Trump's Bill Would End EV Subsidies: Could This Kill Tesla?
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 new bill seeks to eliminate these tax incentives, which would otherwise be in place until 2032. Musk's company Tesla (TSLA 2.00%) has already seen sales struggle to grow across many key geographies. Deliveries last quarter fell by 32% quarter over quarter, and by 13% year over year. Could the elimination of EV ta ...