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Rivian, Lucid, and Tesla stocks fall
Tesla and Other EV Stocks Drop on Reports Trump Team Plans To Kill Tax Credit
Shares of Tesla and other electric vehicle makers fell Thursday after a report President-elect Donald Trump and his transition team are planning to end a $7,500 EV tax credit.
Tesla, Rivian shares fall on report US President-elect Donald Trump plans to end EV tax credit
Donald Trump’s transition team is planning to kill the $7,500 consumer tax credit for electric-vehicle purchases as part of broader tax-reform legislation, a report said.
Tesla and Rivian shares were having a good week. Concerns over the future of EV tax credits ended that.
Worries that EV tax credits may go away under the Trump administration hit a fever pitch on Thursday, dragging down the stocks.
Tesla, Rivian Drop on Report Trump Wants to End EV Credit
US automaker stocks fell after Reuters reported President-elect Donald Trump plans to eliminate a key consumer tax credit aimed at boosting electric-vehicle adoption.Most Read from BloombergUnder Trump,
Rivian, Tesla Slide on Report Trump Plans to Nix EV Tax Credit
Shares of US automakers fell after Reuters reported President-elect Donald Trump plans to eliminate the $7,500 consumer tax credit for electric-vehicle purchases.
Rivian, Lucid, and Tesla stocks fall as Trump plans to kill the EV tax credit
Electric vehicle stocks are falling Thursday after a report detailed the incoming Trump administration’s plans to axe a tax credit for consumers buying cleaner cars.
Trump, Tesla and Elon Musk
Tesla’s Trump
With Trump in office, even more creative policies and support structures that could directly or indirectly benefit Tesla may be on the table.
Elon Musk’s side hustle with Trump is already paying off for Tesla
Elon Musk, the world’s richest person, will be taking on an official role to try to help President-elect Donald Trump make government more efficient. It will add yet another responsibility to an ever-growing to-do list for the increasingly distracted CEO and business leader.
Trump names Elon Musk to role leading government efficiency drive
U.S. President-elect Donald Trump on Tuesday named Elon Musk to a role aimed at creating a more efficient government, handing even more influence to the world's richest man who donated millions of dollars to helping Trump get elected.
2h
on MSN
Why Tesla Stock Was Sliding Today
Shares of Tesla (NASDAQ: TSLA) were heading lower on reports that the Trump administration planned to eliminate the $7,500 ...
1d
on MSN
These Stocks Are Moving the Most Today: Tesla, Rivian, Spirit Airlines, Spotify, Cava, Rocket Lab, and More
Tesla stock rises as CEO Elon Musk is named to lead a new government department for President-elect Donald Trump, Rivian ...
24/7 Wall St
1d
Why Tesla Won't Likely Split Its Stock For the Foreseeable Future
After a challenging 2023, Tesla (NASDAQ:TSLA) rebounded with a number of strong earnings reports, causing the stock price to ...
1d
on MSN
Cathie Wood Is Selling Tesla and Buying This "Magnificent Seven" Stock Instead
Ark Invest funds have been selling the electric vehicle maker's stock over the last few weeks and reinvesting the proceeds ...
2d
Tesla’s Strategic Growth and Market Positioning: A Bullish Outlook Influenced by Musk’s Role and Future Diversification
Adam Jonas, an analyst from Morgan Stanley, maintained the Buy rating on Tesla (TSLA – Research Report). The associated price target ...
Yahoo
1d
These Stocks Are Moving the Most Today: Tesla, Rivian, Super Micro, Spirit Airlines, Rocket Lab, Spotify, SoundHound, and More
(Bloomberg) --
Tesla
Inc.’s post-election surge, powered by Elon Musk’s full-throated support for Donald Trump, has added ...
2d
on MSN
These Stocks Moved the Most Today: Tesla, Home Depot, Trump Media, Shopify, Honeywell, Boeing, Tyson Foods, and More
Tesla stock falls after rising sharply since the Nov. 5 U.S. presidential election, Home Depot tops earnings estimates, and ...
4h
Stock Market Today: Stocks Slip After Powell Talks Rate Cuts
Ahead of the opening bell, the Bureau of Labor Statistics said the Producer Price Index (PPI), which measures what businesses ...
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