentives for electric vehicles (EVs) -- a key subsidy that makes buying EVs more affordable -- remain in place. President Donald Trump's ...
Tesla saw its stock price plummet by 14% on June 5, evaporating approximately 150 billion USD in market capitalization within ...
Trump responded swiftly to Musk’s criticism, threatening to cancel all government contracts and subsidies ... of the $7,500 EV tax credit poses immediate concerns for Tesla’s sales trajectory.
"Keep the EV/solar incentive cuts in the bill, even though no oil & gas subsidies are touched ... Musk's anger over the bill likely came over concerns for Tesla. "I think Elon thought that ...
The Tesla CEO has spent months alienating EV buyers. Now, his company stands to lose federal support and contracts from an angry Republican president.
Brinkman said any material benefit from Tesla's autonomous robotaxi business was years away, while the headwind from EV subsidy removal would most likely hit the automaker in 2025 and 2026.
President Donald Trump and Tesla CEO Elon Musk are in the midst of a public feud as Tesla’s stock reaches records lows.
To draw major global companies to invest in the production of battery-powered passenger vehicles in India, the Centre has ...
Elon Musk lashes out at Donald Trump’s new spending bill, calling it a “disgusting abomination” and warning it will add trillions to the deficit.
Investors are assessing tariff-deal developments after President Trump held a phone call with Chinese leader Xi Jinping, ...