Trump's Plan to End EV Tax Credit

President-elect Donald Trump and his transition team are reportedly planning to end the $7,500 EV tax credit. This news has caused Tesla and other EV stocks to drop. However, analysts believe that Tesla may actually benefit from the discontinuation of the tax credit in the long run, as it will enable them to further fend off competition from Detroit. They also believe that Trump could launch other incentives and programs to support U.S. built EVs, in which Tesla and Elon Musk may have a significant role. Overall, the analysts recommend buying Tesla shares despite the initial sell-off.

Latest News

11-16
Trump Is Set to Kill Tesla's EV Tax Credit. This Matters Way More. -- Barrons.com
Trump Is Set to Kill Tesla's EV Tax Credit. This Matters Way More. -- Barrons.com
11-15
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
Trump killing the EV tax credit would hurt Tesla but be catastrophic for Elon Musk’s competition, analysts say
11-15
Stock Track | Rivian Automotive, Inc. Plummets 5.04% Intraday as EV Tax Credit Elimination Looms
Stock Track | Rivian Automotive, Inc. Plummets 5.04% Intraday as EV Tax Credit Elimination Looms
11-15
Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
Tesla to Fare Well Despite Trump Plan to Eliminate EV Tax Credit, Wedbush Says
11-15
特朗普被曝要废除电动汽车税收抵免,对特斯拉是“重大利好”?
特朗普被曝要废除电动汽车税收抵免,对特斯拉是“重大利好”?
11-15
异动解读 | 特斯拉盘前大跌5.05%,或因消息传特朗普计划取消电动车税收优惠政策
异动解读 | 特斯拉盘前大跌5.05%,或因消息传特朗普计划取消电动车税收优惠政策
11-15
Stock Track | Direxion TSLA Bull 2X ETF Plunges 5% as Trump Plan to End EV Tax Credit Spooks Investors
Stock Track | Direxion TSLA Bull 2X ETF Plunges 5% as Trump Plan to End EV Tax Credit Spooks Investors
11-15
Tesla Stock Drops 2% Premarket on Report Trump Wants to End EV Credit
Tesla Stock Drops 2% Premarket on Report Trump Wants to End EV Credit
11-15
Is Tesla Stock A Buy Or A Sell As Donald Trump Plans To Kill $7,500 EV Tax Credit?
Is Tesla Stock A Buy Or A Sell As Donald Trump Plans To Kill $7,500 EV Tax Credit?
11-15
分析师:取消电动汽车税收抵免对特斯拉是长期利好
分析师:取消电动汽车税收抵免对特斯拉是长期利好
11-15
24H | Tesla Shares Continue to Fall on Reports Trump Team Plans To Kill Tax Credit
24H | Tesla Shares Continue to Fall on Reports Trump Team Plans To Kill Tax Credit
11-15
BUZZ-South Korean EV battery stocks plunge as Trump's plan to kill EV tax credit weighs
BUZZ-South Korean EV battery stocks plunge as Trump's plan to kill EV tax credit weighs
11-15
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
11-15
Tesla Seen as Winner on Potential End of Tax Credit for EVs -- Market Talk
Tesla Seen as Winner on Potential End of Tax Credit for EVs -- Market Talk
11-15
电动汽车股大跌!报道称特朗普团队拟取消7500美元电动汽车税收抵免
电动汽车股大跌!报道称特朗普团队拟取消7500美元电动汽车税收抵免
11-15
美股成交额TOP 20 | 特朗普将取消电动汽车补贴,特斯拉跌近6%;迪士尼绩后涨超6%,礼来跌超3%
美股成交额TOP 20 | 特朗普将取消电动汽车补贴,特斯拉跌近6%;迪士尼绩后涨超6%,礼来跌超3%
11-15
Tesla and Rivian shares were having a good week - until concerns over EV credits
Tesla and Rivian shares were having a good week - until concerns over EV credits
11-15
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
11-15
报道称特朗普团队拟取消7500美元电动汽车税收抵免,电动汽车股大跌
报道称特朗普团队拟取消7500美元电动汽车税收抵免,电动汽车股大跌
11-15
Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried?
Trump to Sunset EV Tax Credit: Should Tesla Investors Be Worried?
11-15
特斯拉举手赞同 特朗普计划取消美国电动汽车税收抵免
特斯拉举手赞同 特朗普计划取消美国电动汽车税收抵免
11-14
Tesla, Rivian drop on report Trump wants to end EV credit
Tesla, Rivian drop on report Trump wants to end EV credit

User Discussion

good job hegwpuay hdrjvcx
avatara4xrbj1
11-15
What a rubbish article. Many people lost money as stock pumpers and stupid journalists write up a stock that is as far removed from financials as the Earth is from the money. Not one sentence of caution, just blatant clickbait.
Is Tesla Stock A Buy Or A Sell As Donald Trump Plans To Kill $7,500 EV Tax Credit?
avatarikool
11-15
Trump not aware on report o axe EV credtits.
avatarSujon
11-15
I have lost so much, now I very angry on TESLA
Is Tesla Stock A Buy Or A Sell As Donald Trump Plans To Kill $7,500 EV Tax Credit?
Electrification of public and private transport is aligned to "Making a Country great" and sustainability agenda. But randomness seems to be ruling the country soon. 
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
avatarAhmbis
11-15
Wow, Tesla wil dominate Ev mkt and stifle the other competitors. Smoothly blind sided.
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
I am sure Donald will give in to Elon by providing      the EV credit once again. Make America great         again means he will promote local manufacturing      as well as subsidy for the EV sector like the first      mover, Tesla, to gain more global market share as well as local domestic market. Both of them              probably struck a deal since Elon Musk openly           supported Donald Trump in the election. It's a         politics and business game after all. The $400 is a         matter of time in coming months ahead. One news will trigger the rally once again. Good luck to Tesla manias.
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status
Go Tesla! fewerr competitors 
Trump Likely to Eliminate EV Credits. Tesla Loses Its $1 Trillion Status