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.

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User Discussion

avatarikool
54分钟前
Trump not aware on report o axe EV credtits.
avatarSujon
12:05
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
09:53
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